Best Practice in Audit Reporting/ 23-Apr-2018 - 27-Apr-2018

Best Practice in Audit Reporting

Bankers Committee members pay N 123,465.00 only

Background

Effective reporting is an essential aspect of the auditing process. It is a major factor by which the reputation of internal audit department is established. An audit report is a formal document used by internal auditors to record findings regarding a particular audit being carried out within an organisation. Apart from disclosing the Fndings about the auditee, it also helps users to evaluate the performance of the auditors themselves. More often than not, the report becomes a statement of the auditor's credibility when they are circulated, referred to and implemented. For an audit exercise to full its purpose, the report emanating from the process must be written using a format that is easily understandable and actionable. Such report must set the right tone for diverse readers and address the needs of multiple audiences. Therefore, organizations must continually upscale the skill sets and competencies of its audit and other related functional staff in writing good audit reports that can facilitate effective decision making within their organization.

Target Participants

Auditors, Accountants, Inspectors and Bank Examiners as well as those being prepared for these roles and staff of Examination/Supervision Departments of regulators in the financial services sector.

Objectives

At the end of the course, participants should be able to effectively

Effectively schedule good audit planning activities
Discuss the materiality concept in audit reporting
Demonstrate acceptable audit report formats and styles
Interpret findings from the assessment and evaluation of audit reports in making informed decisions.
Explain the purpose of audit programs and work paper
Describe the elements of an audit work paper


Contents

Audit Plans: Coverage, Timing, Evaluation, Control and Staffing
Materiality Concept in Audit Reporting
Audit Reporting Formats and Styles
Audit Opinion: Qualifed and Unqualifed Audit Reports
Assessment and Evaluation of Audit Reports
Audit Programs and Work Papers
Auditing in an IT Environment
Essence of COSO Reporting
Regulatory Bodies and their Expectations from the Audit Function and
Reports
Audit Committees and their Expectations from Audit Reports
Effective Presentation of Audit Reports


For more information: call Christie: 0803 526 7788 or Email: cochei@fitc-ng.com

Register Now

If you would like to attend this training programme, please fill the form below and we will contact you as soon as possible. You can also pay for courses online.




Our learning sessions are unique in 4 ways

  1. Programme design & delivery recognize the needs of adult learners in career
  2. Experience sharing by practitioners, with well over two decases of experience in areas relevant to course topic, whom we call "Programme Directors"
  3. Course delivery by practitioners based on conceptual research background
  4. The essence of our corproate brand and orientation within concept implementation thinking

The fees cover tuition, course materials, group lunch, tea/coffee and snacks but EXCLUDE accommodation.
Dress Code: Formal

Discount on Fees

3 participants 5% Discount
4 participants & Above 7.5% Discount


Payment of Fees

Payment of fees should be in cash or CERTIFIED CHEQUE/BANK DRAFT made payable to the FITC before the commencement date or on arrival at the venue.

Refund of Fees

Fees paid for participants who do not turn up eventually would be refunded, subject to deduction of 25% administrative cost.

Methodology

Formal lectures, case studies, participative group exercises and experience sharing.

Administration

The programme commences at 10.00a.m. on Monday, 9.00a.m other days and ends at 4.00p.m. daily.

In-plant Option

Do you intend to train more than 20 participants? Are you considering an in-plant option?
Please call us ☎


International Participants

International participants should please inform FITC of their attendance ahead of the programme, to enable us prepare airport pick-up for them.

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