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1.5 CPE credit of Auditing for all CPAs
1.5 CPE credit for Certified Internal Auditors (CIA)
1.5 CPD credit (Verifiable) for Canadian CPAs
1.5 CPE credit for Qualification in Internal Audit Leadership (QIAL)
1.5 CPE credit for Internal Audit Practitioner (IAP)
1.5 CPE credit for Certified Government Auditing Professional (CGAP)
1.5 CPE credit for Certification in Risk Management Assurance (CRMA)
1.5 General Educational credit for Tax Professionals / Bookkeepers / Accountants
Employee Stock Plans: RSU, ESPP, ISO, NQSO
Ethics and Earnings Management
Best Tax Return Workshop - Partnerships & LLCS (Form 1065) Latest
Key to Scale in Offshoring: PROCESSES!
Best Tax Return Workshop On S Corporation (1120S) - Latest
The Importance of Living your Organizational Values
Why Good Accountants do Bad things
Work Well Remotely: Healthy habits at home
The Beginner's Guide to QuickBooks Online
Abandoned Wages: How to Stay in Compliance When Reporting and Remitting
Personal Credit Mastery Course Intro
Casualties, Disasters & Settlements
Comprehensive Guide to Health Savings Accounts (HSAs)
Comprehensive Course on Personal Credit Mastery
Preparing for and conducting an audit are the initial components of the audit process; writing a good audit report is the final step. Communicating the results of an audit is just as important as performing it. However, auditors are often frustrated when their audit reports are not taken seriously or used effectively because they do not provide meaningful information.
Even the best-planned audit will do little good if results are not effectively communicated to the audit client to make the needed fixes. This online CPE course will discuss how to write audit observations so that whether it’s used internally or externally, the audit report conveys the proper information.
The key to writing an effective audit observation is having a comprehensive structured process. The Institute of Internal Auditors recommends a process known as the 5Cs:
As you develop conclusions, findings, and recommendations, you must present them to your client in a logical, complete, and objective way. This process provides an easy way to consistently develop and present your observations in a timely manner. The components in this process include all the information you will need to inform and persuade. It allows you to present your findings to your reader in a logical, complete, and objective manner and, thus, enhances the chances of the client’s buy-in and their agreement to your recommendations.
This process can also serve as a basis for review by audit supervisors and managers. It is supported by your workpapers and gives complete and clear details of your analysis and the basis for your findings.
Writing audit observations effectively brings issues to management’s attention that needs to be addressed. How well you communicate that information is critical to getting the results you are seeking.
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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Audit Instructor, JonSherr Ent.
Mr. Keith has over 40 years of audit experience and served as the Chief Audit Executive for the Metropolitan Atlanta Rapid Transit Authority (MARTA) for 11 years before his retirement in 2012.
As the Chief Audit Executive for MARTA, he was responsible for administering the overall audit activities for the Department of Internal Audit including:
Providing the Board, the GM/CEO, MARTA Management and appropriate government entities with independent analysis, appraisals, and recommendations concerning operational, information technology, contract compliance, and financial audits.
Directing the day-to-day activities for three audit managers, 12 auditors and the audit coordinator.
Developing and/or reviewing all audit reports and audit correspondence.
His other audit experience includes serving as:
Operational Audit Manager at MARTA
Senior Auditor in the Contract Compliance Audit Branch at MARTA
Senior Auditor at Norfolk Southern Railway
Bank Examiner at the Federal Reserve Bank of Atlanta.
He has been a volunteer seminar instructor for the Institute of Internal Auditors. Some of the courses taught included:
Writing Effective Audit Reports
Tools and Techniques for the Beginning Auditor
Communication Skills for Auditors
Leadership Skills for the Auditor-In-Charge
Audit Project Management
CIA Review Course
He currently teaches audit webinars, including:
Writing Effective Audit Observations
Putting the Quality in Audit Reports
What it Takes to be the Auditor-In-Charge
Assessing Risk and Evaluating Controls
Report Writing Techniques for Audit Professional
He has been published three times in the IIA Magazine’s “Back to Basics” section.
He has a degree in Economics from Clark Atlanta University. His certifications include Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), and Certified Government Auditing Professional (CGAP).
Something Just Gone Wrong.