Course Level :Basic
Instructional Method :QAS Self Study
Advance Preparation :None
Published: June, 2022
Internal audit is a very crucial part of the audit process. It has a standardized procedure that provides essential backbone support to the main audit. A value-oriented internal audit is a requirement that lends essential efficiency to the audit. Understanding and adherence to the standards provide a stronger chance of effective internal audit execution. This Full-day online CPE webinar on internal audit takes into account the need for auditing standards, and how to execute those standards. It also touches precisely on what could be the risks of the negligence in the standards.
Corporate management personnel often are not aware that internal auditors have standards and guidelines defined by the profession. Internal Audit (IA) is not always seen as those that must follow established professional standards. Internal auditors don’t have a “license to practice”. This CPE webinar will delve deep into the major components of the Standards and their meaning to the profession.
Institute of Internal Auditors (IIA) Standards to guide most effectively executing the internal auditor’s fiduciary role. It provides the foundation for the profession. They are written to ensure effectiveness and consistency in the execution of internal auditing. This course will focus on managing the internal audit function and the nature of work considered within the realm of internal auditing. It also identifies the internal auditor’s role in risk management and governance activities. In this webinar, the speaker Lynn Fountain explores the intent of the Standards and recognition of alternatives to promoting the value-oriented activities internal audit can provide to an organization.
Despite these, internal auditors still need the relevant framework to properly execute the engagements. This webinar identifies critical understanding that helps internal auditors in various aspects of audit and the framework. Though they are not specific templates and not expected to be followed rigidly, it certainly helps ensure audit engagements are executed consistently and effectively. They also delve deep into performance standards relating to internal audit projects.
This online CPE course on Auditing covers the following Key Topics:
With a bird’s eye view of the comprehensive aspects of auditing, this webinar provides invaluable guidance to the auditors about the importance of the standards, while other professionals gain crucial insight into the role an internal auditor can play.
If you are interested in exploring internal audit, Certification in Internal Audit Leading Practices might interest you.
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.
Owner, Lynn Fountain Consulting and Training
Lynn Fountain has over 39 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.
Ms. Fountain is currently engaged in her own consulting and training practice. She has successfully executed on several consulting assignments spanning areas of accounting, risk, ERM and internal audit. She is a highly sought-after trainer and international speaker and has produced hundreds of courses delivered through seminars, conferences and on-demand training. She is the author of three separate technical books.
Fountain obtained her BSBA from Pittsburg State University and her MBA from
Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.
Ms. Fountain has become known as an international trainer on topics of Leadership, Internal Audit, Accounting, Finance, Ethics, Business Processes, Bookkeeping, Cybersecurity and Business Issues. She has over 150 training topics that can be tailored to meet your needs.
Jun 29th, 2022
No handouts. That would have been nice if there were some.