Event Date

INDIA - 10/02/2021 - 19/02/2021

Event Description

Writing Effective Audit Reports

This course focuses on writing skills. It will help auditors at all levels refine their writing skills and brush up on the basics. The course provides instruction on all aspects of effective writing that applies to any audit or business-related documents.

You will learn techniques for organizing information and ideas and strategies for achieving clear, concise, and complete communication.
Writing effective audit reports must be the most important aspect of the Internal Audit process. It is the main deliverable and the only written information audit customers receive. The risk-based focus being increasingly adopted is universally accepted as the new benchmark for Internal Audit. Specifically targeting significant areas of business opportunities in the audit programme can deliver major measurable benefits to the organisation; this course is designed to with an approach to writing and reviewing audit reports.

Benefits of Attending:
 
·         Significantly enhance the impact of your reports
·         Benchmark your Audit Report against Best Practice
·         Simplify your reports and enhance their readability
·         Significantly enhance the impact of your reports
·         Make your reports easier to write, easier to review and easier for management to implement
·         Influence management more effectively
·         Establish performance measures
 
Who should attend?

·         Chief Risk Officers
·         Chief Audit Executives
·         External Auditors
·         CFOs
·         Internal Directors/Managers/ Supervisors/Auditors
·         Risk Managers
·         Assurance professionals
·         Internal audit and internal control departments
·         Investigation Auditors
·         Managers use internal auditor's report in their work
 

 Thought Leaders:-

·       Parthasarathy AR
Partner
RGN Price & Co. 

·       Giridhar Janardana
Past President, IIA Madras Chapter & Partner,
BlueRidge Consulting Services

·       Viswanadh Kuchi
FCA, MBF - ICAI  | CIA, CRMA , CFE, CISA – USA  | IP - IBBI


 

Event Agenda

Agenda:-
 
10th February, 2021
4.30 PM- 06.00 PM
 
Session 1 : Introduction
·         What is an Audit Report
·         The challenges of audit reporting
·         Who are the reports for?
·         Explanation of a proven method to evaluate audit reports
·         Who should you involve?
·         The psychological problem with reports
·         The need to meet and hopefully exceed management     expectations
·         Writing reports with Impact
·         Key differences between causes, conclusions, and evidence
 
12th February, 2021
4.30 PM- 06.00 PM
 
Session 2 : Best Practice Internal Audit Reports
·         Assessing the Root Cause
o   Steps to effective root cause analysis (RCA)
o   The difference between issue, symptom, and root cause
o   Strategies in RCA
o   When and how to engage the client in RCA
o   Reporting root causes: positive vs. negative wording
    Planning the Audit Approach:
·         Risks can be over-managed as well as under-managed
o   Purpose of a business risk
o   Keeping common risks convincing
o   Using action verbs to create change
·         The Opportunity register
·         Helping management to focus on opportunities
 
17th February, 2021
4.30 PM- 06.00 PM
 
Session 3 : The Main Report
·         Title of an audit
·         What an issue statement describes
·         The 5-sentence burst
·         Writing the issue statement
·         Audit objectives
·         Forming and expressing the audit opinion
·         Writing effective coherent sentences and paragraphs
·         The editing process – tips for success
·         The power of senior management comments
·         Circulation lists
·         Formatting ideas
·         How to avoid repeating any sections in the Executive summary
·         How to reduce the number of words
·         Dealing with the difficulties of the English language
 
19th February, 2021
4.30 PM- 06.00 PM
 
Session 4 : Finalising the Report
·         Recommendations and actions plans
·         Management comments
·         How to reflect the right issues for the Audit Committee
·         Audit Committee report examples
·         The need to be on your customers side
·         Follow up audits – using the action plan
·         How to get management to take responsibility for actions
 

Date

10/02/2021 - 19/02/2021

Time

Opening Day Time: 4:30 pm - 6:00 pm
Closing Day Time: 4:30 pm - 6:00 pm

Venue

Webinar

Brochure

Download Link : Audit Reports_V4.pdf

Registration Fees

INR 7,500.00

Event Calender

January 2021 February 2021 March 2021 April 2021