Putting the Quality in Audit Reports

from Armaya Smith

OVERVIEW

How well you communicate that information is critical to getting management’s acceptance of your findings and their agreement with your recommendations. A well written audit report adds value to your clients by providing information that is:
• Accurate
• Objective
• Clear
• Concise
• Constructive
• Complete
• Timely
In addition to audit reports, these elements can apply to all kinds of writings including:
• Executive summaries
• Fraud investigations
• Consulting reports
• Memos
• General correspondence

WHY SHOULD YOU ATTEND

The objective of any report is to provide important information to management in the area reviewed. It represents the end result of weeks of reviews, analyses, interviews and discussions. The quality of that report will have an impact on how well the report is understood and accepted. A report with the best information and recommendations may not be acted upon if the report is poorly written and hard to understand. Poor quality reports can result in management:
• Misunderstanding the information and making the wrong decisions
• Getting too little information and making poor decisions
• Getting too much information and wasting valuable time in making decisions
Ideally, the audit report should provide management with enough information to understand:
• What was done
• What was found
• What management should do

AREAS COVERED

The areas covered includes:
• A review of the audit standards related to audit report quality
• A detailed review of each of the seven report quality elements:
o Accurate
o Objective
o Clear
o Concise
o Constructive
o Complete
o Timely
• Various quality report exercises

LEARNING OBJECTIVES

The objective of this operational audit report training is to:
• Provide a review of the audit standards related to audit report quality
• Provide a detailed review of each of the seven report quality elements:
o Accurate
o Objective
o Clear
o Concise
o Constructive
o Complete
o Timely
• Participate in various quality report exercises

WHO WILL BENEFIT

• Chief Audit Executives
• Audit Directors
• Audit Supervisors
• Audit Managers
• Staff Auditors
• Government Auditors
• Compliance Auditors
• Internal Control Specialists
• Public Accountants
• Accounting Analysts
• Business Analysts
• Quality Control Specialists

For more detail please click on this below link:
https://bit.ly/2xQTTFo

Email: [email protected]
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882

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