Renew Focus on Audit Workflow to Increase Audit Firm Capacity (Currently Unavailable)

Author: Alan Anderson

Most current audit processes rest on the "hope" of completing the audit timely rather than by design. This course discusses changes to the audit process to improve the audit workflow and increase the firm's capacity without adding staff. It will discuss the typical roadblocks impacting a firm's workflow that affect the auditor's ability to complete the audit on time and demonstrate the parallel between improved workflow and efficiency in the audit process.

Publication Date: April 2015

Designed For
Practitioners involved in audit work

Topics Covered

• Audit workflow
• Overview of the audit process
• 4 Audit Phases (Planning, fieldwork, wrap-up, delivery)
• Common roadblocks in the audit process

Learning Objectives

• Identify roadblocks that affect an audit firm's workflow
• Devise audit fieldwork planning methods to avoid wrap-up delays
• Expedite audits stuck in wrap-up phase

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Auditing (2 hours)

Program Prerequisites
Basic understanding of auditing issues

Advance Preparation
None