Surgent's Communicating Internal Control Deficiencies (Audit Skills Training - Level 5) (Self-Study)
Valid for one year from purchase date
Auditing - Technical (3.0)
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Professional and regulatory audit standards require communication of internal control matters noted on a financial statement audit. This assists management and those charged with governance with satisfying responsibilities for designing, implementing, maintaining and monitoring internal controls. This module will help the auditor with understanding how to improve the required communications to be more value-added to the client.
Who should take this program?
Accountants who are responsible for drafting internal control related matters noted in an audit
The required communication of internal control matters noted on an audit
Evaluating the severity of identified deficiencies, including consideration of qualitative considerations
Elements to include in the letter or report including internal control matters
Components of a well-written internal control comment
Better writing tips and techniques
Discuss what, when and to whom to communicate identified deficiencies in internal control during the financial statement audit
Describe how to categorize the severity of identified deficiencies
Explain how to draft written communications in a way that will increase the likelihood of corrective action
NASBA ID#: 103212
Experience on complex audit engagements