Audit induction training – Managers

Overview:

When registered candidate auditors are appointed as managers, their responsibilities expand to include those also expected from the partners. These responsibilities comprise more high-level communication with clients, risk assessment of clients’ businesses, overseeing audit engagements and leading teams. This new phase in a lifelong learning journey may be navigated successfully with a solid base of key technical and professional skills, and guidance provided along the way.

A thorough understanding of the relevant quality control, engagement quality and ethical requirements is needed to achieve a well-rounded combination of the skills required of a good manager. During this interactive training session, we will discuss practical examples and solutions to common challenges.

Content and outline:

To explain the following concepts and demonstrate their practical application:

1. Quality management and responsibilities:
   • Firm’s risk assessment process
   • Governance and leadership responsibilities
   • Ethical requirements and responsibilities
   • Resources
   • Information and communication
   • Engagement performance
   • Monitoring and remediation
   • Acceptance and continuance
2. Engagement quality:
   • Audit basics – documentation, minimum content
   • Internal control and risk assessment
   • Audit approaches
   • File reviews and supervision
3. Key professional skills:
   • Leadership
   • Industries and related risks
   • Coaching and mentoring
   • Business writing
   • Excel

Enroll in the Audit induction training – Managers Course, complete each lesson and pass the final quiz to complete the course.

Certification: Upon completion of this course, participants will receive a verifiable attendance certificate.