The Crucial Connection - Why You Should Care About Your Client's System of Internal Control - Society of Louisiana Certified Public Accountants

Overview

Learn why your client’s system of internal control is important to achieving an effective and efficient audit. Gain an understanding of how to identify which IT applications and IT controls are relevant.

Highlights

The audit risk model

Key steps in understanding and evaluating your client's system of internal control

Learn how to identify IT applications and IT controls relevant to the audit

Apply risk assessment requirements to less complex entities

Examples of risks arising from the use of IT and general IT controls

Prerequisites

none

Designed For

Practitioners who perform audit engagements

Objectives

Recognize auditors' responsibilities when gaining an understanding of a client and its environment, including its system of internal control.
Recognize which controls require design & implementation evaluation.
Recognize auditors' responsibilities specific to risks arising from the use of IT and general IT controls.