PEM PAL IA COP AiP Working Group Guidance to Audit Engagement Planning

Slides:

Advertisements

Similar presentations

Progress on Risk Assessment......continued Ms. Albana Gjinopulli, MPA Mr. Stanislav Buchkov.

Advertisements

Proposal / Request For Proposal Proposal / Request For Proposal Initiation Control Planning Close-down Execution.

Preparing for an External Quality Assessment of your Quality Assurance and Improvement Program Institute of Internal Auditors El Paso Chapter August 29,

Auditing A Risk-Based Approach To Conducting A Quality Audit

Learning Objectives LO1 Outline six general audit techniques for gathering evidence. LO2 Identify the procedures and sources of information auditors can.

External Quality Assessments

IS&T Project Management: Project Management 101 June, 2006.

Conducting the IT Audit

REVIEW AND QUALITY CONTROL

Internal Auditing and Outsourcing

Chapter 7 Preparation for the Audit ACCT620 Internal Auditing Otto Chang Professor of Accounting.

Preceptor Orientation

1 1 Internal Audit Annual Planning, Engagement Planning and Execution.

RAWG.  Risk assessment guideline for strategic and annual planning ◦ Identifying auditing universe ◦ Identification of risks ◦ Categorization of possible.

IAEA International Atomic Energy Agency. IAEA Outline LEARNING OBJECTIVES REVIEW TEAM AND COUNTERPARTS Team Composition Qualification PREPARATORY PHASE.

Purpose of audit is to provide assurance that: Procedures for attaining quality are such that, if followed, the intended quality will be obtained.

Harmonization Project FAS Meeting Harmonization project and ISSAI 200 Purpose and scope of the project The purpose is to provide a conceptual basis.

PUBLIC–PRIVATE PARTNERSHIP (PPP) FRAMEWORK AND GUIDELINES Syed M. Ali Zaidi, P.Eng. PM(Stanford), Ph.D. Director, Strategic Partnerships Alberta Infrastructure.

IAEA International Atomic Energy Agency Methodology and Responsibilities for Periodic Safety Review for Research Reactors William Kennedy Research Reactor.

Group 3 Strategy and Legal Framework (Diana Grosu-Axenti) Mission To Develop: (1)integrated database of IA legislation in the PEMPAL countries and (1)

Supreme Audit Office of the Slovak Republic, Chair of the CBC Sub-Committee Promote Peer Reviews.

IAEA International Atomic Energy Agency. IAEA Outline LEARNING OBJECTIVES REVIEW TEAM AMD COUNTERPARTS Team Composition Qualification PREPARATORY PHASE.

Working group on Quality Assessment Steps done and plans for the future.

Working Group on Quality Assurance Plans for the future Bucharest, 1 December 2014.

Belgian Technical Cooperation Internal audit presentation.

AUDIT STAFF TRAINING WORKSHOP 13 TH – 14 TH NOVEMBER 2014, HILTON HOTEL NAIROBI AUDIT PLANNING 1.

 Planning an audit of cost statements, records and other related documents is considered necessary to ensure achievement of audit objectives with available.

Internal Audit Reports Follow-Up Yerevan Report on Audit Engagement Accurate Impartial Clear Concise Constructive Integral Timely.

IMS Implementation Project

Jean-Pierre Garitte Budapest 29 March 2017

MODULE 8: GOVERNANCE AUDIT EVIDENCE AND REVIEW

14th CAS meeting Performance reporting Presentation by SAI-SA

Compliance with Framework of Quality Control - General & Specific Controls CA Vimal Chopra, Ex Chairman of CIRC of ICAI.

Identify the Risk of Not Doing BA

Project Integration Management

Jean-Pierre Garitte Moscow 18 October 2016

Conducting the IT Audit

Prepared by Rand E Winters, Jr. ASR Senior Auditor October 2014

Project Management Lifecycle Phases

PEM PAL IA COP Internal Control Working Group COSO Principles

CPMGT 300 Competitive Success/snaptutorial.com

INF 410 Education for Service-- snaptutorial.com.

CPMGT 300 STUDY Lessons in Excellence--cpmgt300study.com.

CPMGT 300 Education for Service/snaptutorial.com.

INF 410 Teaching Effectively-- snaptutorial.com

CPMGT 300 Teaching Effectively-- snaptutorial.com.

Project Management Processes

Internal Audit planning of an audit: EC practices

GIFT and IBP Pilot PROJECT on PUBLIC PARTICIPATION

Project Management Professional PMP DumpsPMP Dumps – DumpsProfessor.com For More information:

PEM PAL IA COP AiP Working Group The ISPPIA on Planning

WHAT TO EXPECT: A CROWN CORPORATION’S GUIDE TO A SPECIAL EXAMINATION

Barents 2020 Phase 4 - Working Group RN04

CTP Program Updates Laura Algeo, FEMA HQ.

PEM PAL IA COP AiP Working Group Hospital Audit Planning

Audit-in-Practice (AiP) working group recent achivements:

Survey-Document Examination-Observation-Benchmarking

INTERNAL AUDIT COMMUNICATIONS AND REPORTING ( %)

Internal Controls Assessment

Use of External Consultants

TECHNOLOGY ASSESSMENT

Objectives and expectations from the AiP WG Tashkent, October 2017

Documentation Requirements of an IT Audit including Audit Management System (Area: Audit Process) A presentation by the SAIs of AFROSAI-E, Bangladesh,

Jean-Pierre Garitte Skopje 8 April 2019

PEM PAL IA COP Audit in Practice Working Group Human Capital Case

FIELDWORK Expectations, challenges, methods, results

PEM PAL IA COP Audit in Practice Working Group Hospital Case

Documentation Requirements of an IT Audit including Audit Management System (Area: Audit Process) A presentation by SAIs AFROSAI-E, Bangladesh, China,

Working Group on Quality Assurance

Internal Audit in the Public Sector in North Macedonia - First steps, achivments and further chellenges - Mite Mitevski, Head of Central Harmonization.

Presentation transcript:

PEM PAL IA COP AiP Working Group Guidance to Audit Engagement Planning Jean-Pierre Garitte Yerevan 11-13 June 2018

One or two planning documents? Audit plan Audit work program Risk / control matrix Suggestion: Structured and general audit plan Risk / control matrix as addendum

General audit plan Four phases / chapters: Initial planning Preliminary survey Field work Reporting

Initial planning (1) Define audit objective(s) Define engagement scope Define required skills and expertise to perform the audit engagement Identify team members Identify technical support needed

Initial planning (2) Prepare time budget for engagement Identify reference framework (criteria) Identify relevant information needed Prepare engagement memorandum Plan kick-off meeting

Preliminary survey Gain knowledge of audit area Describe process under review Prepare risk / control matrix with inherent risks and expected controls Prepare working papers

Field work (1) Develop necessary steps to assess the design of controls Execute the steps to assess the design of controls Discuss the observations on the design of controls with auditees Conclude on the adequacy of controls Submit working papers for review

Field work (2) Develop tests to assess the effective implementation of controls Execute the tests to assess the effectiveness of controls Discuss the observations resulting from the tests of controls with auditees Conclude on the effectiveness of controls Submit working papers for review

Field work (3) Prepare overall conclusions with regard to adequacy and effectiveness of controls Submit working papers for review

Reporting Organize a closing meeting with auditees Prepare a draft report Submit the draft report for review Integrate comments from auditees Prepare final report Attach action plan to report

Risk / control matrix (1)

Risk / control matrix (2) Name of (sub)process Inherent risk(s) to (sub)process Risk rating Expected mitigating controls Tests of control design Conclusion on control adequacy Tests of control implementation Conclusion on control effectiveness Overall conclusion

Task Agree on the suggested approach: general audit plan plus risk / control matrix Review the various chapters/topics of the planned guide Are they complete? What items need to be developed in detail?

PEM PAL IA COP AiP Working Group Guidance to Audit Engagement Planning Jean-Pierre Garitte Yerevan 11-13 June 2018