A Crash Course on the best practices internal audit has to offer
Based on Danny M. Goldberg’s professional commentary on the Bureau of National Affairs Practice SeriesInternal Audit Best Practices and Fundamental Practices (authored by legendary audit scholars Curtis C. Verschoor and Mort A. Dittenhofer – co-author of Sawyer’s Internal Auditing), this two-day seminar will take you through emerging trends and techniques in the internal audit world.
Attendees should learn about real-world training and concepts they can apply in their department immediately.
I. Introduction and Background
II. Audit Risk Assessment
a. IIA Standards
b. What is an Audit Risk Assessment?
c. How does the ARA integrate with the ERM?
III. Fieldwork Best Practices
a. Managing the audit engagement
b. Audit Testing
c. Audit Evidence
d. Constructing Workpapers
e. Workpaper Review
f. Fieldwork Methodologies
IV. Audit Report Writing
a. Auditor Guidance
b. Audit Report Structure
c. Executive Summary Components
d. Observation Components
e. Other Sections of Audit Observations
f. Report Optimization
V. Audit Follow Up
VI. Optimization Audit Best Practices
a. Optimization Assessment
b. Documenting Understanding
c. Segregation of Duties
VII. Control Best Practices
a. COSO
b. What are Internal Controls?
VIII. Integrated Auditing
a. Audit Process Similarities
b. Elements of Preliminary Work
IX. Fraud Red Flags
X. Optimized Communications
XI. Audit Interviewing
XII. Practical Ethics
a. What is Ethics?
b. Key Influences on Ethical Behavior
c. 4 Methods to Resolve Ethical Dilemmas
Thank you for leading the session on Rethinking the Audit Process. I enjoyed it a lot as you were able to engage participants throughout the day to keep it interesting and educational at the same time. Thanks again and I hope to attend and I hope to attend other trainings that you lead in the future.
Audit 2020 - Portland IIA
I loved Danny’s session! He facilitated open discussion about corporate culture, which helped us all apply the lessons learned to our unique situations and organizations.
NOTE: Overall Evaluation Score – 5.0/5.0
IIA Western Regional (Anaheim) Attendee - June 2017
I recently attended the Soup to Nuts: The Fraud Risk Assessment Process class in Boston. I would like to share that this was one of the very few classes I truly enjoyed as it exceeded my expectations both in content and experience as a “student”. The material for the class is shared prior to the class which allows you to better prepare for the topics of discussion. I related to the material both on a professional and personal level – fraud can happen anywhere! The class was very interactive giving everyone an opportunity to learn and network with one another. Danny Goldberg, the instructor, is an extraordinary instructor. He engages and challenges everyone, thinks outside the box by looking for ways to ensure everyone’s energy (both physical and mental) is up the whole time, by having stories and examples that everyone can relate to, and even offers prizes for best participants/teams as an additional incentive. I would love and look forward future classes taught by Danny G.!
Fraud Risk Assessment Attendee - Boston IIA March 2017
“First of all I want to thank you for the training provided, for your energy and for every single explanation given with a lot of patience. The training was very useful, especially for a person like me with no IT experience at all.”
IT Auditing for Non-IT Auditors (Boston, MA) - Private Training
I attended your presentation on Crucial Communications which was absolutely great! Thanks for being the instructor. You are an amazing instructor and are so lively with the audience.
Crucial Communications - CASA
I just wanted to drop a quick note saying thank you for yesterday’s training. The group was the most genuine and engaged I’ve experienced – very neat to be a part of it. In our small group discussions, it was so rich in dialogue – I will use it in my daily life many times over.
Non-Auditor Attendee, Central North Dakota IIA April 2016
Critical Thinking Course - Central North Dakota IIA - April 2016
I’ve been a member of the IAFCI since 1996 and had the pleasure to attend the IAFCI Training Conference in Fort Worth last month.
I really enjoyed your presentations on “ Practical Ethics part 1 & 2”. It was hands-down the best ethics session I have ever attended.
IAFCI - Practical Ethics
Just wanted to extend thanks for your presentation on Communication. I found that session to be among the top three sessions of the week, including the keynote speakers.
Attendee, People-Centric Skills: Communications Presentation
ISACA CACS Conference, May 2016 (New Orleans, LA)
Management:
I appreciate the time and effort Danny put into the training. We were a tough crowd and he did an excellent job.
I’ve been to a lot of trainings over the years. I think Danny is probably the best I’ve seen at creating an upbeat environment where everyone feels comfortable participating. He did really well at keeping folks engaged. He also covered a lot of valuable ground. On the whole, he was excellent.
Private Training - People Centric Skills April 2017 (Oregon)
I really enjoyed and greatly appreciate your delivery of the message you were trying to convey. You really made the meeting very enjoyable and upbeat. I hope to attend or see you again in the future. I was just reaching out to you and letting you know what I thought of the book that I purchased from you at the meeting.
I really enjoyed the aspect of the book that you kept it in a narrative and story style. I think it made it a very quick read and also puts the skills and practices that are referenced in the book as well as your training into real world scenarios. I also really like how each chapter was broken out after the chapter with the skills sets, messages, or concepts listed instead of like a textbook format throughout the chapter. I thoroughly enjoyed reading the book. I have recommended the book to my supervisors that I think this book and your trainings would be very beneficial to all of my co-workers.
I really appreciated you letting me feel so included in your discussion and presentation. Being a younger professional who thinks they have a very strong soft skills set I still feel like I learned and took away a lot from your book and training. I hope to continuously improve my people centric skill set and hope to someday be in a position where I can make an impact as broad as you have.
Senior Auditor
Decatur, IL IIA Class – February 2016
844-514-8883
