engagement Effectively and efficiently gain an understanding of internal controls Facilitate planning meetings Facilitate the development and customization of further audit procedures... Procedures and Tests of Controls 2.5 Credits (Auditing) Determine when and how to design tests of operating effectiveness of internal controls List methods available to test controls... (Communicating Internal Control Matters) List five resources that generate insightful management letter comments Use a three-component model to draft control deficiencies...

of the audit plan List basic requirements of risk assessment procedures Discuss the objectives and contents of the key planning forms Introduction to Internal Controls & Analytical... Procedures 4 Credits (Auditing) Describe the key components of internal controls and list the auditors' responsibilities related to controls Describe requirements and best practices... for understanding, documenting and testing internal controls Understand the purpose and role of analytical procedures in audits and reviews Identify the key steps in performing...

focuses on ways for staff and senior accountants to significantly participate in the risk assessment procedures, including efforts surrounding internal controls. In addition..., including internal controls Begin to better identify risks of material misstatement using an understanding of the entity and its environment, including internal controls Participate... the two types of comments provided to management, including defining the three levels of control deficiencies and the required communications Recognize issues that require comment...

, including internal controls Assess risks of material misstatement at the overall and assertion level Facilitate an engagement team emeting Design sufficient and appropriate audit... the risk assessment procedures and making appropriate risk assessments. The session includes case study work on understanding, evaluating, and verifying a client's activity level controls...