Description:
Most government managers, programs, contract officers and grant managers will be subject to an audit either required by law, requested by stakeholders or selected by an audit oversight organization. Audits are part of the internal control process to ensure accountability in the use of public funds and promote economy, efficiency, effectiveness, and integrity of government operations. Prepare for and survive an audit for a positive outcome by understanding how audits work, what auditors do, your role in the audit process in providing necessary records and reports; and in responding to results of the audit. This is a must-have one-day seminar for meeting legal, regulatory, policy and process requirements of audits.
Who Should Attend?
All federal, state and local government program managers, action officials, grants managers, contract officers, CFOs, and non-government officials accountable for administration of government funds and audit resolution.
Level:
Intermediate, Advanced
Tuition:
$579.00
Credits:
8.0 CPE
Class Type:
This course is currently being offered in the following training modalities:
- Online
- Virtual Instructor-Led - FINC8010A
- Class Length: This class is listed as a 1-day course.
- Virtual Instructor-Led - FINC8010A
- In-Person Classroom
- What an Audit Means to You: Working with the Auditors and Surviving an Audit - FINC8010D
- Class Length: This class is listed as a 2-day course.
- For in-person training sessions, participants are required to download the course materials to a personal device (e.g., laptop or tablet) and bring their device to class for use during classroom instruction.
- What an Audit Means to You: Working with the Auditors and Surviving an Audit - FINC8010D
- On-site
Learning Outcomes:
- Gain an overview of the Government Auditing Standards
- Understand Authority, Responsibility and Duties of Inspectors General – The IG Act
- Knowledge of Steps in the Audit Process
- Understand Standards and roles for Internal Control – The GAO Green Book
- Understand the differences between the types of audits
- Understand the process, roles and responsibilities of Audit Resolution and Follow-up
Course Outline
Module 1
- Overview of the Government Auditing Standards
Module 2
- Authority, Responsibility and Duties of Inspectors General – The IG Act
Module 3
- Steps in the Audit Process
Module 4
- Standards for Internal Control – The GAO Green Book
Module 5
- Types of Audits • Performance Audit • Grant Audits/Contract Audits • CFO Financial Statement Audits
Module 6
- Audit Resolution and Follow-up
