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What an Audit Means to You: Working with the Auditors and Surviving an Audit (FINC8010)

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What an Audit Means to You: Working with the Auditors and Surviving an Audit

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.

Duration:

1 day

Level:

Intermediate

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.

Credits:

0.6 CEU's, 8 CPE's

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

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