(Communicating audit results to management for positive results) The audit report communicates the results of the audit work. For that reason alone it is perhaps one of the most important parts of the audit process. It is important because it is what the departments and senior management see, and in some cases may be the only product of our work that management receives. If written and communicated well, it can act as a positive change agent prompting management to take corrective action. The reverse is true but you don’t want to have that. This is a 3-day program that will change your attitude about audit reporting and equip you to make an impact with your reporting.

1. Audit Reporting with Impact
Getting your message across to management with positive results
Empowering corporate governance audit, compliance and control professionals
Course Description:
The audit report communicates the results of the audit work. For that reason alone it is perhaps one of the most important parts of the audit process. It is
important because it is what the departments and senior management see, and in some cases may be the only product of our work that management receives.
If written and communicated well, it can act as a positive change agent prompting management to take corrective action. The reverse is true but you don’t want
to have that. This is a 3-day program that will change your attitude about audit reporting and equip you to make an impact with your reporting.
Course Objectives:
After going through this program, you will be able to:
 Appreciate the need for professionalism in audit reporting;
 Understand the principles governing audit reporting;
 Appreciate the importance of the executive summary and know how to write one;
 Develop issues into full blown findings; and
 Optimize audit reports through the audit review process
Course Profile:
9
1. Internal Audit Communications
 The truth about audit reports
 Professional Standards
2. Audit Reporting Principles
 The process of reporting
 Knowledge of subject matter
 Knowledge of Grammar!!!!
 The 5 Cs of Audit reports
3. Constructing the Report
 Cover page
 Monitoring data
 Executive summary
 Main body of report
4. The Executive Summary
 Introduction and Background
 Audit Objectives and Scope
 Audit Opinions and Ratings
 IIA Conformance Statement
5. From Issues to Findings
 Establishing Criteria
 Stating the Condition
 Issues v Observations
 The role of evidence
 Determining the Cause
 Assessing the Consequence
 Determining the Corrective Action
6. Feedback and Action Plans
 Management response
 Management action plans
 Audit follow-up
7. Reviewing and Optimizing Reports
 The 3 levels of Review
 Optimizing for quality
8. Some Tips on Audit Reporting
 10 ways to ruin the audit report
 5 strategies for timely reporting
Target Audience: Practicing Internal Auditors. Venue: Sunlodge Hotel, Tesano
Program Fee: GHC 1200 (VAT exclusive), covers 2 snacks, lunch, course handouts and sample audit tools and templates; plus certificate of completion.