Auditor In-Charge Training

Course Outline

I.  Risk

• Definition of Risk
• Risk Concepts
• Red Flags of Business Risk
• Audit’s Role in Risk Assessment

II.  Internal Audit Overview

• Audit Process

III. Business Analysis

• Business Analysis Overview
• Audit Announcement/Initial Client Communication
• Self-Disclosed Issues
• Identifying Business Processes
• Identifying Sub-Processes
• Business Analysis Exercise
• Flowcharting
• Project Management/Budget
• Audit Scope

IV. Risk Assessment 

• Risk Assessment Process
• Identifying Risks & Controls
• Assessing Risk Significance - Probability & Impact
• Assessing Control Adequacy
• Residual Risks
• Risk Tolerance
• Risk Assessment Exercise
• Engagement Letter
• Audit Program Development
• Staff Assignments

 V. Assertiveness

• Assertiveness Skills
• Interviewing Skills

Bill spent 18 years managing the Learning & Development (L&D) function for Wells Fargo Audit & Security, and is based in Minneapolis.  He is a CPA and CIA with a bachelor’s degree in Accounting and a master’s degree in Finance.  He is also a member of the Institute of Internal Auditors (IIA) and American Society for Training & Development (ASTD).  He spent four years as an Audit Specialist supervising audit projects prior to moving into the L&D position.  Prior to that, he worked for First Bank System and Deloitte and Touche.

Bill was responsible for teaching the core curriculum classes (New Hire Orientation, Auditor In-Charge Training, CIA Exam Review, Effective Writing, Situational Leadership, and Leadership 101) to Wells Fargo’s Audit staff.  He was also responsible for developing and delivering virtual training related to audit topics, and managing Audit & Security University at Wells Fargo.

Bill has taught seminars outside of Wells Fargo for the IIA and MIS Training Institute (MISTI). He is a certified IIA and Ken Blanchard Companies instructor.  Bill delivers the following audit, business writing, and leadership seminars which can be tailored to meet your organization’s needs.