Audit Bootcamp Workshop

This course tests how ‘fit’ your audit process is by exploring the elements of the audit risk model. Confirm you have got the core elements of your planning process correct and avoid the common pitfalls in order to maximise the results for your audit effort – because failing to plan is planning to fail.
This event is now over, however we are keen to respond to our member’s needs and continue to provide you with up-to-date and relevant education. 

If you are would like to take part in this event in the future, please click the register now button to be added to our waitlist. Once we have finalised options to host additional sessions for this workshop, we will be in touch to provide you with further information and confirm your booking.

In this course we will explore your ‘audit fitness’ by addressing the elements of the audit risk model (including the impact of changes to ASA 315), and their importance in auditing smarter not harder. Discover how to introduce efficiency and effectiveness into the audit process by getting the ABCs correct via the use of smart analytical procedures, statistical sampling and an optimised control environment. We will discuss the options available to you and perform hands-on case studies.

The audit risk model teamed with smart planning procedures affords you the opportunity to reduce audit risk without increasing your workload. Discover that failing to plan is planning to fail! Learn where many auditors get it wrong, how legacy thinking weighs us down and learn how efficient and effective analytical procedures, internal controls tests and sampling procedures enable you to get maximum results for your audit efforts.
On successful completion of this activity, participants should be able to:
Explain the audit risk model (including the impact of changes to ASA 315). 
Recognise how changes in the audit risk model impact upon related testing and sample sizes.
Understand how world class audit teams gain vast audit efficiencies while also improving effectiveness.
Distinguish between differing types of audit evidence and their associated costs. 
Comply with promulgated audit standards for planning, risk assessment, analytical procedures and sampling.
Introduce efficiency and effectiveness into the audit process via analytical procedures, statistical sampling, and optimised internal controls.
Form reliable and defendable audit conclusions.
Amanda Wall, Audit Smarter Not Harder

Amanda has worked on both sides of the ‘audit fence’, in both external and internal audit. Amanda began her career as an auditor with the Queensland Audit Office and after nine years in the field of external audit, transitioned to the field of internal audit. With 12 years of practical experience in the field of audit plus seven years of experience in delivering professional development, Amanda now passionately promotes techniques helping others to ‘work smarter, not harder’.


Topic: Audit & Assurance

Sub-Topic: Building Knowledge, Financial Statement Audit, Internal Audit, Sharing Knowledge, Solve Problems

Format: Virtual Classroom

Proficiency Level: Intermediate, Advanced

CPD: Upto 6.5 hours