NGO Audit planning

Experience has shown that there are significant weaknesses in the audit approach used by many firms, regardless of firm size and the type of audit methodology.  These weaknesses mean that an audit has a high probability of failing to identify very material errors, especially those arising from fraud.  Furthermore, these audits would be virtually impossible to defend if a client took legal action against the firm.  Such audit failings almost invariably arise from poor audit planning.  If the audit is wrongly planned, it will never obtain sufficient appropriate evidence to support the audit opinion.  This Empacta-members-only session aims to help auditors to:

• tailor their audit methodology and avoid the trap created by inadequate planning;
• perform audits with a much higher probability of identifying material frauds
• gain credibility with donors by being the first to identify frauds
• perform an audit that can be defended if necessary

Our speaker, Mr. David Wortham has worked with and trained hundreds of auditors that work with the NGO sector.  He has also performed cold file reviews of NGO audits performed by firms of all types and sizes.

Join this session to find out how to reach audit planning excellence!