What it Takes to be an Effective Auditor-In-Charge

There is more than meets the eye when it comes to being an auditor-in-charge.

Leading an audit team not only requires a great deal of knowledge, it also requires dedication, efficiency, and effective leadership skills. Audit leaders today need to know how to run a team properly so that every project runs smoothly. In other words, they need the skills to lead with confidence because the Auditor-In-Charge (AIC) has a lot of responsibilities such as:

• They must provide directions to the audit team
• Assessing the quality of the work of the audit team
• Providing ongoing communication to audit management and audit clients
• Developing the draft report
• Preparing for the exit conference
• Assessing the performance of the audit team
   

All these functions have to be carried out in addition to nearly innumerable other minor activities. Since the AIC is the one finally responsible for the success or otherwise of an audit; everything depends on how efficiently, smartly and diligently the AIC carries out those functions.

Want to understand the ways by which this can be done effectively? Attend the webinar to get a proper understanding of the responsibilities of the AIC and the skills needed to execute them.

The role of the Auditor-In-Charge (AIC) in the organization is an unenviable one. It comes with numerous responsibilities. The success of an audit engagement will often depend on how well the AIC carries out those functions.  There are certain skills and attributes an AIC must master to successfully lead an audit engagement. They must understand the key audit standards to grasp the responsibilities required to get the job done. This webinar will help you understand the skills needed and the responsibilities of the AIC.

• Gaining an understanding of the key skills and attributes needed for the Auditor-In-Charge
• Gaining an understanding of the key responsibilities of the Auditor-In-Charge
• Gaining an understanding of the IIA standards relative to the Auditor-In-Charge.
• To review the skills assessment tool that has been provided to evaluate your AIC skills.

Audit Standards Relative to the Auditor-In-Charge

• IIA Standards
• GAGAS Standards

Auditor-In-Charge Skills and Attributes

• Audit Knowledge
• Communication Skills
• Organizational Skills
• Interpersonal Skills 
• Leadership Skills
• Audit Skill Assessment Tool

Auditor-In-Charge Responsibilities

• Conduct Pre-Audit Administrative Duties
• Conduct Preliminary Survey
• Develop audit objectives
• Determine the audit scope
• Conduct an Entrance Conference
• Supervise Fieldwork
• Review Work paper 
• Write Draft Audit Report
• Conduct Exit Conference
• Wrap Up
• Follow Up

• Staff Auditors
• Government Auditors
• Compliance Auditors
• Internal Control Specialists
• Public Accountants
• Accounting Analysts
• Business Analysts
• Certified Public Accountant (CPA)
• Chartered Professional Accountant
• Fraud & Forensic Auditor
• Staff of Accounting Firm
• Quality Control Specialists