Professional Documents
Culture Documents
26-1
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26-3
1
Explain the role of internal auditors in
financial auditing.
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26-5
Safeguarding
assets
Ensuring
compliance
26-6
Integrity
Confidentiality
Ethical
Principles
Competency
Objectivity
26-7
Integrity
Confidentiality
Rules
of
Conduct
Competency
Objectivity
26-8
2
Describe the auditing and reporting
requirements under Government Auditing
Standards and the Single Audit Act
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26-11
26-12
Materiality
and
significance
26-13
Quality
Control
Compliance
auditing
Reporting
26-14
Legal
Compliance
Reporting Requirements
An opinion on
Statements
in accordance
with GAAP
Schedule of
federal awards
A report on
Internal
controls
26-15
Legal
Compliance
Findings and
Questioned
costs
3
Distinguish operational auditing from financial
auditing.
26-16
26-17
4
Provide an overview of operational audits.
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26-19
Inefficiency
Example
A duplication of effort
by employees exists
26-20
Inefficiency
Example
26-21
26-22
Functional
Organizational
Special
assignments
26-23
Internal
auditors
Government
auditors
CPA firms
26-24
Competence
26-25
Independence
5
Plan and perform an operational audit.
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Planning
Staffing
Scope
Controls
26-28
Evidence
gathering and
evaluation
Eight types
Documentation
Reporting
and
follow-up
Scope
Findings
Recommendations
26-29
Copyright