GOV1935. Internal Control Over Compliance: Application

Track: 
Single Audit
Field of Study: 
Auditing (Governmental)
CPE Credit: 
2.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of auditing, accounting and/or compliance requirements for state and local government and/or not-for-profits. General experience auditing state and local governments and/or not-for-profits, including those engagements audited under GAGAS.

Tuesday, October 29, 2019
 
1:10PM-2:50PM

Building on the concepts learned in Session 31, this session will focus on the process of identifying effective internal control over compliance and how the auditor decides whether a control is designed and implemented effectively.

Learning objectives:
1. Identify control objectives for each compliance requirement.
2. Analyze compliance processes and controls within processes.
3. Recognize risks within processes ("what can go wrong" risks).
4. Determine whether controls have been placed into operation and are operating effectively.
5. Provide examples of each of the components of internal controls
5. Apply theory to various case scenarios.


SESSION SPEAKER(S)

CPA
Partner | Heinfeld, Meech & Co.
CPA
Deputy State Auditor | NC Office of the State Auditor