Mastering the Art of Assessing Audit Evidence: Best Practices and Strategies
Speaker: Jonnie Keith
Speaker Designation: Chief Audit Executive
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Speaker: Jonnie Keith
Speaker Designation: Chief Audit Executive
Assessing audit evidence is a crucial aspect of the auditing process that involves evaluating the information obtained during an audit to determine its reliability and relevance to the audit objectives.
The quality of audit evidence is influenced by factors such as its source, nature, and reliability. By effectively assessing audit evidence, auditors can provide reasonable assurance to stakeholders that the financial statements are free from material misstatement and comply with relevant accounting standards and regulations.
Audit evidence is information that auditors gather through observing processes, interviewing people, examining records, and researching and benchmarking information. It should provide a factual basis for audit opinions and conclusions relative to the audit objectives.
This webinar will help you to understand what to look at and how much to assess to achieve the audit objectives.
Every internal audit engagement aims to assess the adequacy and effectiveness of key management controls in the area under review. In order to do that, the auditor has to decide what evidence to review and how much is needed to achieve the audit objectives.
This Auditing Webinar will discuss the various types of evidence to be reviewed.
Attending the webinar on Assessing Audit Evidence can benefit you in several ways.
Here are some reasons why you should consider attending:
Overall, attending this webinar can help you enhance your audit skills, improve the quality of your audits, and stay updated with the latest industry standards. The webinar will help to boost your professional development and advance your career.
Some key areas that will be covered in the webinar on Assessing Audit Evidence:
Mr. Jonnie Keith has over 50 years of audit experience and served as the Chief Audit Executive for the Metropolitan Atlanta Rapid Transit Authority (MARTA) for 12 years before his retirement in 2012. His other audit experience includes serving as Operational Audit Manager for five years and was a Senior Auditor in the Contract Compliance Audit Branch at MARTA. He was also a Senior Auditor at Norfolk Southern Railway, and a Bank Examiner at the Federal Reserve Bank of Atlanta.
He has a degree in Economics from Clark Atlanta University. His certifications include Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), and Certified Government Auditing Professional (CGAP). Mr. Keith has been married over 50 years. He also co-authored a book with his wife on marriage entitled “Tied Together – The Marriage Trinity”. He has two daughters and five grand childrens.