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Coursera

Conducting the Assurance Engagement

via Coursera

Overview

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This course provides new and developing internal audit professionals with a foundation in conducting assurance engagements, which involves the objective assessment of evidence to provide confidence about an organization’s governance, risk management, and control processes. Participants will explore the key steps for planning and performing a controls-focused assurance engagement, including evaluating evidence and developing conclusions.

Syllabus

  • Determine Engagement Scope and Objectives
    • An assurance engagement is an objective examination of evidence to provide an independent assessment on an organization's governance, risk management, and control processes, allowing for a conclusion to be reached regarding the reliability and suitability of a subject matter against established criteria, thereby enhancing the confidence of intended users in that information; essentially, it is a review process designed to verify the effectiveness of controls and provide a level of assurance regarding their reliability. This course outlines the steps required to conduct a controls-focused assurance engagement. You will learn the key steps for planning and performing the assurance engagement.
  • Understanding the Activity Under Review
  • Identifying and Assessing Risks
  • Identifying Key Controls
  • Evaluating the Adequacy of Control Design
  • Creating a Test Plan
  • Developing a Work Program
  • Allocating Resources to the Engagement
  • Performing Phase

Taught by

Sherry Bauerschmidt

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