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Auditing for Emerging Business Needs
Learn how internal auditors can fulfill emerging business needs and adapt themselves to new business frameworks, standards, and technologiesPreview the first lesson free — get full access to all 5 lessons.
Advanced Provider : Silvina Asurmendi 5 Lessons · 14m in German, English, Spanish, French, Portuguese, Chinese
Course Description
As new ways of doing business emerge and organizations are digitally transformed, internal auditors update their strategies alongside these new frameworks and technologies. Some of the new technologies can directly benefit auditors and increase the effectiveness of internal controls. We also know that data and technology risks are a growing concern in the auditing sphere, but to combat this, we can maximize our knowledge base and use these tools to our advantage. Some audits are routine, and others are a response to interruptions and concerns that develop during the course of running the business.
In this Auditing for Emerging Business Needs course, you’ll learn about how executives and internal auditors maintain their understanding of new business frameworks, standards, and technologies. We’ll also learn how to handle cash audits and how to perform financial auditing for project management. This can ensure that cash accounts are managed and reviewed appropriately, and that projects are estimated accurately.
What You'll Learn
- Understand the project management framework used in auditing
- Identify how auditors assess controls
- Review the cash audit cycle
- Perform financial auditing for project management
- Explore how finance teams and technology affect auditing
Key Takeaways
- Internal auditors update their strategies alongside new business frameworks and technologies as organizations are digitally transformed.
- Some new technologies can directly benefit auditors and increase the effectiveness of internal controls.
- Data and technology risks are a growing concern in auditing, which can be addressed by expanding knowledge and using these tools to advantage.
- Some audits are routine while others respond to interruptions and concerns that develop during the course of running the business.
- Handling cash audits and financial auditing for project management helps ensure cash accounts are managed and reviewed appropriately and projects are estimated accurately.
Frequently Asked Questions
What will this course teach me about auditing?
It covers how executives and internal auditors maintain their understanding of new business frameworks, standards, and technologies, how to handle cash audits, and how to perform financial auditing for project management.
What topics are included in the lessons?
The lessons include an Introduction, Auditing Cash, Finance Teams and Technology's Effect on Auditing, Financial Auditing for Project Management, and a Test Your Knowledge section.
What skills does this course help develop?
It addresses skills including Agile Auditing, Audit Management, Auditing, Financial Auditing, Internal Auditing, and Management Auditing.
Why does this course focus on emerging business needs?
Because as new ways of doing business emerge and organizations are digitally transformed, internal auditors must update their strategies alongside these new frameworks and technologies.
