The Audit Wizard
A training and consulting firm

Continuing Professional Education

Logical Auditing Changes in clients and their operations, in business relationships, in the marketplace, and in GAAS should lead to changes in what and how practitioners provide audit services.  Unfortunately, CPAs aren’t marketing or using these changes profitably because they use too many checklists and not enough thought. Some auditors are also stuck with traditional views of the audit process and have implemented the new GAAS on top of traditional auditing instead of in place of traditional auditing. However, there is an alternative.  A logical audit tied to your already extensive client knowledge will yield effective and efficient audit engagements.  If you are using a traditional approach in your practice, complicated risk assessment forms, and generic audit programs, we guarantee that we can show you how to achieve at least 20% increases in audit profitability in the first year your firm implements our approach. We have had one firm experience over a 50% increase in audit profitability in one year. This training is presented by Making Auditors Proficient, inc. (MAP). All of our trainers have extensive experience re-engineering audit practices throughout the United States.  Their structured approach combines efficiency assessments with training and implementation support. Available Courses: (To read what our clients have to say scroll to the end of this page) Currently available are: Logical Auditing for Businesses with Data Mining - 2 days Logical Government or NPO Auditing with Data Mining - 2 days Logical School District Auditing with Data Mining - 2 days Logical Auditing - 1 day How to Perform an A-133 Audit - 1 day LOGICAL AUDITING FOR BUSINESSES WITH DATA MINING - 2 days You will not find another course similar to this one.  It combines logical auditing, the new risk-based standards and IDEA training.  This is the best training available today.  It is also the most logical training available. In the past many have been trained in auditing and many have been trained in IDEA, but never before have you had training that not only does the above, but it also shows the Audit Management Team the power of IDEA.   We will show you how to perform the most effective and efficient audit possible! For in-house presentations we use your client's information and data to show you how to implement logical auditing and eliminate traditional audit tests that do not work thereby becoming a proficient auditor. We will also train a limited number of people how to use IDEA and the others will see the POWER of IDEA and where to use it. For public seminars we will use one of our client's information and data that has been sanitized to protect client confidentiality. But the data will be from an actual client. We can also train up to a dozen IDEA users in this seminar. To do this we will show you how to eliminate the checklist mentality and increase your realization on all audits. As if this were not enough we will also give you forms for risk assessing that will simplify this process so it makes sense. And there's even more, we will give you "risk-based" audit program guides. This course is designed for all levels of auditors. It will also meet the needs of other professionals in your firm who need A&A CPE to meet various requirements. This course will help auditors be more proficient (effective and efficient) in all situations. The course is designed to approach any audit from a logical perspective by evaluating the risk of material misstatements. Major Topics: Understanding the entity, Significant audit areas, Relevant assertions and their risk of material misstatement, Audit procedures responsive to risk, Data Extraction and Analysis, A case study implementation using one of your clients, and IDEA training for up to 8 people Objectives To help auditors be more proficient (effective and efficient) and to approach any audit from an audit risk perspective; to understand how Computer Assisted Audit Techniques (CAATs) can be utilized to increase your proficiency Designed for: Your entire firm Level: Intermediate Credits: 16 Area of Study: Accounting & Auditing LOGICAL AUDITING FOR GOVERNMENTS WITH DATA MINING - 2 days This is our newest offering.  It is very similar to the above course but it is specific to Governments. You will not find another course similar to this one.  It combines logical auditing, the new risk-based standards and IDEA training.  This is the best training available today.  It is also the most logical training available. In the past many have been trained in auditing and many have been trained in IDEA, but never before have you had training that not only does the above, but it also shows the Audit Management Team the power of IDEA.  We will show you how to perform the most effective and efficient audit possible! For in-house presentations we use your client's information and data to show you how to implement logical auditing and eliminate traditional audit tests that do not work thereby becoming a proficient auditor. We will also train a limited number of people how to use IDEA and the others will see the POWER of IDEA and where to use it. For public seminars we will use one of our client's information and data that has been sanitized to protect client confidentiality. But the data will be from an actual client. We can also train up to a dozen IDEA users in this seminar. To do this we will show you how to eliminate the checklist mentality and increase your realization on all audits. As if this were not enough we will also give you forms for risk assessing that will simplify this process so it makes sense. And there's even more, we will give you "risk-based" audit program guides. This course is designed for all levels of auditors and it is also designed to meet the Yellow Book 24/80 hour requirement. It will also meet the needs of other professionals in your firm who need A&A CPE to meet various requirements. This course will help auditors be more proficient (effective and efficient) in all situations. The course is designed to approach any audit from a logical perspective by evaluating the risk of material misstatements. Major Topics: Understanding the entity, Significant audit areas, Relevant assertions and their risk of material misstatement, Audit procedures responsive to risk, Data Extraction and Analysis, A case study implementation using one of your clients, and IDEA training for up to 8 people Objectives To help auditors be more proficient (effective and efficient) and to approach any audit from an audit risk perspective; to understand how Computer Assisted Audit Techniques (CAATs) can be utilized to increase your proficiency Designed for: Your entire firm Level: Intermediate Credits: 16 Area of Study: Accounting & Auditing LOGICAL AUDITING FOR SCHOOL DISTRICTS WITH DATA MINING - 2 days This is one of our newest offering.  It is very similar to the above course but it is specific to School Districts. You will not find another course similar to this one.  It combines logical auditing, the new risk-based standards and IDEA training.  This is the best training available today.  It is also the most logical training available. In the past many have been trained in auditing and many have been trained in IDEA, but never before have you had training that not only does the above, but it also shows the Audit Management Team the power of IDEA.  Not only that, in this program we may be able to actually use one of your clients for the training.  This will require extracting data from your client system for us to use during the training.  We will show you how to perform the most effective and efficient audit possible! For in-house presentations we use your client's information and data to show you how to implement logical auditing and eliminate traditional audit tests that do not work thereby becoming a proficient auditor. We will also train a limited number of people how to use IDEA and the others will see the POWER of IDEA and where to use it. For public seminars we will use one of our client's information and data that has been sanitized to protect client confidentiality. But the data will be from an actual client. We can also train up to a dozen IDEA users in this seminar. To do this we will show you how to eliminate the checklist mentality and increase your realization on all audits. As if this were not enough we will also give you forms for risk assessing that will simplify this process so it makes sense. And there's even more, we will give you "risk-based" audit program guides. This course is designed for all levels of auditors and it is also designed to meet the Yellow Book 24/80 hour requirement. It will also meet the needs of other professionals in your firm who need A&A CPE to meet various requirements. This course will help auditors be more proficient (effective and efficient) in all situations. The course is designed to approach any audit from a logical perspective by evaluating the risk of material misstatements. Major Topics: Understanding the entity, Significant audit areas, Relevant assertions and their risk of material misstatement, Audit procedures responsive to risk, Data Extraction and Analysis, A case study implementation using one of your clients, and IDEA training for up to 8 people Objectives To help auditors be more proficient (effective and efficient) and to approach any audit from an audit risk perspective; to understand how Computer Assisted Audit Techniques (CAATs) can be utilized to increase your proficiency Designed for: Your entire firm Level: Intermediate Credits: 16 Area of Study: Accounting & Auditing   LOGICAL AUDITING - 1 day (This course can be general, for businesses, for governments, for NPO's, etc.) Auditing financial statements and implementing the new "risk based" audit standards doesn't have to be a losing battle and/or result in write downs. Instead, learn how to win the war using effective and efficient audit tools and techniques. Start by reviewing live examples to learn what types of risk exist in financial statements. Then move forward as you discover where to look and how to design appropriate tests for proficiently auditing financial statements and discovering material misstatements if they exist. Learn a logical audit approach as you find out how to address specific risks. The materials also cover where to use data extraction and analysis software to be more efficient. For in-house presentations we will use one of your clients as an example and case study to show you how to implement logical auditing and eliminate traditional audit tests that do not work thereby becoming a proficient auditor. We will also show you the POWER of IDEA and where to use it. For public seminars we will use one of our clients for the case study. To do this we will show you how to eliminate the checklist mentality and increase your realization on all audits. As if this were not enough we will also give you forms for risk assessing that will simplify this process so it makes sense. And there's even more, we will give you "risk-based" audit program guides. Major Topics Understanding the entity, Significant audit areas, Relevant assertions and their risk of material misstatement, Audit procedures responsive to risk, Data Extraction and Analysis, and Case study. Objectives To help auditors be more proficient (effective and efficient) and to approach any audit from an audit risk perspective; to understand how Computer Assisted Audit Techniques (CAATs) can be utilized to increase your proficiency Designed for: Your entire firm Level: Intermediate Credits: 8 Area of Study: Accounting & Auditing and it can be qualified for Yellow Book 24/80 HOW TO PERFORM AN A-133 AUDIT - 1 day Performing A-133 audits and implementing the new "Risk-Based" audit standards should not be a losing battle and/or result in write downs. Instead, learn how to win the war using effective and efficient audit tools and techniques. Start by reviewing live examples to learn what types of risk exists in A-133 audits. Then move forward as you discover where to look and how to design appropriate tests for proficiently auditing major programs and discovering if misstatements exist. Major Subjects Pre-engagement activities and how to bid A-133 audits Planning A-133 audits  Federal awards Determining the major programs How to properly use the Compliance Supplement How to proficiently perform an A-133 audit When to use data mining to assist in performing an A-133 audit Objectives This course will help auditors be more proficient (effective and efficient) in performing A-133 audits. The course will show you what must be done in a single audit to avoid Federal Quality Reviews and when to use Computer Assisted Audit Techniques (CAATs) to increase your proficiency. Designed for: Your entire firm Level: Intermediate Credits: 8 hours Yellow Book qualified Area of Study: Accounting & Auditing   OTHER CPE In addition to regular audits (e.g. manufacturing, retail, etc.) we have expertise in the following specialized industries and areas: A-133 Single Audits, Colleges and Universities, Construction, Local Government Units, and Non Profit Organizations.  We can design courses in any of these areas. CLIENT SEMINARS: We are also available to assist you with seminars for your clients. This is a great practice development tool, and our clients who have used this technique have been very successful in this area.

WHAT OUR CLIENTS ARE SAYING (Actual letters with names and phone numbers are available upon request) Dear Bill: Our firm has been using IDEA since 2008 and we recognize the significant impact it has had on our approach to auditing. We are fortunate to have an accounting staff who joined our firm as an IDEA champion. The program is extremely powerful and her experience and knowledge has been critical in our commitment to use IDEA whenever we can. We’ve been using IDEA primarily with the audits of our larger nonprofit clients. The seminar that you and Paul Hoshall did for us was important in introducing us to IDEA. Your demonstration, which included using the general ledger and payroll records of one of our clients, was excellent in showing us the program’s capabilities, plus we did some real-life auditing! We’ve learned that ongoing IDEA training is absolutely necessary in order to use the program efficiently and effectively. If a firm is going to use IDEA, they must commit to it 100% and training is essential. Feel free to give my name to anyone who would like a reference. Best regards, SM Dear Bill, The seminars that you have done for us and especially the ones with you, Carol Ursell, and Teresa Kilpatrick have been very instrumental in our use of IDEA and becoming much more effective and efficient. We started off using it in School Districts where we realized great time reductions. Since then we have expanded it to all our audits and each time we use it we become more effective and efficient. IDEA is a great tool.  We had it for several years prior to your training, but we were only using it for sampling and we didn't see the value of it until your first training with Teresa. We believe that your training was the missing link. Thanks a lot and please feel free to give my name to anyone who wants a reference. I highly recommend your method of training and the use of IDEA. LH Dear Bill, I just wanted to let you know how successfully we have been using IDEA as a result of all your great training. As you know, after your first logic based audit training we reduced time on all our school district audits by 30-35%. Then, a few years later, you had Teresa Kilpatrick come out and show us how to use the full capabilities of IDEA in our school district audits. Once again we realized a significant time savings and at the same time we feel that our audits are much more effective and that we are doing a better job with our analytical reviews. IDEA helps us learn more about our clients than we ever knew when we were testing transactions and thinking that we were performing substantive tests. We are now using IDEA in more and more audits outside the school districts and in every case we have seen not only a substantial reduction in time, but as stated above we are being more effective. Thanks Bill and tell any of your prospective clients to feel free to contact me. KW