The Audit Wizard
A training and consulting firm


RE-ENGINEERING ENGAGEMENTS

Let Us Assist You

If you are tired of write downs and low realization on audits, we have just what you need. Our program will show you where you are over auditing and where you are under auditing. Yes, you will be amazed to learn where you are under auditing. Using our logic-based audit approach you will become a proficient audit firm.

Auditing financial statements and implementing new 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 logic-based audit approach as you find out how to use the Audit Risk Pyramid© for addressing specific risks, Computer Assisted Audit Techniques (CAATs) for performing analytics during the entire year, and analytic software for solving common issues that can get auditors into trouble.

 


Logic-Based Auditing:

The next step is to show you the changes needed. We can assist you in: redefining the starting point for the audit, the thought process that should be used in assessing audit risk, constructing standards-compliant working papers, and leveraging client knowledge.  We look forward to making your auditors more proficient and your practice more profitable.

Here’s how it works:

· We evaluate your audit files

· Optional – we provide compliance with your firm’s inspection requirements

· We customize a day of training (see CPE connector on HOME PAGE) to attack the inefficiencies found

· We assist you with pre-audit planning meetings

· We provide on-going support

· We can assist in the development of Firm tailored forms

· Annual re-assessments and training

 

 

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Phone: (352) 267-4304