In this course, we discuss risks and controls and introduce the RAAS terminology associated with risks. We then discuss how to identify controls, how to perform walkthroughs, and how to create flowcharts.
Next, we cover key considerations when creating an audit program and go through two examples for a Port Operations audit. Lastly, we discuss the RAAS workpaper documentation standards and the RAAS leadsheet template for fieldwork.
Prerequisites
No Advanced Preparation or Prerequisites are needed for this course.
Learning Objective
- Explore risks & controls
- Identify controls and perform walkthroughs
- Explore how to build an effective audit program
- Discover RAAS workpaper documentation standards
Last updated/reviewed: March 28, 2024
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Leslie Rabinowitz
Director
INTRODUCTION and OVERVIEW
- Risks & Controls 7:28
- Performing Walkthroughts 12:37
- Creating Flowcharts 4:47
- Creating Test Steps 12:10
- Workpaper Documentation 6:59
CONTINUOUS PLAY
REVIEW & TEST
- FINAL EXAM exam
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