Every professional faces situations and scenarios where they feel their independence and objectivity related to an issue is impaired. They may feel pressured by management to minimize their report findings or, in some cases, look the other way. When these situations occur professionals are faced with the dilemma of "what do I do?" or "how do I handle this situation?". These are the types of scenarios for which our university programs and business schools do not adequately prepare us. Experience can often be a good teacher. However, all individuals should be armed with some basic concepts that will prepare them to choose the right path when such difficult situations occur.
This course is designed to prepare professionals for those difficult situations by sharing key concepts to maintaining objectivity. After completing this course, you should understand how to ensure your work can be represented as independent and objective, and ultimately provide the greatest risk mitigation to your company.
Prerequisites
No Advanced Preparation or Prerequisites are needed for this course.
Learning Objective
- Explore the requirements of professional skepticism
- Explore the rules defining independent roles
- Identify the difference between legality and ethics
- Explore the top five techniques to execute independence
- Explore the top five techniques to assist when employing objectivity
- Recognize what to do when management challenges you
Last updated/reviewed: March 4, 2024
(57) Reviews
(39 rating)
I like to read the slide decks in the pdf format. The pdfs for this course were not sufficient to learn the content.
Very interesting course! The instructor kept the discussion interesting with personal experiences.
Really useful webinar. I will try and put into actions some of the behaviors identified
When preparing for an Internal Control Certificate, it's essential to choose resources that align with the specific certification or credential you are pursuing and to dedicate sufficient time to study and practice. I would recommend this course.
The excitement of the content combined with the enthusiasm and insight of Mr. Wasny make this course, along with those he presents on AI, the most inspiring and motivational I've experienced on this platform.
Lynn Fountain's lessons are consistently thorough and give thought-provoking examples. I particularly appreciated that what to do and what not to do actions were presented with the different types of difficult personalities throughout this course.
Mr. Ringstrom is an excellent instructor; I like that he goes through the PowerPoint and then shows it live in Excel. I will be back for more courses.
Excellent course on some basics of Strategic Management. Nice intro for newcomers in the workforce who have not grasped the importance of strategic placement in the market.
Good information that should be revisited frequently.
This class offered many helpful tips and formulas for budget preparation and general Excel maximization.
Great! Thank you for another useful and interesting course. Awesome summary.
"How should the control environment be viewed by organizations?" <--Based on the expected answer, this question is written extremely poorly & is misleading.
The course was adequate but suggest you relook at the questions. The use of not in the questions is very confusing even for the most experienced person. Also your question in the final exam on incentives is poorly worded
Your courses have all been so wonderful, so informational, and so thorough--in short, greatly appreciated by me! Thank you for sharing your expertise, your wealth of knowledge, your inclusion of examples! I have greatly enjoyed reading and listening to all of your lectures thus far.
Great class- one of the better ones! As someone who has a published book, I can attest to the importance of editing.
The course offers great suggestions for how a 1:1 meeting can contribute to career building success.
Good review course. This was a solid refresher for something I have been away from for some time.
Recommended for anyone who needs a refresher on auditing or anyone who is about to go through an audit!
good review, nice to be back to this online trainings
Impressive course and great refresher. I especially like the pdf summaries that are provided as a point of reference.
The course is great for refreshing the skills in Pivot Tables. It is very informative and detailed. The presenter discusses the topic in a step-by-step procedure making it very clear and easy to understand.
This course was a refresher. It is very informative and covers all the key components of the Internal Audit function at a very detailed level. I think this course is crucial for people with 1-4 years of experience, but overall everyone needs to take this course.
Good course, sounded like the instructor was playing with the microphone most of the time.
This course contains a lot of information on approaches to process documentation, and advantages and disadvantages to each type.
Overall the course had some good pointers on how to become more self aware in the work place however, there was a lot of background noise and static throughout the course. At times it was difficult to hear the instructor or hard to concentrate.
helpful to improve close timing. good insights on benefits of closing the books quicker.
This course is a great introduction for Macro novices like myself. Notes from this course will serve as valuable reference material as I move on to more Macro classes.
Good overview of whistle-blowing and the statistics included in the pdf are good to see.
The instructor is interesting, precise and clear with her message.
This course does well at explaining keys to maintaining independence and objectivity as an auditor.
Proper Documentation Methods for Internal Audit and Internal Controls Processes is a very good course designed to emphasize the importance of documentation in the world today. It introduces different methods for properly documenting information while providing pros/cons to each.
This course should be required viewing by anyone involved in risk or assurance functions!
This course is very helpfull and effective. I think it is a good start.
This is an interesting and complex topic. I would have liked to see a longer, more indepth session.
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Course provides very good information related to the difference between general controls and application controls.
Great information! Easy to understand and overall meaningful content....
Hits on all the basics! Good refresher course.
na
Slides very helpful. Information very thorough.
Good use of situations and examples to relate the course material to.
Very comprehensive and extremely thorough.
Perfect certification
Nice
Clear and concise - great examples provided. A great course for any experienced auditor.
deilvery quality needs to be improved
Questions are vague
Excellent course
Good material, boring delivery. It was hard not to fall asleep.
Excellent overview about risks and things to look into.
Great course!
Good overview...
The examples helped to confirm understanding of the material presented.
The course was very comprehensive and easy to grasp.
Bullet points - not the entire conversation or presentation - Please!!!!
l like learn about this course and subject We will follow full courses for an intense love thank you very much
The course was excellent. It met my expectations.
Lesson Questions and Answers0 Questions
INTRODUCTION AND OVERVIEW
OBJECTIVITY VS. INDEPENDENCE
INDEPENDENCE
OBJECTIVITY
- How Objective Are You? 5:24
- Objectivity Actions 13:22
CONCLUSION
- Course Summary 4:15
CONTINUOUS PLAY
SUPPORTING MATERIALS
- Slides: Maintaining Objectivity and Professional Skepticism PDF
- Maintaining Objectivity and Professional Skepticism Glossary/Index PDF
REVIEW and TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
Ask the instructor a question about this lesson