auditing theories
AUDIT
PRINCIPALS
NERC Auditor Training
Introduction to Audit Principles and
Techniques
Regional Entity Management Group
1
REMG Compliance Auditor Training
NERC Reliability Organizations desire to introduce their existing compliance staff to the foundation of audit theory and techniques and its practical application to their compliance and enforcement audits. This course consists of a general auditor training program to meet this goal.
The training curriculum was developed in conjunction with
Regional Entity staff personnel . Virchow and Krause was contracted to help develop the training leveraging its experiences in audits.
The class participants will be introduced to audit theory, governmental auditing requirements (required under the
FERC Order 693), tools for project management, team and auditee management, workpaper documentation, interview techniques and other tools needed to conduct an effective and efficient audit and one that will stand up to the rigor of potential regulatory requirements and challenges.
Regional Entity Management Group
2
Please Remember…
• This is not technical training. There are “hard” and “soft” skills to auditing
• This course is focused on auditing skill building and is based on years of auditing knowledge. • ALL auditing follow the same basic principles.
We ALL need to think like auditors.
• Discussion is welcomed – especially on how to apply standard practices to NERC compliance audits • Training materials are under development, so your feedback is very much appreciated!
• Trainers assume that you have read the CMEP
Regional Entity Management Group
3
AGENDA
10.00
Introductions/Course Overview
All
10.30
Module 1 - Conceptual Framework
Russ Hissom
Dan Skaar
11.15
Module 2 – Audit Process and
Planning
12.00
Lunch
1:00
Module 3 – Managing Relations
1:30
Russ Hissom
Module 4 – Audit Documentation and
Evidence (and RSAW Breakout)
PRINCIPALS
NERC Auditor Training
Introduction to Audit Principles and
Techniques
Regional Entity Management Group
1
REMG Compliance Auditor Training
NERC Reliability Organizations desire to introduce their existing compliance staff to the foundation of audit theory and techniques and its practical application to their compliance and enforcement audits. This course consists of a general auditor training program to meet this goal.
The training curriculum was developed in conjunction with
Regional Entity staff personnel . Virchow and Krause was contracted to help develop the training leveraging its experiences in audits.
The class participants will be introduced to audit theory, governmental auditing requirements (required under the
FERC Order 693), tools for project management, team and auditee management, workpaper documentation, interview techniques and other tools needed to conduct an effective and efficient audit and one that will stand up to the rigor of potential regulatory requirements and challenges.
Regional Entity Management Group
2
Please Remember…
• This is not technical training. There are “hard” and “soft” skills to auditing
• This course is focused on auditing skill building and is based on years of auditing knowledge. • ALL auditing follow the same basic principles.
We ALL need to think like auditors.
• Discussion is welcomed – especially on how to apply standard practices to NERC compliance audits • Training materials are under development, so your feedback is very much appreciated!
• Trainers assume that you have read the CMEP
Regional Entity Management Group
3
AGENDA
10.00
Introductions/Course Overview
All
10.30
Module 1 - Conceptual Framework
Russ Hissom
Dan Skaar
11.15
Module 2 – Audit Process and
Planning
12.00
Lunch
1:00
Module 3 – Managing Relations
1:30
Russ Hissom
Module 4 – Audit Documentation and
Evidence (and RSAW Breakout)