Audit Report Writing for Internal Auditors

08-09 May, 2017, Hotel Istana

Register Now
PDF Brochure

IPA Training is Registered with

Learn from the Best

HARI RAMULU MUNUSAMY is a Business Financial Consultant cum Lecturer, with wide experience in public practice and in financial management & public sector accounting, auditing and taxation educational process, having been in the profession and industry since October 1976.

 

He started his career with Messrs F. H. Eiles & Co., a firm of Chartered Accountants in London as an Audit Assistant in October 1976. Subsequently, he continued his career as an Audit Supervisor with Messrs Coopers & Lybrand (now known as PricewaterhouseCoopers), Kuantan in May 1984. In January 1986 he joined Messrs Senthe & Co (a firm of Chartered Accountants in private practice in Petaling Jaya), as an Audit Manager, till December 2006. Over the years, he gained knowledge, experience, skills and expertise in accounting, auditing and taxation services including tax investigation, forensic accounting and company floatation.

 

Between 1993 and 2006, he had conducted seminars and courses in financial accounting, internal auditing, external auditing, and taxation to practitioners and general public. Notable and worthy of mention are: taxation seminars for Permodalan Nasional Berhad (PNB), auditing for FELDA, forensic accounting for ROYAL CUSTOMS MALAYSIA, and executive accounting and financial statements analysis course for Pahang ADUNs through Yayasan Pahang. He was the unofficial consultant to the State Secretary and Chief Minister of Pahang from 1997 to 2000.

 

He is deemed to be a prolific presenter with excellent commendations from participants. In 2008 he presented several seminars relating to taxation, costing, budgeting, financial statements analysis, accounting standards, preparation of financial statements, and forensic accounting. Professionally, he is a Fellow member of the Association of Chartered Certified Accountants of UK, a Chartered Accountant of the Malaysian Institute of Accountants, an Associate member of the Malaysian Institute of Taxation, a Chartered member of the Institute of Internal Auditors of Malaysia (affiliate of USA), and an Associate member of the Certified Fraud Examiners of USA. His academic qualifications are: Diploma in Accountancy (Newcastle-Upon-Tyne, England), and Master of Business Administration (Accounting) from University of Newcastle, USA.

Venue Details

Hotel Istana
73 Jalan Raja Chulan, 50200 Kuala Lumpur,
Phone : 03 2141 9988
Fax : 03 2144 0111

Click For Hotel Location

Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my


FOCUSING ON
  • Audit Reporting Defined
  • Best Practices In Creating Internal Audit Reports
  • What To Include And Not Include In Each Audit Report
  • Essential Sections Of Each Type Of Audit Report
  • How To Properly Document Credibility Determinations
  • Principles Of Clear And Concise Report Writing
  • How To Sift Through The Relevant Audit Evidence
  • Audit Report Writing Practise
OBJECTIVES

Writing an audit report is a fine art and, once perfected, can take on more importance than the audit itself. The audit is nearly complete and now it is time to write the report.

 

For most auditors this is the most tedious part of the audit process.

 

In this highly interactive workshop, you will learn how to eliminate the administrative burden of writing reports and produce reports that are easy to write, easy to read, and easy to understand.

WE WILL COVER “THE MAGNIFICENT SEVEN PRINCIPLES OF AUDIT REPORT WRITING”:
  1. Clear rankings of audit risks and issues within the audit context
  2. Separate the wheat from the chaff
  3. Know your audience
  4. Use a clear, consistent, understandable writing style
  5. Set the tone given the severity of finding
  6. Draw the reader into the report
  7. Add value by implementing positive change
AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Understanding how to organize audit reports.
  2. Being able to write with greater clarity.
  3. Learning how to present complex information simply for readers to comprehend.
  4. Understanding the importance of the purpose of report before they begin writing.
  5. Being able to recognize the needs of your audience.
  6. Learning how to use illustrations.
  7. Producing final drafts to make the “write” impression with your superiors.
WHO SHOULD ATTEND?
  • Managers and staff of internal audit and internal control departments, who want to optimize the process of internal auditor’s report preparation and to create well written reports that can be used to bring about positive change and improvements
  • Managers and staff who use internal auditor’s report in their work
METHODOLOGY

Interactive Lectures, Case Studies, Discussion

DAY 1
9:00 INTRODUCTION AND OVERVIEW
  • How Can I Write Better Audit Reports?
  • Audit Reports
  • Format, Organization and Content
  • Auditor Guidance
10:45 CONSTRUCTING THE AUDIT REPORT
  • Contents
  • Cover Page
  • Executive Summary
  • Observations/Issues
  • Appendices
1:00 Lunch

2:00

THE EXECUTIVE SUMMARY

  • Contents
  • Audit Objectives
  • Audit Scope
  • Opinion
  • Audit Rating
3:45 AUDIT OBSERVATIONS AND ISSUES
  • Observations / Issues
  • Criteria
  • Condition
  • Cause
  • Effect
  • Findings
5:00 End of Day 1
DAY 2
9:00 AUDIT RECOMMENDATIONS AND ACTION PLANS
 
10:45 AUDIT RATINGS AND REPORT FORMATS
  • Risk Ratings
  • Paragraph
  • Mapped
  • Table / Matrix
  • Bulleted
  • Specialized Reporting
1:00 Lunch

2:00 OPTIMIZING THE AUDIT REPORT
  • Clarity
  • Coherence
  • Conciseness
  • Voice
  • Presentation
3:45 AUDIT REPORT WRITING
  • Format
  • Structure
5:00 End of Course