Internal auditors for companies, not-for-profits, and governments are facing new risks and areas of concern. From changing accounting standards, inflation, rising interest rates, workforce issues, COVID issues, regulatory issues, crime issues, supply chain issues, IT security and financial risk issues. What should internal auditors be doing to identify these issues within their organization? What are some best practices to include in their internal audit programs?
This course will discuss trends and issues internal auditors faced in 2023 and are facing in 2024.
Publication Date: February 2024
Topics Covered
- Internal Audit
- International Professional Practices Framework
- Internal Audit Requirements
- PCAOB Audit Areas of Focus for 2024
- Internal Audit Projected Trends
- Data Breaches
- Internal Controls
- Data Analysis
Learning Objectives
- Identify internal audit requirements
- Identify trends in internal auditing
- Identify high risk areas of focus for internal auditors
- Identify the data analysis technique that is most frequently used by organizations to fight fraud
- Identify the statute of limitations for COVID-19 stimulus plans such as PPP and EIDL loans
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Auditing (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Robert K Minniti
DBA, CPA, CFE, Cr.FA, CVA, MAFF, CFF, CGMA, PI
Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona.
Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix. He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College.
He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, cyber security, privacy laws, data security, Sarbanes-Oxley compliance work and business consulting. In addition to his practice Dr. Minniti is an instructor teaching continuing professional education classes for a variety of providers and CPA Societies.
Dr. Minniti is currently serving as a board member on the National Association of Certified Valuators and Analysts' (NACVA) Litigation Forensics Board (LFB) and as a committee member on the Arizona State Board of Accountancy's Law Review Advisory Committee.