Thread Options
#666207 - 01/15/07 06:59 PM New auditor training manual
Reed Offline
Diamond Poster
Reed
Joined: Sep 2005
Posts: 1,251
West Coast
Can anyone reccomend a "basic skills" type manual for a new internal auditor?

Return to Top
Audit
#666257 - 01/15/07 08:47 PM Re: New auditor training manual Reed
blue Offline
Platinum Poster
Joined: Jul 2005
Posts: 793
Contact the IIA or go to the Bookstore on their website, http://www.theiia.org. They offer a seminar on basic internal auditing skills so I suspect they have training materials that might accompany it.
Also, the ICBA offer certification in bank auditing and publish a series of manuals related to bank auditing. They cover workpapers, auditing certain topics, audit programs, etc.

Return to Top
#666335 - 01/16/07 01:43 PM Re: New auditor training manual blue
Reed Offline
Diamond Poster
Reed
Joined: Sep 2005
Posts: 1,251
West Coast
Thanks!

Do you (or anyone else out there) have the ICBA manuals? If so, which ones, how do you like them, etc.

Return to Top
#667263 - 01/17/07 05:58 PM Re: New auditor training manual Reed
blue Offline
Platinum Poster
Joined: Jul 2005
Posts: 793
Yes, I have them. I inherited them. I must confess that I haven't used them a lot. I was told they were a good tool if you were new to auditing but I am not new to it. For audit programs I have found Bank Internal Auditing manuals from Warren, Gorham and Lamont to be very beneficial.

Return to Top
#667312 - 01/17/07 06:56 PM Re: New auditor training manual blue
RR Sarah Online
Diamond Poster
RR Sarah
Joined: Mar 2004
Posts: 2,487
Up North
Spin, I have the ICBA manuals. I received them when I attended both weeks of the ICBA Audit Institute. I would highly recommend the classes if it fits into your budget. I did not attend the classes as a newbie but I think it would have been very beneficial.
_________________________
Sometimes you have to burn a few bridges to keep the crazies from following you.

Return to Top
#667338 - 01/17/07 07:08 PM Re: New auditor training manual RR Sarah
blue Offline
Platinum Poster
Joined: Jul 2005
Posts: 793
SarahH, Are you indicating that it was beneficial for you even though you already had audit experience? I was told not to attend since I would not benefit from it (lots of experience = I'm old). However, if you had already had audit experience and found it very useful, perhaps I should attend. What would you recommend?

Return to Top
#667395 - 01/17/07 07:47 PM Re: New auditor training manual Reed
Life of Riley Offline
Gold Star
Joined: Sep 2006
Posts: 388
In a pineapple under the sea
Spin, I got the ICBA manuals when I was new to audit and found them to be very helpful. The information on workpapers (what to use, how to organize and what the purpose is) was a big help.

I just put their Auditing Institute on my wish list for this year, recommended attendees are auditing personnel - regardless of previous experience and training.
_________________________
Just smile and wave y'all, smile and wave...

Return to Top
#667439 - 01/17/07 08:26 PM Re: New auditor training manual blue
RR Sarah Online
Diamond Poster
RR Sarah
Joined: Mar 2004
Posts: 2,487
Up North
blue, There were people in my sessions that had been in banking and/or audit for a long time. I believe some people were there to "freshen" up their audit skills. I had two years audit experience when I went and had not had any formal training in audit prior to the ICBA institute. When I think about it, I guess two years in audit...I was still a newbie!! I did take a lot out of it not to mention the fact that I did become certified (Certified Community Bank Internal Auditor) for what that's worth. It's hard for me to recommend or not recommend this to you because I'm not sure what you would be looking to gain from the experience. It is definitely geared towards those that know very little about internal auditing in a financial institution.
_________________________
Sometimes you have to burn a few bridges to keep the crazies from following you.

Return to Top
#667536 - 01/17/07 09:39 PM Re: New auditor training manual RR Sarah
Reed Offline
Diamond Poster
Reed
Joined: Sep 2005
Posts: 1,251
West Coast
Thanks, all. The audit workpaper manual is kind of what I had my eye on, I think I'll try that one.

Return to Top
#667718 - 01/18/07 02:14 PM Re: New auditor training manual Reed
davidm Offline
100 Club
davidm
Joined: Mar 2003
Posts: 119
Texas
Irwin Professional Publishing produces a "Financial Services Audit Documentation" manual that was authored by Judith Taylor Weikel. The ISBN is 0-7863-0961-x. I have found this book to be very helpful to new auditors in my department.

Return to Top
#667820 - 01/18/07 03:45 PM Re: New auditor training manual RR Sarah
Life of Riley Offline
Gold Star
Joined: Sep 2006
Posts: 388
In a pineapple under the sea
Thanks Sarah, hearing about your experience with the course makes me want to go even more!
_________________________
Just smile and wave y'all, smile and wave...

Return to Top
#672908 - 01/26/07 01:47 PM Re: New auditor training manual Life of Riley
Reed Offline
Diamond Poster
Reed
Joined: Sep 2005
Posts: 1,251
West Coast
FWIW, I just got my ICBA working papers manual in the mail yesterday and I love it! It is probibly a bit basic for those who have been doing this for a while, but I would say those with 2 years experiance or less this would be beneficial. There are lots of sample workpapers, risk assessments, reports, ect.

Return to Top
#672924 - 01/26/07 02:16 PM Re: New auditor training manual Reed
blue Offline
Platinum Poster
Joined: Jul 2005
Posts: 793
SarahH, Thanks so much for the feedback. I will definitely research this a little more based on your feedback. Thanks for sharing.

Return to Top

Moderator:  Andy_Z