Systems and controls work is frequently performed and documented badly by audit firms, and this is an issue often picked up by cold file reviewers and professional bodies. Using example forms, this course will provide a practical insight into the minimum requirement and how to use tests of control to increase audit efficiency and effectiveness. Topics covered will include: 

• Understanding control objectives and features and why they matter
• Minimum documentation requirements – what goes wrong and how to fix it
• Which controls to focus on
• New requirements on IT risks and controls and how they tie in
• Performing effective walkthroughs
• Tests of control – key benefits and pitfalls and what this entails in practice