Preparing Effective Audit Working Papers

Preparing Effective Audit Working Papers
This online workshop is specifically designed to train municipal staff in preparing effective working papers for the annual audit in a way that minimizes their time and effort, while providing the auditors with exactly what is needed to perform their audit effectively.  In addition, recent changes in PSAB will be discussed including the impact the standards have on working paper preparation.

What You will Learn:
  1. The purpose and benefits of an audit and your role in the audit
  2. Components of an audit and identifying errors in financial statements
  3. How to identify suitable and reliable working papers for assets and liabilities
  4. How to identify suitable and reliable working papers for revenues and expenditures
  5. Audit time savers
  6. PSAB update and audit impact

Tool Kit: These topics will be presented in a half-day session utilizing a mix of presentation and group discussion.

Who Should Attend:
Local government staff that are responsible for, or participate in the preparation of audit working papers.

Benefits of Attending: Participants can expect to:
  • Gain an understanding of what is required of you by your auditors
  • Learn best practices in preparing audit working papers
  • Save time in preparing for the audit
  • Make use of advice from auditors
  • Avoid extra audit fees caused by incomplete preparation
  • Get an update on new PSAB standards and upcoming changes
BDO is one of Canada’s largest accounting services firms with roots that extend back over one hundred years. Today, BDO has 100 offices across Canada, with more than 2,000 professionals and over 300 partners. BDO’s services run from assurance, accounting and taxation services to financial advisory and corporate recovery.
12/6/2022 8:30 AM - 12:30 PM

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