Audit process steps are revisited to explore how roles on the engagement team change for experienced staff or new in-charge. Managing an audit engagement As you advance in your career, your role in the audit process will likely change. Reviewing the steps of an audit and exploring your position in the process can prepare you for new responsibilities, including: - Becoming more actively involved in the risk assessment process - Preparing to manage the engagement - Learning about client management - Delegating responsibilities for an efficient engagement - Developing staff on the job - Providing written and oral feedback to staff - Instilling quality control on audit engagements Other management responsibilities You will also explore other topics, such as: - Considerations for first-time audits - What to look for when using opening balances - Group audits - Maintaining professional skepticism - Recognizing personal biases and their effect on audit professional skepticism. Who Will Benefit - Experienced staff - New in-charge auditors - Firms that want consistent training and level setting Key Topics - Engagement management - The audit process - Planning - Leading the audit team - Professional Skepticism - Professional Judgment Learning Objectives - Identify common processes and procedures with regard to overall engagement management and supervision of the audit and staff. - Analyze the meaning of professional skepticism, specifically as it applies to auditor bias.