Leadership and Supervision Skills for Lead Auditors and Audit Managers

What you will gain from this seminar:

  • Understand the all-important interpersonal side of the audit – building relationships with your audit customer and helping junior auditors grow and develop
  • Learn your own personality style, how to quickly identify other peoples’ styles, and how to use this knowledge to build effective working relationships
  • Practical tools and skill-building exercises to help you and the others on your team become peak performers
Who should attend:
  • Lead or in-charge auditors and audit managers

Two-Day Seminar Outline

- The COSO challenge: Take the blinders off!
- Participative auditing:
Get your customers on the audit team
- Audit simulation: Introduction to MegaBucks Financial Services; plan an "impossible" audit assignment

Personality Styles Key to Effective Leadership
- Personality style questionnaire: identify your own style
- Personality style clues: identify other peoples’ styles quickly
- Conflicting and complimentary styles
- Using styles to work with your audit customers
- Audit simulation: Role play initial interview with audit customer

Leadership Styles
- Doer, Supporter, Team-Builder
- The First Rule of Leadership

- Guidelines for assigning staff
- Using personality styles to work with your audit staff
- Eight audit staff personality types, and how to supervise each type
- A twelve step approach to effective delegation

Monitoring Fieldwork
- The importance of timely, informal feedback - and how to give it
- How to deal with difficult staff: "What if?" scenarios
- Holding frequent update meetings with your customers and staff
- Workpaper review: guidelines and tips

- Using the five-attribute approach to developing audit findings to train junior auditors
- Participative reporting: making your customer part of the solution
- Exit conferences: preparation, presentation, tips for success
- Guidelines for reviewing audit reports
- Audit simulation: Review staff's audit findings, role play exit conference

Performance Appraisal
- The importance of timely, informal feedback - No Surprises!
- Guidelines for preparing and conducting a formal appraisal
- Model appraisal form and standards
- Audit simulation: Prepare and role play performance appraisal of selected audit staff personality type