Best Practices for Effective & Efficient Auditing: Evaluating and Concluding  

Best Practices for Effective & Efficient Auditing is a four-part series developed to help experienced auditors strengthen engagement quality while improving efficiency. Each session may be taken independently or as part of the full series. Topics include:

1. Planning and Risk Assessment – October 30th
2. Designing Audit Procedures – November 6th
3. Performing Tests of Controls and Substantive Tests – November 13th
4. Evaluating and Concluding – November 20th

Evaluating and Concluding focuses on the final phase of the audit: assessing whether the evidence obtained supports the conclusions reached. Engagement quality depends on how well results are evaluated, documented, and reviewed before the report is issued.

This session emphasizes practical approaches to forming defensible conclusions, resolving engagement deficiencies, performing concluding procedures, and finalizing the audit file. The session aligns with current auditing standards, including SAS Nos. 134-149.

Major topics covered in this session include:

• Evaluating audit evidence against assessed risks
• Determining whether sufficient appropriate audit evidence was obtained
• Performing and documenting concluding procedures
• Identifying and resolving engagement deficiencies
• Conducting supervision and final workpaper review
• Finalizing the engagement file to support the audit opinion

Who should attend: Senior audit professionals responsible for supervising engagements, reviewing workpapers, and forming final audit conclusions.

Instructor: Sunish Mehta, CPA, CGMA
Instructor assignments are fluid and subject to change.