|2013 One World, One Profession, One Destination|
|Orlando World Center Marriott Resort and Convention Center|
|July 14 - 17, 2013|
ABSTRACT SESSION (Session description and learning objectives:) 1 - IF YOU DID NOT PROVIDE AN ABSTRACT IN YOUR PROPOSAL OR HAVE AN UPDATE PLEASE DO SO BY TYPING IT BELOW.
Provide a brief paragraph for the session description. Use three to five bullet points to describe what attendees can expect to take away from the session and use action words at the beginning of each bullet such as; hear, learn, discover, find, practice, share, expand, discuss, gain, explore, review, get, understand, identify, examine.
Provide Session Title: Assurance and Consulting Engagements: Are they Mutually Exclusive?
Most internal audit functions include consulting services as a part of their audit charter. But is it really clear which type of services is assurance versus consulting? Is it possible to have elements of both in an engagement, and still comply with the IIA’s Standards?
In this session, participants will learn how to:
- Distinguish between assurance, consulting and blended engagements.
- Describe the criteria for conducting blended engagements, versus pure assurance or consulting engagements.
- Follow a principles-based framework for conducting blended engagements, while ensuring compliance with The IIA’s Standards.
- Develop ideas for reporting the assurance and consulting components of blended engagements.