Agenda Details
| D4 Auditing Period-End Accruals, Provisions and Other One-Time Journal Entries |
| Sharon T. Grant, CPA, CIA, Managing Director, Corporate Audit, United John Bacilek, CPA, CISA, CIA, Senior Manager, Nestlé Market Audit |
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Date: Wednesday, 1 May 2013 Time: 10:45am - 11:45am Track: High-Impact Audits |
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• Internal Audit's role in reviewing period-end financials/integration with external auditors
• Reviewing methodologies and procedures for determining significant, subjective accruals and other entries with income statement impact • Overall control environment regarding access and approval of period-end adjustments (tone-at-the-top) • Selecting accounts and period-end transactions for review • Interviewing transaction owners to discuss questionable entries |