AUDITOR FUNDAMENTALS AGILE TRAINING

PARTICIPANT NOTES 2022

 Module Principles of auditing
02
Auditing
Fundamentals

1 2

Understanding ISO 19011

P What experience do
you have with
auditing?
• Guidance on auditing
management systems
• Principles of auditing
• Managing an audit programme
• Conducting management
system audits

3 4

Principles of Auditing Integrity

The foundation of professionalism

• Integrity
• Fair presentation Auditors and the individual(s) managing an audit programme
• Due professional care should:

• Confidentiality
• perform their work ethically, with honesty and responsibility;
• Independence • only undertake audit activities if competent to do so;
• Evidence-based approach • perform their work in an impartial manner, i.e. remain fair
and unbiased in all their dealings;
• Risk-based approach
• be sensitive to any influences that may be exerted on their
judgement while carrying out an audit.

5 6

Auditor Fundamentals - Participant Notes Performance Enhancement Training

AUD-AGILE-ENG-M02 – Principles of auditing
Version: September 2022
Copyright © BRCGS 2022 protected under UK and international law 1
 Fair presentation
7 8
Confidentiality
Security of information
Auditors should exercise
discretion in the use and
protection of information
acquired in the course of their
duties.
9 10
Evidence-based approach
The rational method for
reaching reliable and
reproducible audit
conclusions in a systematic
audit process
11 12
Auditor Fundamentals - Participant Notes Performance Enhancement Training
AUD-AGILE-ENG-M02 – Principles of auditing
Version: September 2022
Copyright © BRCGS 2022 protected under UK and international law
Due professional care
The application of diligence
and judgement in auditing
Independence
The basis for the
impartiality of the audit
and objectivity of the
audit conclusions
Risk-based approach
An audit approach that
considers risks and opportunities
The risk-based approach should
substantively influence the planning,
conducting and reporting of audits in
order to ensure that audits are
focused on matters that are significant
for the audit client, and for achieving
the audit programme objectives.
2
 Matching audit principles

A
The obligation to report truthfully and
1. Risk-based approach
accurately

2. Integrity Security of information obtained during

the audit process
Audit principles
An audit approach that considers risks
3. Independence
and opportunities

The basis for the impartiality of the audit

4. Fair presentation
and objectivity of the audit conclusions

5. Confidentiality The foundation of professionalism

13 14

Matching audit principles - Answers Module Recap

An audit approach that considers risks You should now have an

1. Risk-based approach
and opportunities
understanding of:

2. Integrity The foundation of professionalism

• An introduction to ISO 19011
• Principles of auditing
The basis for the impartiality of the audit
3. Independence
and objectivity of the audit conclusions

The obligation to report truthfully and

4. Fair presentation
accurately

Security of information obtained during

5. Confidentiality
the audit process

15 16

Any questions? Next Session

• Managing an audit programme

• Establishing audit programme
objectives
• Risks and opportunities
associated with an audit
programme
• Implementing, monitoring and
reviewing an audit programme

17 18

Auditor Fundamentals - Participant Notes Performance Enhancement Training

AUD-AGILE-ENG-M02 – Principles of auditing
Version: September 2022
Copyright © BRCGS 2022 protected under UK and international law 3