Page 46 - KATALOG IIA INDONESIA 2021

AUDIT Auditing Grants -
FUNDAMENTALS Public Sector

Auditing Grants -

Public Sector

About this Course

Grants are commonly referred to as financial or non-financial contributions, which are awarded to an individual or
enterprise and supports a specific cause. Because of the non-exchange nature of grants, oversight and the role of
internal audit is critical to ensure legitimate and effective utilization of the awarded resources.
This course provides a comprehensive overview of the grants administration process and the responsibilities
assumed by the parties involved. The course also outlines the chronological flow of activities that take place in the
various phases of the grants administration and management process. The role of internal audit is defined, and
details of the audit approach during an engagement are provided. Finally, the content describes the use of a risk
and control matrix as part of the risk assessment process, which identifies risks associated with grant transactions.

Learning Objective(s):

• Differentiate between grants management and grants administration.
• Assimilate the grants process and how it relates to the grantor and grantee.
Discern the phases of grant management and administration.
• Recognize critical risks associated with grants management and administration.
• Recognize the internal auditor’s role in assisting organizations to effectively manage and administer grants.
• Discern key grant stakeholders for grantees and grantors.
• Differentiate outputs and outcomes of grant programs.
CPE Hours Available : 2.0
Knowledge Level : Basic
Advance Preparation : None
NASBA : Yes
Field(s) of Study : Auditing
Who will Benefits : CAE/Director, Internal Audit Manager, Staff/Senior Auditor
Delivery Formats(s) : Self-Study
Category : Audit Fundamentals
Author : The IIA
Audito/Video : None
Prerequisite(s) : None
Supplementary Course(s) : • Ethics for Internal Auditors
• Internal Controls
• Auditing Culture
Browser Requirements : • Google Chrome (optimal)
• Mozilla Firefox
• Safari 4

Duration : 2h Price : $ 110.00

Course Expiration:
Upon purchase, the user has 30 days to complete this course.

The IIA is registered with the National Association of State Boards of Accountancy (NASBA) as a
sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards
of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints
regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its
website: www.learningmarket.org.

IIA TRAINING GLOBAL ONDEMAND