Ch 4: Types of Government Audit Services
About This Chapter
Types of Government Audit Services - Chapter Summary
This chapter will teach you about the types of government auditing services using simple illustrative examples. Each lesson defines auditing terms and succinctly explains the purposes and benefits of several types of audits.. You'll also learn how audits are measured and what techniques government auditors use.
After watching the videos in this chapter, you should be able to:
- Understand compliance, information technology and integrity audits
- Know how the government audits performance/value-for-money operations
- Describe external audits of financial statements
- Recognize consulting and non-audit advisory services
- Measure performance audits
- Explain auditing methods for program evaluation
- Identify and investigate integrity violations
- Discuss the uses and benefits of auditing performance management systems
Our expert instructors present each lesson's definitions, concepts and examples in an engaging and simple manner. Each lesson includes a multiple-choice self-assessment quiz to make sure you've fully grasped the material. Video timelines, lesson transcripts and text lessons are also included to supplement the your learning experience.
1. What is a Compliance Audit? - Definition & Example
A compliance audit is a review and evaluation of an organization's adherence to the set guidelines and standards. Explore the definition, processes, and examples of compliance audits, and understand why a compliance audit is required.
2. External Audits of Financial Statements
An external audit of financial statements occurs when an auditor examines the financial records of a company to ensure compliance with Generally Accepted Accounting Principles (GAAP). Learn about external audits, auditors, and the importance of audits for maintaining legally compliant businesses.
3. Information Technology Audits: Definition & Example
This lesson provides a brief overview on the necessity of information technology audits and why they are critical in today's complex technology environment. The lesson also highlights how these audits are performed and examples of key types of IT audits.
4. Consulting & Non-Audit Advisory Services: Definition & Examples
What is the meaning of consulting/assistance services conducted by government auditors? How do we define this non-audit work, and what are the differences in these services when comparing the worlds of business and government?
5. Performance Audit: Definition & Measurement
Like many of us, the government wants to be good at their job. In order to make improvements and be more productive, the government often relies on audits. In this lesson we will learn about an important audit that they use known as a performance audit.
6. Government Auditing - Program Evaluation: Definition & Method
In this lesson, we'll look at government program evaluation, a form of government auditing that employs various formal data collection methods to evaluate and determine the level of performance and effectiveness in a government program.
7. Integrity Audits: Definition & Example
Integrity audits explore the moral and ethical standards of a company's practice. Identify flags that incite such audits, the criteria of their investigations, and steps in the process demonstrated through real-world examples.
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Other Chapters
Other chapters within the CGAP Exam Study Guide - Certified Government Auditing Professional course
- Auditing Standards & Governance
- Risk/Control Frameworks in Auditing
- Government Auditing Practices: The Audit Function
- Process for Delivery of Audit Services
- Government Auditing Skills & Techniques
- Evaluating Quantitative & Qualitative Data
- Government Auditing: Financial Management
- Implications of Audit Service Delivery Methods
- Implications of Delivering Audit Services to Citizens
- Unique Characteristics of Human Resources Management
- Unique Purchasing & Procurement Requirements
- CGAP Exam Study Guide - Certified Government Auditing Professional Flashcards