* This course fulfills the learning objectives for FFM 211 Federal Funds Management Evaluating Risk and Auditing Performance.

Course Description

This three-day, intermediate course will discuss auditors’ legislative requirements and the principles of auditing that exist within the federal government. You will learn types of risk, best methods of mitigation, as well as how to best manage, report and monitor the risk situation. By the end of this course you will have gained federally-based audit standards, methods, and risk evaluation.

Learning Objectives

• Formulate viable solutions to a contracting dilemma
• Create defensible decisions
• Identify specific language that leads to high-risk and low-risk
• Describe key components of federal audit reports
• Explain the responsibilities of the federal audit organization
• Determine the eligibility and quality of evidence needed in federal audits
• Explain the importance of constructive audit findings and recommendations for decision making

For more information, please contact businessdevelopment@bmra.com or call us at (703) 691-0868 ext. 100.