Improve Efficiency with Internal & Performance Audit


Course Description:
Did you know that not all audits focus on the financials of an organization?
Internal and performance audits are two types of audit that your organization could benefit from. Internal audit is a vital component of governance and strategic risk management. It can help you address and monitor compliance, improve processes, identify new opportunities, verify operational controls are effective, provide risk assessment and ultimately decrease worry. Performance audit can help you identify opportunities to improve the performance of various operating activities as well as reduce costs, facilitate decision making and contribute to public accountability—all tailored to your organization’s needs. Learn how these audits can benefit your organization in our upcoming roundtables.

Learning Objectives:

  • Review the definition and importance of internal and performance audits
  • Discuss how to know if internal and/or performance audits are right for your organization
  • Outline the benefits of internal and performance audits for government organizations
  • Identify the possible impact these audits can have on your organization
  • Outline steps to prepare for these types of audits

Discussion Questions 

1. Where do you see opportunity to improve your organizational efficiency? 
2. What problems have you identified that potentially need addressing? 
3. What questions do you have regarding internal and performance audit? 

Audrey Donovan, CIA, CGAP, CRMA, Senior Manager | Eide Bailly
Audrey has over 20 years of experience in internal audit, performance/operational audit and financial consulting for both the public and private sectors and serves as the firmwide technical resource for internal and performance audit. Audrey also utilizes her vast experience in Risk Advisory Services to work closely with Eide Bailly’s Special Advisory and Risk Advisory Services, such as, fraud and forensic, information technology and quality assurance review. Audrey has held roles in a consulting capacity, such as Chief Audit Executive and Internal Audit Director. She was formerly with the City and County of Denver (CCD), Colorado as the Deputy Director for Audit Services, where she managed the city’s performance-based auditing, internal auditing, information technology audits, and conducted the annual citywide risk assessment.

Kimberley Higgins, CPA, Partner | Eide Bailly
Since 1979, Kim has been providing public accounting services to a variety of clients, including governmental and quasi-governmental entities, nonprofits and state agencies. She is Colorado’s government director, leading the CO offices in performing audits for some of the largest counties, cities and state agencies in Colorado. 
Kim sits on the firm’s Government Advisory Committee as well as the firm’s Internal Audit Advisory Committee, strategically helping to guide the firm’s governmental service lines in consulting and auditing (external, internal and performance). Serving on AICPA, COCPA and firm committees over her career has been her passion. helping our governments and firm grow and learn from each other.

CPE Information
CPE Credits: 1
Field of Study: Auditing
Level of Knowledge: Overview
Delivery Method: Group-Internet Based

Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Amy DeGeorge.


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Audit & Assurance