Session 3a: All – Fundamentals of Compliance Testing (Basic)

Attendees will learn about the various testing techniques, sampling methodologies, report construction, and remediation and tracking.  Additionally, attendees can expect to take away various templates for use in the testing programs within their firm.

Learning Objectives:

  • Discuss strengths and weaknesses of various testing methods (observation, interview, reperformance, sampling, and forensic testing)
  • Identify policy & procedure design (gaps), implementation, and execution
  • Explore the structure and documentation of the testing program, including testing frequency, selection, calendars and report construction
  • Learn how to report, remediate, and track the findings