Responsible Individuals - The Key Traits of a Good RI

Objectives

The course will consider the various aspects of the role of a Responsible Individual (RI) in ensuring the quality and profitability of audit assignments. It will also look at the responsibilities of the RI within the firm’s quality management processes and how the RI can help train and develop the next generation of RIs and managers.

Key topics

The course will look at a range of areas to highlight the issues an RI should focus on. These include:

• Understanding the firm’s Quality Management procedures
• Understanding the client
• Keeping knowledge up to date
• Looking to the future
• Guiding the audit function in a firm
• Pulling a team together
• Leading by example
• Creating the correct culture
• Deciding what to look at
• Communicating issues and mentoring the team
• Managing client expectations
• Keeping an eye on the budget
• Dealing with problems
• Signing the audit report

Who should attend

Any current RI would benefit from the course, as well as those looking to progress into the role of RI in the future.