How to Audit Outsourced Functions (CPE Course)

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Guide to IT Auditing

CPE Credit: 1 hour

Course Type: Downloaded PDF materials with online test

Price (with PDF Textbook): $15


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Course Description
A company can greatly increase its exposure to risk when it shifts processes to a supplier. The auditor can investigate and report on these risks, as described in the How to Audit Outsourced Functions course. The course also addresses the need for early auditor participation in any outsourcing arrangement, in order to participate in due diligence and contract formulation activities. The course goes on to describe continuing auditor activities, additional concerns related to offshoring, relying on the work of others, and several related matters.


Author: Steven Bragg

Course Number: AU1026

Learning Objectives

  • Recognize those risks that may be amplified in an outsourcing arrangement.

  • Specify the audit steps used to audit outsourced functions.

  • Specify the areas in which the auditor can provide input during contract formulation.

  • Describe the different risk assessment areas relating to the audit of a supplier.

  • Recognize the types of third-party reports that an auditor can rely on when formulating audit procedures for an outsourcing arrangement.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Auditing

Prerequisites: None

Advance Preparation: None

Latest Review Date: December 2022

Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.


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AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.


AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.