Mastering Internal Audit Operations

Details

The course is designed to cover all facets of internal audit operations, ranging from planning and conducting audits, to reporting findings and facilitating improvement. The course provides hands-on experience with audit tools, techniques, and best practices, alongside understanding the crucial role of internal audit in governance and risk management.

Target Group

This course is designed for internal audit professionals, including internal auditors, audit managers, and others who are responsible for or interested in the internal audit function within their organization.

Goals

• Understand the role and responsibilities of an internal auditor
• Master the process of planning and conducting an internal audit
• Learn techniques to effectively communicate audit findings
• Understand the importance of follow-ups and facilitation of improvement
• Develop an understanding of how internal audit operations contribute to governance and risk management

Target Competencies

• Internal audit planning
• Audit execution
• Audit reporting
• Risk assessment
• Communication and facilitation skills

Outlines

Understanding Internal Audit

• Role and responsibilities of internal auditors
• Overview of internal audit standards
• The relationship between internal audit and corporate governance
• Evolution of the internal audit profession
• Essential attributes of successful internal auditors

Planning an Internal Audit

• The purpose and process of audit planning
• Identifying and assessing risks
• Designing audit programs and procedures
• Setting objectives for the audit
• Preparing the audit plan and assigning resources