Why Choose Practical Approaches to New Ways of Internal Auditing Training Course?
The Structure
This comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day training courses.
Module 1 - Developing, Improving and Monitoring the Internal Audit Function
Module 2 - Adding Value in Internal Audit
The Course Content
- Defining the Distinctions and Responsibilities between Internal and External Auditors
- Identifying the Internal Audit Staff Positions
- Identifying Internal Audit Staffing Requirements
- Techniques for Ensuring Credibility for the Internal Audit Team
- Developing the Audit Committee Charter for a Board of Directors
- Review of Statements on International Auditing Standards Update and General Auditing Practice Issues
- Fraud and Forensic Audits
- Compliance Audits
- Operational Audits
- Information Systems Audits
- Financial Audits
- Risk Factors & Audit Risk Alerts
- Developing Streamlined Processes for Conducting Internal Audit Examinations
- Identifying Effective Audit Programs for the Various Types of Audits
- Risk-Based IT Audit Procedures
- Key Considerations for your Internal Audit Plan
- 20 Questions Directors Should Ask about Internal Auditing
- The Audit Commencement Conference Meeting
- Evaluating Internal Controls & Substantive Procedures
- A Detailed Examination of the Budget Process & Budgetary Controls
- Planning & Conducting Audit Interviews
- Accumulating Relevant Documentation during the Internal Audit Process
- Professional Standards and Responsibilities Associated with Internal Auditing Documentation
- Sampling & Statistical Analysis to ensure a Representative Sample
- The Internal Audit Draft & Final Report: - Findings and Suggestions for Areas of Improvement
- Planning the Audit Exit Conference Meeting
- Distributing the Final Internal Audit Report within the Organization
- Client Survey
- Conducting Post-Audit Reviews/Follow Up Audit
- Improving Corporate Governance
- Ensure IA is seen as an agent for positive change
- Meeting the challenges of the new IIA standards
- The significant changes in the Internal Audit role
- The need to recognise audit risk
- Building a world class team
- Marketing the IA activities
- What is VFM?
- The Power of VFM auditing
- The 3 E’s (Efficiency, economy and effectiveness)
- VFM audit techniques
- Performance measurement
- Case Studies
- Focussing attention on the activities with potential to add value
- Auditing Third Party activities
- Outsourcing reviews
- Managing the added value audit process
- Continuous auditing
- Assurance Mapping
- The key aspects of CG
- Auditing the key aspects of Corporate Governance
- Developing proactive Audit Committee relationships
- Auditing Corporate Social Responsibility and Ethics
- How to understand and exceed stakeholders’ expectations
- Auditing new areas such as Social Media
- Information security
- Systems under development
- The web site and external communications
- IT projects
- Business Continuity Management
- Brand and reputation management
Certificate
- AZTech Certificate of Completion for delegates who attend and complete the training course
Do you want to learn more about this course?
Register now or contact our team to discuss schedules, delivery formats, and customised options.