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An Intensive Professional
Development Training Course on

Raising the Bar
of Internal Audit

Name: Raising the Bar of Internal Audit Training Course
Rating: 4.7 (1076 reviews)

Enhancing the Skills & Techniques to Provide
Professional Consultancy & Assurance Services

Course Schedule

Get your PDF guide and explore all course details.

Overview Objectives Who Should Attend? Methodology Outline Certificates

Course Modules

This training course is split into the following modules:

Internal Audit Quality Assurance

Consultancy Skills for Auditors

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.

Why Choose Raising the Bar of Internal Audit Training Course?

This Raising the Bar of Internal Audit training course is designed to assist the auditors in understanding the organization’s business objectives & strategy to identify risks that create barriers to the organization’s achieving its objectives and executing its strategy successfully. This Raising the Bar of Internal Audit training course will help you to promote the safety and soundness of the firms and to discover the benefits of an effective audit process.

This highly interactive Raising the Bar of Internal Audit training course brings together the assurance & consulting skills designed to help you in supporting your organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

These skills will be developed through group exercises, case studies and other activities relevant to your organization.

This Raising the Bar of Internal Audit training course will feature:

Challenge in the design and operating effectiveness of the organization’s governance, risk management and internal control processes to strengthen those processes and keeping the appropriate executives
Issues facing auditors and organizations as they seek to support management in their work
Effective quality assurance and improvement program
Required skills to be manage the balance between being an internal audit and a consultant
Practice consultancy tools and techniques to help you plan and execute your work and to present your ideas logically and clearly
The best practices guidance in the consultancy role of internal audit
Knowledge and Skills Development to ensure tangible benefits for your organization

What are the Goals?

This Raising the Bar of Internal Audit training course covers the knowledge, tools and techniques commonly used by consultant to o conduct an internal quality assessment, and to help you to become an effective consultant, and it will provide auditors with an understanding of the necessary consulting skills to enhance internal audit function.

At the end of this Aztech training course, you will be able to:

Learn how to conduct an internal quality assessment as a benchmark and as preparation for an internal audit quality assurance
Measure the efficiency of your internal audit function
Develop your own road map to conformance with international standards for the professional practice of internal auditing
Enhance skills in internal auditing and as well in risk management, governance and compliance (GRC Model)
Learn how to develop a gap analysis to identifying where you already have a strong skills base and where you might need to strengthen them
Understand the consultant responsibilities & services and how to be creative and to demonstrate how it can add value
Discover skills to provide consultancy services as well as assurance services and learn how to use core skills to both an auditor and a consultant
Use some of the tools and techniques commonly used by consultants in these areas
Identify and practice facilitation skills and issues in your own environment

Who is this Training Course for?

This Raising the Bar of Internal Audit training course is open to all and will be useful to a wide range of professionals but will greatly benefit the following individuals:

Auditors / Auditing Managers
Accounting Executive / Managers
Financial Reporting Managers
Financial Executives / Managers / Controllers/Directors
Budgeting Officers / Executives / Managers
Business / Investment Analysts & Managers
Regulatory Compliance Officers
Commercial Analysts, Executives & Managers

How will this Training Course be Presented?

This Raising the Bar of Internal Audit training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The training methodology includes case studies, group discussion, group work and interactive exercises and videos, pre & post course assessments will also be given to enhance learning outcomes for participants and to measure the effectiveness of this training. The instructor will also facilitate learning by encouraging the delegates to test and critically appraise any theories and concepts on the training course.

The Course Content

Day 1

Internal Audit, Quality & Performance

Concept of Internal Audit
Types of internal audit function
The Principles of Conduct of the Code of Ethics
The International Standards for the Professional Practice of Internal Auditing (Standards)
Meaning of Quality and performance
Measuring performance

Day 2

Quality Assurance & Improvement Program

The framework for quality assurance
Requirements of the Quality Assurance and Improvement Program
Evaluation of the conformance with relevant policies, procedures, and standards
The application of the Code of Ethics
Assess the efficiency and effectiveness of the internal audit activity
Identifies opportunities for improvement

Day 3

Internal Assessments

Ongoing monitoring of performance of the internal audit activity and staff.
Periodic self-assessment and review
Assess internal audit activity’s charter
Evaluate the applicable legislative and regulatory requirements
Establish benchmark of the internal audit activities
Establish metrics to indicate improvement in organization

Day 4

External Assessments

Importance of external assessment
Form of external assessment
Frequency of external assessment
Internal audit and audit committee function
Assessment of conflict of interest
Following up the results & recommendation of external assessments

Day 5

Using the Quality Assessment Manual to Conduct Self-Assessment

The effectiveness of using the resources
The best successful practices
The organization’s risk management
Reporting on the Quality Assurance and Improvement Program
Disclosure of non-conformance
Compliance with the regulatory requirements
Case studies in each day activity

Day 6

The Traditional Role of the Internal Auditor

The definition of internal auditing
The Concept of internal audit
The roles & procedures within the internal audit department
Preserving independence and objectivity
Audit preparation and planning to ensure an effective audit
The skills of auditors

Day 7

The Consulting Activities of Internal Auditing

The key consulting activities in an organization
The role of consulting in internal auditing
The link between audit committee requirements & consulting services
Strengthening organizational governance
Creating the compliance framework
Developing and improving risk management

Day 8

The Consulting Engagement and Skills

The key phases of a consultancy engagement
Assessment of the consulting skills
Developing and presenting ideas and solutions
Writing skills and effectively communicating results
The importance of effective communication and interpersonal skills
Demonstrating professional competency

Day 9

Consulting Tools and Techniques in an Organization

Identifying the tools and techniques of consulting
Understanding the need to listen and writing reports for consulting
Developing and managing the client satisfaction
Process benchmarking and gap analysis
Managing the “politics issues” and how to deal with
Managing & setting polices of conflict of interest

Day 10

Effective Consultancy in Organization

Enhancing the capabilities of problem-solving skills
Implementing on going assurance
Developing fraud awareness workshop
Strengthening the ethics & code of conduct programme
Assessment business development opportunities
Taking advantages of hidden opportunities

Certificate

AZTech Certificate of Completion for delegates who attend and complete the training course

In Partnership With

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Frequently Asked Questions

Common questions about our training courses

Absolutely. AZTech offers customised in-house training where this course can be tailored to your organisation's specific needs, objectives, and industry context. Please contact us directly to discuss your requirements.

For further information or to discuss customization needs, you can contact us at +971 56 333 3426 or via email at inhouse@aztechtraining.com . Additionally, you may submit a detailed inquiry through our in-house training page at: https://aztechtraining.com/in-house-training

Yes. This Raising the Bar of Internal Audit is offered in a classroom setting across multiple international locations as well as in a live online format, giving participants the flexibility to choose the option that best suits their schedule and learning preference.

AZTech courses are conducted in carefully selected 5-star hotels or 4-star premium hotels in the host city, featuring fully equipped, professional training rooms. Participants will enjoy coffee breaks and snacks throughout the day, as well as a complimentary lunch provided after each training session.

This Raising the Bar of Internal Audit training course is designed for professionals at all levels who wish to enhance their knowledge and skills in this subject area. It is suitable for managers, team leaders, specialists, and anyone looking to advance their career and professional development.

AZTech provides round-the-clock support to assist you with any enquiries. You can reach our team 24/7 by phone at +971 50 195 5668, by email at info@aztechtraining.com. Our dedicated training consultants are always on hand to help you with course selection, registration, scheduling, and any other questions you may have.

There are no formal prerequisites for this Raising the Bar of Internal Audit course. It is open to all professionals regardless of their background or experience level, though a basic understanding of the subject area may be beneficial.

AZTech courses are delivered using a highly interactive and practical methodology, combining presentations, group discussions, real-world case studies, exercises, and workshops to ensure participants can immediately apply what they have learned in their professional environment.

Yes. Participants who successfully complete the course will receive an AZTech Certificate of Completion. This course may also be eligible for Training credits, which will be indicated in the course details.