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Adding value in internal audit is a course designed for audit professionals who want to move beyond compliance-focused auditing and position their function as a genuine agent for positive change within their organisations.
The course covers internal audit best practice and the new IIA standards, Value for Money auditing using the three Es framework, assurance mapping, third party and outsourcing reviews, and continuous auditing — giving delegates a complete framework for focusing audit activity where it creates the most impact.
Corporate governance is addressed through an added value lens, covering audit committee relationships, CSR and ethics auditing, stakeholder expectation management, and auditing emerging areas including social media.
The course closes with complex added value audit topics including information security, IT projects, systems under development, business continuity management, and brand and reputation risk — giving delegates a sophisticated audit capability across the areas that matter most to modern organisations.
This adding value in internal audit course is designed to give delegates the frameworks, techniques, and strategic focus needed to elevate the impact of internal audit from assurance activity to genuine organisational value creation.
By the end of this course, delegates will be able to:
The Adding Value in Internal Audit Training Course is ideal for professionals looking to expand their auditing skills and enhance their internal audit team's value proposition. It is also beneficial for senior leaders aiming to increase the strategic impact of internal auditing within their organization.
This course is perfect for:
This adding value in internal audit course is delivered through structured technical instruction, applied VFM audit techniques, case studies, and complex audit area workshops — ensuring delegates build a complete added value audit capability across strategy, governance, and specialist topics.
Delivery methods include:
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Common questions about our training courses
The significant changes in the internal audit role and the challenges of meeting the new IIA standards are addressed as foundational content, covering what the updated standards require and what they mean for how audit functions are structured, governed, and operated. Delegates gain a clear understanding of how the new standards raise the bar for audit quality, independence, and value delivery — and what practical steps are needed to meet them.
Assurance mapping and continuous auditing are covered as strategic tools for maximising the impact of audit activity across the organisation. Assurance mapping helps audit functions identify where assurance is already being provided — and where gaps exist — so audit resources are focused on areas of genuine need. Continuous auditing is addressed as an operational model that shifts audit from periodic reviews to ongoing monitoring and assurance.
Corporate governance auditing, CSR and ethics auditing, stakeholder expectation management, and emerging areas including social media are addressed through a proactive added value lens rather than a compliance checklist approach. Delegates learn how to develop audit committee relationships that position internal audit as a strategic governance partner and how to audit areas where conventional audit techniques need to be adapted to capture the full range of governance and reputational risk.
Value for Money auditing is covered as a structured audit methodology that evaluates whether organisations are achieving efficiency, economy, and effectiveness in how they use resources. VFM audit techniques, performance measurement approaches, and case studies are used to show how VFM auditing is applied in practice across different organisational contexts. Delegates leave with a complete VFM audit methodology they can apply to engagements where demonstrating added value beyond compliance is the primary objective.
Auditing third party activities and outsourcing reviews are addressed as specialist audit areas requiring adapted methodologies that reflect the governance, contractual, and operational challenges of assessing activities performed outside the organisation's direct control. Delegates learn how to scope, plan, and execute third party audits effectively and how to assess whether outsourcing arrangements are delivering the performance and compliance expected under the relevant contracts and governance frameworks.
Information security, IT projects, and systems under development are all addressed as complex added value audit areas, covering how audit techniques are adapted to assess technology risk, project governance, and control effectiveness within IT environments. Delegates gain a working understanding of what these audits examine, what the key risk areas are, and how findings are framed to drive genuine improvement rather than generate lists of technical observations.
