The role of internal audit has become a crucial feature in
most organisations around the world. Its activities cover a
broad spectrum ranging from a companies financial standing to
its compliance, assurance and consulting requirements. This
course provides a wide-ranging introduction to the internal
audit role, purpose and practice and is designed for those whose
career is beginning with internal audit for the first time or
for managers and audit committee members who require an entry-level
introduction to the methodology of internal audit.
Programme
Aim: The aim of this course is to help delegates to develop
their knowledge of Internal Auditing and implement best practice
internal audit tools and techniques.
THE INTERNAL AUDIT ROLE
• How do we define the role of internal audit
• The importance and tensions of independence and objectivity
• Governance, risk and control
• Stakeholders including the Audit Committee
• The added value concept
• Assurance and consulting roles
PLANNING AND CONTROL OF THE AUDIT
• Auditing standards
• Terms of reference
• The audit research and plan
• Maintaining and producing audit documentation
THE AUDIT PROCESS FROM START TO FINISH
• Fact finding techniques
• Testing and ensuring validity
• Recording of Information
• Writing the audit report
• The follow up and managing the response
WHO SHOULD ATTEND
Managers, supervisors, graduate trainees, new recruits to internal
audit,
audit committee members – anyone with a vested interest
in the workings
of internal audit or are likely to be audited by internal auditors.
