Comprehensive training for new internal auditors
As a result of emerging corporate governance requirements the profile of internal audit has reached an all-time high. If you are about to become involved in internal audit you need to be familiar with the fundamental requirements of the role.
This practical three-day course will guide you through the principles and techniques of internal auditing to help you plan and perform audit work in line with the latest standards and best practice.
Who should attend?
New entrants to internal audit and those who have limited experience, as well as anyone returning to the function and in need of a refresher.
What will I learn?
Upon completion you will be able to:
- understand the organisation, planning and control of internal auditing
- relate to the current philosophy and practice
- realise and manage the behavioural implications of internal auditing
- appreciate the essential techniques to be used.
The challenging world of internal audit
- the purpose, potential and change
- principles of internal audit
- current International Standards for the Professional Practice of Internal Auditing.
Internal audit relationships
- management expectations
- image of internal audit
- behavioural reactions
- building relationships
- external audit.
Fraud and the internal auditor
- what is fraud?
- why involve internal audit?
- police implications
- fraud investigations.
Planning internal audit work
- the audit charter and universe
- risk assessment and risk based internal audit
- strategic, annual and assignment plans.
Risk management, corporate governance and control evaluation
- internal control and COSO
- systems, risk and control objectives
- types of controls
- evaluation techniques and documentation.
- types of interview
- essential features
- use of questions
- body language
- note taking.
Testing, sampling and working papers
- problems for internal auditors
- effects on auditees
- a testing framework
- a working paper strategy.
Computer audit (an overview)
- the generalist and computer auditor
- organisation of computer audit
- computer audit techniques.
Internal audit reporting
- style and structure
- marshalling information
- word choices and grammar implications.
Quality assurance of internal audit
- qualitative aspects
- performance measures
- quality standards.
CPE competency areas covered
- Governance, risk and control
21 CPE points
This is a 3-day non-residential course that includes and meals and refreshments throughout.
SAVE €300 when you book this course 3 months in advance