Fundamentals of Internal Auditing and Audit Report
Details
- Identify the value proposition that stakeholders expect from the internal audit function.
- Recognize the role of The IIA in the internal audit profession.
- Recognize the various career opportunities in the internal audit field
- Describe the structure and core elements of the International Professional Practices Framework.
- Identify some of the frameworks used in the practice of internal auditing.
- Obtain a basic understanding of the internal audit process.
Outline
- The Value Proposition
o Assurance, Insight, and Objectivity
- Internal Auditing vs. Accounting
- The Nature and Scope of Modern Internal Audit Services
o Mission
o Professional Guidance
o Professional Certifications
- Internal Audit Career Paths
o Mandatory and Recommended Guidance
o The International Standards for the Professional Practice of Internal Auditing (Standards)
o Structure and Numbering System
o IPPF Enhancements
- COSO Internal Control–Integrated Framework
- COSO Enterprise Risk Management (ERM) Framework
- IT Control Frameworks
- Introduction to the Engagement Process
o Types of Internal Audit Engagements
o Planning the Engagement
o Performing the Engagement
o Conducting Engagement Communications
Audit Findings
- Fundamentals Of Audit Reports
- Selling Your Report
- Strategies For Issuing Timely Reports
- Characteristics Of Effective Audit Reports
Audit Reports
- Fundamentals Of Audit Reports
- Selling Your Report
- Strategies For Issuing Timely Reports
- Characteristics Of Effective Audit Reports
Effective Audit Communications
- Possible Barriers To Overcome In The Interview
- Diffusing The Difficult Interview
- Do’s And Don’ts Of Effective Interviewing
- Strategies For Conducting Effective Closing Meetings
FOR WHOM:
All Internal Auditors and Risk Managers in the Public and Private Sectors.
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Speaker/s
Special Offer
Schedules
Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.