Developing, Improving and Monitoring the Internal Audit Function
Details
- Understand the role and function of an Internal Audit Department.
- Evaluate the effectiveness of the existing internal audit function
- Recommend improvements to the existing audit function
- Monitor the effectiveness of policies, procedures and financial transactions to international standards
- Understand audit risk and efficiently plan, control and record an audit assignment
- Conduct post-audit reviews and compile internal control updates for Boards of Directors
Outline
- Developing an Internal Audit Department
- Identifying Internal Audit Staffing Requirements and the Techniques for Ensuring the Credibility for the Internal Audit Team
- The Evaluation of different Types of Audit (Operational; Financial; Compliance; Forensic; IT etc)
- Planning and conducting the Audit Commencement Conference Meeting, Audit Exit Conference Meeting and Post-Audit Reviews
- Efficient Planning, Controlling and Recording of an Audit
- Developing Streamlined Processes for Conducting Internal Audit Examinations
- Evaluating and implementing Control and Substantive Procedures
- Review International Auditing Standards and General Auditing Practice Issues
- Accumulating Relevant Documentation during the Internal Audit Process
- Communicating Audit Findings and Suggestions for Areas of Improvement
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.