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Corporate Training for Teams

Essentials of Internal Audit

Innoverto, Online
Length
2 days
Length
2 days
Visit this course's homepage on the provider's site to learn more or book!

Course description

  • This course covers everything you need to know as a newcomer to Internal Audit regarding the most up to date audit practices.
  • If you have staff who are new to Internal Audit you will want them to learn the best audit practices and be able to apply them efficiently.
  • The course will introduce you to the worldwide best practice and how to apply it
  • Maybe you have auditors who are returning to the function, or staff who are to be seconded to you for a period of time? You will want them to learn about the changing role of the audit function.
  • Perhaps you work in a line function with responsibility for providing assurance to the board and need a fuller understanding of the internal audit role.

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Suitability - Who should attend?

  • Newcomers to internal audit and those with less than 2 years experience.
  • Personnel returning to internal audit after a number of years
  • Established auditors who need practical guidance on the changing role of the function
  • Personnel from other assurance functions

Outcome / Qualification etc.

After completing this course you will be able to:

  • Apply the theory and practice of modern internal audit
  • Comply with the key aspects of the IIA professional standards
  • Plan audit assignments effectively
  • Work with other assurance providers to coordinate your efforts
  • Develop testing plans to ensure optimum coverage
  • Plan pre-meetings, audit interviews and clearance meetings with confidence
  • Recognise the key steps to audit independence
  • Write efficient and effective audit reports

Training Course Content

Day 1: The internal audit role

  • What is Internal Audit?
  • Audit Skills
  • The Internal Audit Role
  • Audit assignment planning
  • The audit in practice
  • Audit testing

Day 2: Delivering an audit assignment

  • Audit tools and measures
  • The Audit Report
  • How to write an effective report
  • Getting commitment to action

Course delivery details

The course will consist of three 1.5 hour sessions each day.

Delivery method – On-line-live (with exercises and role-plays to simulate audit scenarios and situations that new auditors will encounter)

Expenses

Course fee: GBP 450 (US$ 578) which includes comprehensive course materials.

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