Excellence in Corporate Internal Auditing and Fraud Control Workshop

The workshop will highlight current trends and practices in corporate in internal auditing. Issues to be discussed include:

• The wider scope of roles and responsibilities of a modern internal auditor.
• Audit planning methods
• Systems documentation review and upgrading
• How to write an effective audit report
• How the internal auditor should relate to managers in other departments as well as the external auditors.
• Computer auditing techniques
• Financial Investigations
• The vexed issue of corporate fraud: Types, Causes, Detection and Management
• The internal auditor as the watchdog of management and the issue of independence of the internal auditor.
• Challenges of the future.

Partial Content:

• Fundamentals of Pro-Active Internal Auditing
• Widened scope of duties and responsibilities of today’s internal auditor
• Relationship of the internal audit department and other department and other department and other departments
• Relationship between internal auditors and externals auditors
• Peculiarities of public sector auditing: public accounts committee, the alarm system, the auditor general’s role etc.
• The audit committee and the internal auditor.
• Internal audit as a cost tool
• Independence of the internal auditor.

Audit Planning Methods

• Principles governing an audit: integrity, objectivity, independence, and confidentiality.
• Confidentiality etc.
• Assessment of existing controls and inherent risk
• Preparation of the audit programme
• Audit working papers: audit manuals, programme documents etc.
• Adequate staffing for the audit function
• The audit supervision chain

Enthroning a Fraud Preventive Internal Control System

• Definition of internal control system
• Internal control systems and procedures
• Systems documentation process
• Process and to plug identified loopholes.
• System upgrade: to cover anticipated areas of deficiency.
• Emerging trends and challenges