Developing, Improving and Monitoring Internal Audit function

Effective auditing reduces risk and improves procedures, efficiency, and profitability. The development, improvement, and monitoring of a highly integrated, internal audit function are essential for the continued financial success, stability, and growth of world-class organizations.

Delegates upon attending this course will have the desire to improve their organizations' audit function.

Who should attend?

Accounting and financial professionals, senior managers that may interface with the daily functioning of an internal audit department, and non-financial professionals who may be appointed to interface with an Internal Audit Committee.
 

Course Outline

Delegates will gain knowledge and skills to:

• Understand audit risk and efficiently plan, control, and record an audit assignment
• Undertake various types of audit 
• Conduct efficient Audit Exit Conferences and Post-Audit Reviews
• Understand the role of an Internal Audit Department 
• Evaluate the effectiveness of Internal Controls and Security Policies
• Easily recognize the areas in an organization that are most vulnerable to fraud
• Employ techniques and tools required to support an investigation in a computerized
  environment
• Understand Generally Accepted Auditing Standards (GAAS), principles, and international
  audit standards
• Identify risk analysis applications and fraud-related issues
• Report on and validate audit reports and present information for legal use