Internal Audit Best Practices and Principles

This workshop will take you through emerging trends and techniques in the internal audit world.

CONTENT

* Audit Report Writing

  - Auditor Guidance

  - Audit Report Structure

  - Executive summary components

  - Report optimization

* Fraud Red Flags

  - Financial Reporting/close cash

  - Revenue/Accounts receivable

  - Payroll

  - Purchasing/cash disbursement

* Integrated Auditing

  - Audit process similarities

  - Elements of Preliminary work

* Control Best Practice

  - Internal controls

* Interviewing

  - Interview management

  - Managing yourself

  - Personalities

* Optimization Audit Best Practices

   - Segregation of duties

  - Optimization Assessment

* Professional Ethics

  - Key influences on ethical

  - Complex ethical decisions

  - Famous ethical decisions

FOR WHOM: Audit staff and Managers who want to be able to add more value to their organization

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.