Fundamentals of Internal Auditing

In this workshop, you will learn the concept of traditional and operational auditing and proven tools and techniques for performing effective audit. You will gain a solid background in the basics of documenting evaluating internal control /field work techniques. Using specifically formulated case exercise, you will examine the critical element of modern internal audit: assessing risk, designing flexibility into the audit program, and applying audit result to solve business problems. You will come away from this session with the ability to perform more meaningful examinations, and to write clearer reports.

CONTENT

- The role of internal auditing

- Internal Auditing Standards

- Risk assessments

- Planning and preliminary fieldwork

- Documenting an internal control

- Audit program/ Audit Planning

- Field work techniques and application

- Effective communication strategies

- Information system audit

FOR WHOM:

Internal Auditors desirous of adopting modern internal auditing techniques in their workplace.

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.