Modernizing the Internal Audit function, Procedure & Control

Modernizing the Internal Audit function, Procedure & Control

OBJECTIVES

This workshop addresses the key points and steps in research, prepare and implement to ensure that internal audit department improved the management; internal control processes and thereby adds value to its organization. It also teaches participants the capacity to develop and improve the auditing function in their respective organizations in order to adopt and maintain international standards of auditing, offer an upgraded level of service to financial institutions through quality of information, and gain public confidence in the auditing process.

WHO SHOULD ATTEND?

All Internal Auditors, IT Personnel, IT Managers, Supervisors, Business Analysts, Data Mining in the Public and Private Sectors.

COURSE OUTLINE

Overview of Internal Audit

– Defining Internal Audit

– Functions of Internal Audit Department

– Role of Audit Committee

– Selecting and Staffing Internal Audit Function

 Mandatory Guidance

– Core Principles

– Audit Standards

– Code of Ethics

– Recommended Guidance

Audit Project Planning

– Plan an Audit Project

– Creating Audit Engagement Plans

– Performing the Work

Risk Assessment/Control Evaluation

– Major Risk and Control Frameworks

– Risk Management Principles

– Internal Audit’s Engagement

Corporate Governance

– Corporate Governance

– Compliance/Ethics

– Coso Internal Control

Internal Auditing (IA) Today

– Ideas to enhance IA Innovation

– Auditing Strategic Initiatives

– Emerging Issues and Innovation

– Challenges that IA could experience