Monitoring and Developing the Internal Audit Function

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • June-17-2024

    Kuala Lumpur

  • July-15-2024

    Kuala Lumpur

  • Aug-19-2024

    Kuala Lumpur

  • Sep-16-2024

    Kuala Lumpur

  • Oct-21-2024

    Kuala Lumpur

  • Nov-18-2024

    Kuala Lumpur

  • Dec-16-2024

    Kuala Lumpur

Dates in Other Venues

  • June-17-2024

    Istanbul

  • June-24-2024

    Paris

  • June-24-2024

    Singapore

  • July-01-2024

    Dubai

  • July-01-2024

    Barcelona

  • July-08-2024

    Amsterdam

  • July-08-2024

    London

  • July-15-2024

    Istanbul

  • July-22-2024

    Singapore

  • July-22-2024

    Barcelona

  • July-29-2024

    Paris

  • July-29-2024

    Dubai

  • Aug-05-2024

    Barcelona

  • Aug-05-2024

    Dubai

  • Aug-12-2024

    London

  • Aug-12-2024

    Amsterdam

  • Aug-19-2024

    Istanbul

  • Aug-26-2024

    Paris

  • Aug-26-2024

    Singapore

  • Sep-02-2024

    Barcelona

  • Sep-02-2024

    Dubai

  • Sep-09-2024

    London

  • Sep-09-2024

    Amsterdam

  • Sep-16-2024

    Istanbul

  • Sep-23-2024

    Singapore

  • Sep-23-2024

    Barcelona

  • Sep-30-2024

    Paris

  • Sep-30-2024

    Dubai

  • Oct-07-2024

    Barcelona

  • Oct-07-2024

    Dubai

  • Oct-14-2024

    London

  • Oct-14-2024

    Amsterdam

  • Oct-21-2024

    Istanbul

  • Oct-28-2024

    Paris

  • Oct-28-2024

    Singapore

  • Nov-04-2024

    Barcelona

  • Nov-04-2024

    Dubai

  • Nov-11-2024

    Amsterdam

  • Nov-11-2024

    London

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Paris

  • Nov-25-2024

    Singapore

  • Dec-02-2024

    Barcelona

  • Dec-02-2024

    Dubai

  • Dec-09-2024

    London

  • Dec-09-2024

    Amsterdam

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Singapore

  • Dec-23-2024

    Barcelona

  • Dec-30-2024

    Dubai

  • Dec-30-2024

    Paris

Course Details

Course Outline

5 days course

 

Characterising and Developing the Internal Audit Process and Establishing the Roles within the Internal Audit Dept.

 

  • Defining, developing and creating an Internal Audit Function.
  • Defining the distinctions and duties between Internal and External Auditors.
  • Identifying the Internal Audit Staff Positions.
  • Building up the Audit Committee Charter for a Board of Directors.
  • Survey of Statements on International Auditing Standards Update and General Auditing Practice Issues.
  • Recognising Internal Audit Staffing Requirements.

 

Examining & Understanding the Differences between Various Types of Audits, including Risk Factors

 

  • Operational Audits.
  • Financial Audits.
  • Compliance Audits.
  • Fraud and Forensic Audits.
  • Information Systems Audits.
  • Survey of Current Year U.S. Audit Risk Alerts.

 

Choosing, Procedural Planning & Commencing Internal Audit Examinations

 

  • Creating Streamlined Processes for Conducting Internal Audit Examinations.
  • Distinguishing Effective Audit Programs for the Various Types of Audits.
  • Assessing and Selecting Internal Audit Methodologies.
  • Notifying the Internal Auditee and Supervisors of the Internal Audit Examination and Promoting Cooperation and Assistance in Achieving Common Goals.
  • Assessing Internal Controls Systems and Accessing Network and Computer Files and Folders.
  • Effecting Changes to an In-Process Internal Audit Examination.

 

Overseeing Internal Audit Examinations & Ensuring the Credibility for the Internal Audit Team

 

  • Arranging the Audit Commencement Conference Meeting.
  • Accumulating Relevant Documentation during the Internal Audit Process.
  • Proficient Standards and Responsibilities Associated with Internal Auditing Documentation.
  • Tools and Methods for Ensuring a Smooth Audit Process.
  • Procedures for Ensuring Credibility for the Internal Audit Team.

 

Issuing Reports, Conducting Exit Conferences & Implementing Corporate Governance Policies

 

  • Communicating Audit Findings and Suggestions for Areas of Improvement.
  • Arranging the Audit Exit Conference Meeting.
  • Distributing the Final Internal Audit Report within the Organization.
  • Conducting Post-Audit Reviews.
  • Inside Controls Updates for Boards of Directors.
  • Audit Risk Developments and Projects on the Near-Term Horizon.

Course Video