Course Description

Synopsis:

This e-learning course is designed to provide participants with a comprehensive understanding of internal audit and the strategies necessary to enhance organisational efficiency and accountability. 

Spanning two-part sessions, the course delves into the foundational principles, standards, and best practices of internal audit. Participants will learn how to effectively plan, conduct, and report on internal audits, with a strong emphasis on risk management and practical applications. Participants will also gain the skills and knowledge to conduct effective internal audits that drive continuous improvement and organisational success.

Part 1 of this course will cover introduction to internal audit, standards and processes.   

Module 1: Introduction to Internal Audit

• Overview of Internal Audit
• The Role of Internal Audit
• The Public Sector Accountability Framework
• The Internal Audit Process

Module 2: Internal Audit Standards and Best Practices

• International Professional Practices Framework (IPPF)
• International/Singapore Standards on Auditing (ISA/SSA)
• Best Practices for Internal Audit
• Public Sector Forums

Part 2 of this course will cover the risk management aspect in internal audit and conducting of internal audits. Don't forget to watch the Art of Internal Audit for the Public Sector (Part 2) .

Intended For:

• Audit Professionals / PAIP
• Public Sector Finance

This module will be particularly relevant to: 

• Public sector officers who are working in finance, internal audit, procurement, risk management and financial governance domains

• Audit and consulting firms that provide financial, internal audit, external auditor and risk assurance services to Government Ministries, Statutory Boards and third parties who act as agents of the Government in their service delivery to public sector agencies.

Competency Mapping: 

• CPE Category 3 = 1.0 CPE Hour