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 2 of this course will focus on the risk management aspect in internal audit and the execution of internal audits.

Module 3: Risk Management and Internal Audit

• Overview of Risk Management
• Relationship between Enterprise Risk Management (ERM) and Internal Audit
• Techniques for Identifying and Assessing Risks
• Developing Effective Risk Management Strategies

Module 4: Conducting Internal Audits

• Planning and Preparing for Internal Audits
• Conducting Fieldwork and Collecting Audit Evidence
• Analysing and Interpreting Audit Findings
• Communicating Audit Results and Recommendations

Part 1 of this course will cover introduction to internal audit, standards and best practices. Don't forget to watch in Art of Internal Audit (Part 1) [ACC_ADT027i].

Intended For:

• Audit Professionals / PAIP
• Finance Professionals/ PAIB

This module will be relevant to professionals from audit and consulting firms that provide financial, internal audit, external audit and risk assurance services.

Competency Mapping: 

• CPE Category 3 = 1.0 CPE Hour