Internal Auditing is an essential and integral function of all leading international companies. A well designed and effective internal audit system will not only provide verification and support the accounting and financial policies, procedures and controls are working adequately, it will also ensure efficient and effective processes and procedures. Internal auditing is essential to improve performance and profitability protecting both the company and its employees. All organizations require an appropriate system of internal controls to protect itself from the growing risk of fraud. Delegates attending this Coventry Academy training course will have the learn how to develop and/or improve their existing audit function and how to monitor policies, procedures and financial transactions and assets to international standards thereby securing continued financial success, stability and growth of world-class organization.
Quais são os objectivos?
By attending this Coventry Academy training course you should achieve these goals:
Understand the Role and Function of an Internal Audit Department
Evaluate the Effectiveness of the Existing Internal Audit Function
Recommend Improvements to the Existing Audit Function
Monitor the Effectiveness of Policies, Procedures and Financial Transactions to International Standards
Understand Audit Risk and Efficiently Plan, Control and Record an Audit Assignment
Conduct Post-Audit Reviews and Compile Internal Control Updates for Boards of Directors
A quem se destina este curso de formação?
This Coventry Academy training course is designed for a wide range of professionals involved in the budget process, including, but not limited to:
Senior and Middle Management that Communicate with the Internal Audit Department
Audit Management and Staff Who Wish to Develop Their Audit Skills
Financial and Non-financial Professionals Who May be Appointed to Support or Interface With an Internal Audit Committee
Non-Financial Professionals Whose Role is Subject to Audit
Team Managers and Supervisors
Descrição do curso
Day One: Internal & External Auditing and the Role & International Standards of the Internal Audit Department
Defining the Distinctions and Responsibilities between Internal and External Auditors
Identifying the Internal Audit Staff Positions
Identifying Internal Audit Staffing Requirements
Techniques for Ensuring Credibility for the Internal Audit Team
Developing the Audit Committee Charter for a Board of Directors
Review of Statements on International Auditing Standards Update and General Auditing Practice Issues
Day Two: Examining & Understanding the Differences between Various Types of Audits, including Risk Factors
Fraud and Forensic Audits
Compliance Audits
Operational Audits
Information Systems Audits
Financial Audits
Risk Factors & Audit Risk Alerts
Day Three: The Audit Process, Programs and Planning & Commencing Internal Audit Examinations
Developing Streamlined Processes for Conducting Internal Audit Examinations
Identifying Effective Audit Programs for the Various Types of Audits
Risk-Based IT Audit Procedures
Key Considerations for your Internal Audit Plan
20 Questions Directors Should Ask about Internal Auditing
The Audit Commencement Conference Meeting
Day Four: Fieldwork: Internal Audit Examinations, Controls & Documentation