* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
The internal audit function helps the company’s administrators and managers identify risks, evaluate and design the implementation company’s processes, and make recommendations for improvement. An audit universe represents the potential range of all audit activities. It includes all the business units, processes, and operations that can be audited. The term is very wide and covers a wide range of aspects that contribute to the achievement of the department’s strategic objectives. In this course, you will be aware of the coverage of this term and will know the steps of this process. The course also covers process auditing. This will help you manage all the activities and resources you have effectively and efficiently.
What Do Participants Learn?
Understand the scope of the audit universe
Evaluate and promote your employees' performance of their duties
Provide direct assistance in the form of audit reports
Steer the company to meet its objectives
Open the eyes of the management of improvement opportunities
Understand the difference between procedure auditing and process auditing
Be able to write various auditing reports
Who Should Attend?
Members of Board of Governors
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Risk and audit universe
Definition of the audit universe
Terms of reference
Categories of auditable units
The audit plan
Deciding on audits
Sketching audit universe
Defining objectives universe
Approaches and process
Audit engagement plan
Risk assessment and prioritization
The departmental corporate risk profile
Follow-up and monitoring audits
Audits from other assurance providers
Chief audit executive’s annual overview report
Draft audit report
Distribution of the audit report
Develop risk universe
Methods for generating risk universe
Validate audit universe
Definition of process auditing
The need for process auditing
Procedure audit vs. process audit
Process Input-Output Model
Control of non-performing product
Continual improvement of the quality management system