* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
The Internal Audit Skills Training course focuses on meeting the ever-changing needs of the auditor in delivering an added value and quality service and will teach trainees the different types of audit and the levels of auditing available. Trainees will then learn about internal audits, audit checklists, conducting audits, corrective action and its importance and conducting audit closing meetings.
What Do Participants Learn?
Help trainees objectively review an organisation's business processes.
Train trainees how to successfully evaluate the efficacy of risk management procedures that are currently in place.
Teach trainees how to ensure that an organisation is complying with relevant laws.
Help trainees develop the core competencies they need as a capable internal auditor.
Introduce the crucial steps for conducting an internal audit successfully.
Illustrate how to protect against deception and fraud of an organisation's assets.
Help trainees analyse data and offer a more strategic input when it comes to the internal audit function.
Demonstrate how to create a systematic, disciplined approach to evaluate and enhance the effectiveness of risk management, control, and overall governance processes.
Help them focus on the critical areas of professional development that set internal audits on a journey up the value chain.
Provide expert training to help trainees earn your Internal Audit Skills Training certification that leads you to find higher-paid work and better employment opportunities with commercial and public sector organisations
Who Should Attend?
Internal Audit Skills Training Course is perfect for all those already working in this field or interested in auditing
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.
Section one: How to Get the Most from This Internal Audit Skills Training Course
Overview of the Five Tiers Audit Competency Model
Tier 1: Audit Methodology
Tier 2: Documenting Audit Results at Each Step in the Methodology
Tier 3: Project Management
Tier 4: Managing Audit Team Members
Tier 5: Managing Constituent Relations
Some Definitions before We Start
How to Effect Personal Change
The Value of Focusing on Behavior
Three Categories of Change
How Individuals React to Change
Specific Ways to Increase Acceptance of Change
Why Change Is Never Easy
Why Targeting the Right Behavioral Change Is So Important
Why Change Is Even More Difficult in Audit Departments
Keys to Achieving Sustained Change
Section two: Techniques for Planning Useful Audits
Definition and Benefits of the Critical Linkage™
Applying the Critical Linkage™
An Example of the Critical Linkage™ in Action
Audit Planning Techniques
How to Understand the Entity under Review
Where to Get Information about the Process under Review
Other Tips for Efficiency during the Planning Phase
Data-Collection Interviewing: The Funnel Approach
Putting It All Together to Set the Scope and Objectives
Managing Your Time Effectively while Planning
Estimating Time Requirements
Actions to Take for Better Estimates
Section three: Techniques for Detailed Risk and Control Assessment
Just What Is Inherent Risk?
Using the Risk Mental Model
Common Risk Categories
Tips for Analyzing the Inherent Risks
Understanding the Nature of the Risk
Risk’s Effect: Assessing a Risk’s Consequences
Prioritizing Risks: Defining the Terms
Ten Key Questions to Ask to Assess Risk
Tips for Documenting the Risks
Managing Risks Using Controls
Monitoring and Control Activities
Criteria for Assessing the Adequacy of Control Design
Types of Controls
Tips for Writing about Controls in Narratives
Section four: Testing and Sampling Techniques
Types of Testing
A Step-by-Step Approach to Developing Control Tests for
Audit Sampling Techniques
Section five: Documentation and Issue Development:
The Building Blocks for Effective Audit Reports
General, Four-Step Writing Process
General Criteria for Written Communication
Documenting the Audit: Getting Started
“Stream of Consciousness” or “Don’t Edit while Writing” Approach
Attention Grabbing Approach
Devil’s Advocate Approach
Tips for Effective Summary Writing
Guidelines for Identifying Issues
Effective Audit Documentation Techniques
Questions to Ask Yourself When Documenting Findings