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An introduction to internal auditing

Presented by: Stephen Maycock and Graham Westwood

As the profile of internal audit continues to rise, so do the expectations placed upon it and this is why it is important to understand the fundamental role requirements. This practical course will guide you through the principles and techniques of internal auditing to help you plan and perform internal audit work in line with the latest standards and best practice.

Interested in taking the course in Ireland?

Click here for details


Who should attend?

This course is open to all.


What will I learn?

Upon completion you will be able to:

  • understand the organisation, planning and control of internal auditing
  • relate to the current philosophy and practice
  • realise and manage the behavioural implications of internal auditing
  • appreciate the essential techniques to be used.

Course programme

Internal audit role and objectives

  • defining internal audit
  • standards and guidance.

Internal audit approaches

  • compliance auditing
  • systems based auditing
  • alternative approaches.

Planning internal audit work

  • internal audit charter and universe
  • external influences
  • strategic, annual and assignment planning.

Risk, control and governance

  • defining risk
  • internal control
  • corporate control strategies
  • corporate governance
  • Control and Risk Self Assessment (CRSA).

Control evaluation

  • control objectives
  • types of controls
  • evaluation tools and techniques.

An overview of IT auditing

  • IT audit areas
  • IT risks and controls
  • internal audit use of IT.

 Relationships and communication

  • internal audit stakeholders
  • building relationships.

Features of interviewing skills

  • types of interview
  • essential elements
  • questions
  • note taking aspects
  • body language.

Testing, sampling and working papers

  • testing framework
  • compliance and substantive tests
  • working paper strategy
  • working paper exercise.

Internal audit reporting process

  • reasons for reports
  • marshalling information
  • word choices.

Risk management and internal audit

  • the process
  • role of internal audit
  • ERM and RBIA
  • problem areas.

Fraud and the internal auditor

  • what is fraud?
  • involvement of police
  • a fraud policy
  • role of internal audit.      

Quality control of internal audit

  • opening exercise
  • qualitative aspects
  • performance measures
  • quality standards for internal audit.

CPE competency areas covered

  • IPPF
  • Governance, risk and control

21 CPE points


This is a 3-day residential course that includes two night's accommodation and meals and refreshments throughout.


Full price

Member: £1935 + VAT
Non-member: £2150 + VAT

SAVE £300 when you book this course 3 months in advance

Date/Info

Date:

09 - 11 February 2021

Time:

09:00-17:00
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