5 Topics
5 Days
Programme Overview
Training Description
Who should attend
This course is ideal for;
1.Audit Professionals
2.Risk & Compliance
3.Financial Oversight
4.Governance & Board Members
5.Global & Local Training Providers
6. Professional Bodies
Session Objectives
- Restructure data into appropriate tables to ensure data dependency and minimize redundancy
- Write queries to analyse and summarize data
- Create and revise macros
- Customize reports
- Maintain databases using Microsoft Access tools
- Build and work with online databases.
- Create and publish web databases.
- Save a changed database to the web.
- Learn keyboard shortcuts and access keys.
- Learn to work with security protocols
About the Course
Internal Audit and Control is a critical function within any organization, serving as an independent and objective assurance and consulting activity designed to add value and enhance an organization's operations. This function is vital in both corporate and public sectors, where internal audits play a key role in detecting and preventing fraud, testing internal controls, and monitoring compliance with company policies and government regulations. The Internal Audit & Control Best Practices course is a highly interactive program that equips participants with the knowledge and skills needed to understand the internal control environment and the roles of various stakeholders in monitoring, evaluating, and implementing internal control best practices. By mastering these concepts, participants will be able to perform internal control risk assessments that support the organization's strategic objectives, improve sustainability, and strengthen the organization's ability to face future challenges.
Curriculum & Topics
5 Topics | 5 Days
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Subtopic 1.1:
Definition of internal auditing
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Subtopic 1.2:
Roles and responsibilities of internal auditors
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Subtopic 1.3:
Relationships of the internal auditor with the Board of Directors, Senior Management, and the Audit Committee
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Subtopic 1.4:
Types of engagements: Assurance and Consulting
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Subtopic 1.5:
Types of audits: Operational, Financial, and Compliance
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Subtopic 2.1:
Developing an engagement plan: considerations, objectives, scope, and risk-based internal audit engagements
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Subtopic 2.2:
Allocating resources for engagements
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Subtopic 2.3:
Developing the work program
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Subtopic 2.4:
Tools and techniques for performing engagements
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Subtopic 2.5:
Communicating engagement results
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Subtopic 2.6:
Evaluating the audit performed
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Subtopic 3.1:
Organizational governance principles
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Subtopic 3.2:
Corporate governance frameworks, codes, and legislation
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Subtopic 3.3:
Role of the Audit Committee and internal auditing
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Subtopic 3.4:
Understanding risks and controls
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Subtopic 3.5:
Enterprise Risk Management (ERM) methods, processes, and structures
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Subtopic 3.6:
Relationship between internal audit and risk management
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Subtopic 3.7:
Various risk assessment processes and methodologies
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Subtopic 3.8:
Control frameworks and procedures
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Subtopic 4.1:
Identifying and communicating reportable items
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Subtopic 4.2:
Methods for effective reporting
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Subtopic 4.3:
Attributes of effective reporting and key summary reporting
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Subtopic 4.4:
Quality assurance in reporting
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Subtopic 4.5:
Disclosing non-compliance issues
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Subtopic 4.6:
Using the term "conducted in accordance with…"
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Subtopic 4.7:
Obtaining sufficient evidence to form an opinion
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Subtopic 4.8:
Follow-up processes
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Subtopic 5.1:
General understanding of organizational ethics
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Subtopic 5.2:
The role of internal auditing in promoting ethics
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Subtopic 5.3:
Internal auditing's role in fraud prevention, detection, and investigation
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Subtopic 5.4:
Case studies on ethics and fraud
