Internal Audit: a Guide for Management

Internal Audit, Risk Management, Compliance, Governance, Internal Controls, CIA, Audit Report, Audit Charter, IIA

What you'll learn
- What is Internal Auditing: understanding the principles and vocabulary
- The goals and scope of Internal Auditing
- The role and position of Internal Auditing within the Governance, Risk Management and Control structure
- The fundamental differences between external and internal auditing
- What are the professional standards that govern Internal Auditing
- How to ensure independence and objectivity of the Internal Audit function
- The sourcing and funding models of an Internal Audit function
- How to set up an effective Internal Audit function
- What is the Internal Audit Charter
- Internal Audit processes and methodology
- Hot to interpret Internal Audit reports
- What are the benefits and value added of Internal Auditing
- The outlook and future developments of Internal Auditing

Requirements
- No specific requirements but understanding the principles of governance, risk management and finance will be beneficial.

Description
This course has been designed forprofessionals in various real-life situations, who are not necessarily specialists in internal auditing, but who need and wish to obtain a concise and structured understanding of internal auditing.

First, it is made formembers of the board of directors and management of organizations at various levels. For example, you are a member of the board of directors or an audit committee of an organization and you are responsible for the oversight of the internal audit function. Or your company wishes to outsource an internal auditing function and you need to understand the criteria to properly procure the service. Or, you are preparing for a promotion or for a temporary assignment with the internal auditing function.

The second target audience isprofessionals changing careers who are considering a career in internal auditing.

It will also benefitthose preparing for the Certified Internal Auditor exams. If you are preparing for the CIA exams, especially at the end of your preparation, you wish to go through additional materials which might look at the topic from a different angle, or from a more practical perspective.

In this course, you will learn about:

Thedefinition and scopeof internal auditing;

Theprofessional standardsthat govern internal auditing;

How does internal auditoutsourcing and co-sourcingwork;

What are the main elements of the internal auditprocess and methodology;

How to structure and/or understandinternal audit engagement reports;

Theevolving role and future outlookof internal auditing.

I invite you to watch thepromo videoof the course for more information!

Who this course is for:
- Management of organizations at various levels who need to ensure compliance with Internal Auditing requirements
- Professionals changing career who are considering a career in Internal Auditing
- Those preparing for the Certified Internal Auditor exams
More Info