The Internal Audit Champion

Internal Audit

What you'll learn

Understanding all the Internal Audit Concepts and common mistakes

Detail about the the Internal Audit Standard IPPF and its changes

Audit Planning and Risk Management

Audit Methodology and Techniques with templates

Audit Documentation and Working Papers

Communication and Reporting with templates

Audit Followups

Audit Committee and Board Interaction

Emerging Trends and Issues in Internal Audit

A-Z of Internal Audit with examples and all templates

Requirements

Basic Auditing knowledge

If you have no experience in internal audit, the course has all the guidance and workpapers for you

If you are the mid level staff of internal audit. The course contains all the relevant information and guidance for you for your career advancement

Description

The topic of this course is “The Internal Audit Champion” Internal Audit is based the IIA standard which is IPPF- International Professional Practices Framework.Like any standard, it is bit theoretical, long, and boring. I have tried to make it summarized through info graphics so that it can be easy and more interesting for you. I have tried to make internal audit practice easy for you by uploading all the templates and guidance you may need for internal audit. It range from the planning to reporting till follow up, including the RCMs and various audit program. By attending this course, you will get the access of various internal audit resources.In the end of this course, there is a guidance for the Certified Internal Auditor (CIA) - Certification and from end to end. Also, there is a dedicated guidance about the hidden research journals, best practices, templated in the iia website.The course starts from the theory from the IIA Standards and focus on the practical implementation and guidance for the best practices of the internal audit. All the required templates and reading material is available in the resource section of each presentation and there are quiz at the end to check your understanding. In the end you will get a certificate for 3 CPE Hours.

Overview

Section 1: Understanding the Essentials of Internal Audit

Lecture 1 Defining the Internal Audit - The Actual Audit

Lecture 2 Code of Ethics

Lecture 3 Proficiency and Due Professional Care

Lecture 4 The IIA Three Lines Model

Lecture 5 Internal Audit Policies and Other Documents

Lecture 6 Developing the Risk Based Internal Audit Plan

Lecture 7 How to Develop the Internal Audit Charter

Lecture 8 Reporting Lines of Internal Audit Department

Lecture 9 9. Activities Performed by Internal Audit

Lecture 10 10. Advisory Notes for Internal Auditors

Section 2: Internal Audit and Governance, Risk & Control

Lecture 11 Nature of Work - What Internal Audit Do

Lecture 12 Role of Internal Audit In Governance

Lecture 13 Role of Internal Audit in Risk Management

Lecture 14 Role of Internal Audit In Enterprise Risk Management (ERM)

Lecture 15 Role of Internal Audit in Internal Control

Lecture 16 Advisory Notes for Internal Auditors

Section 3: Planning of Internal Audit Engagements

Lecture 17 Individual Engagement Planning

Lecture 18 Audit Program Preparation and its Detail Guidance

Lecture 19 Advisory Notes for Internal Auditors

Section 4: Execution of the Actual Audit

Lecture 20 Audit Engagement Execution Process and Key Consideration

Lecture 21 Audit Evidence and Working Paper Management

Lecture 22 Advisory Notes for the Internal Auditors

Section 5: Audit Report and Exit Meeting

Lecture 23 The Details of Internal Audit Report

Lecture 24 How to Conduct Effective Exit Meeting

Lecture 25 Management Response Evaluation and Issuance of Final Report

Lecture 26 Advisory Notes for Internal Auditors

Section 6: Follow up Audits

Lecture 27 Internal Audit Follow up

Lecture 28 Advisory Notes for Internal Auditors

Section 7: Resources Available in IIA Website and Process of becoming CIA

Lecture 29 About the key available resources in the IIA Website

Lecture 30 About CIA

Section 8: Summary and Closing Remarks

Lecture 31 Summary and Closing Remarks

Internal Auditors,Beginners to Mid level Audit staff (up to 10 years of experience)