Workshop Advanced Internal Audit

Introduction

The Advanced Internal Audit Workshop is a comprehensive 5-day program designed to enhance the skills and knowledge of internal auditors, risk management professionals, and financial analysts. This workshop aims to provide participants with advanced techniques and tools required to excel in the field of internal auditing. It is structured to cover a wide range of topics that are essential for professionals looking to take their internal audit capabilities to the next level.

Course Objectives

• Enhance Audit Skills: Develop advanced auditing skills, including risk assessment, data analysis, and audit planning, to perform more effective and efficient internal audits.
• Understand Emerging Risks: Stay updated on the latest industry trends, regulatory changes, and emerging risks that may impact internal audit practices.
• Implement Advanced Audit Techniques: Learn and apply advanced audit techniques such as data analytics, continuous auditing, and forensic audit procedures.
• Strengthen Governance and Compliance: Gain insights into corporate governance, compliance frameworks, and best practices to ensure organizational compliance and mitigate risks.
• Improve Communication: Enhance communication and reporting skills to effectively convey audit findings, recommendations, and insights to stakeholders.
• Optimize Audit Technology: Explore the use of audit management software and other advanced technologies to streamline audit processes and increase efficiency.
• Develop Soft Skills: Develop leadership, critical thinking, and problem-solving skills to effectively lead audit teams and navigate complex audit scenarios.
• Networking: Build a professional network with fellow auditors and industry experts for knowledge sharing and career advancement.

Course Outlines

Day 1: Fundamentals of Advanced Internal Auditing

• Introduction to advanced internal auditing.
• Role of internal audit in risk management.
• Audit methodologies and standards.
• Planning and scoping advanced audits.

Day 2: Risk Assessment and Audit Planning

• Advanced risk assessment techniques.
• Audit program development.
• Data analytics for risk identification.
• Audit planning for complex environments.

Day 3: Audit Execution and Data Analysis

• Advanced audit testing methods.
• Continuous auditing and monitoring.
• Data analysis tools and techniques.
• Fraud detection and forensic auditing.

Day 4: Governance, Compliance, and Ethics

• Corporate governance and internal controls.
• Regulatory compliance frameworks.
• Ethical considerations in internal auditing.
• Audit of compliance and ethics programs.

Day 5: Reporting, Communication, and Leadership

• Effective communication of audit findings.
• Reporting best practices.
• Leading audit teams and managing conflicts.
• Building a career in advanced internal auditing.