INTERNAL AUDIT

There is an increasing realisation of the contribution to be made by a professional and effective internal audit unit. Stakeholders are demanding a breadth of expertise far beyond traditional compliance and financial matters that embrace control assurance, risk management and governance. This practical course, organised by Crown Agents in association with CATS International, takes participants from any sector through the principles, practices and techniques of modern internal auditing. It provides guidance on performing audit assignments in line with the latest standards and current developments.

Who is the course for?

Internal auditors, audit managers and others in the public, private and voluntary sectors, who are seeking to enhance their skills and bring their knowledge and techniques up to date. It will benefit those who wish to benchmark their procedures against international best practice and those charged with creating or directing an internal audit service.

What will you learn?

You will be able to:

	review and modernise your approach to internal audit services
	improve assignment performance
	improve your effectiveness in reporting results and achieving improvements
	enhance your advice on current issues

Course Profile

The following areas will be covered:

The Principles and Environment of Internal Audit

	internal audit in context, current issues and initiatives, audit post Worldcom and Enron
	audit appraisal and assurance mechanisms
	nature and objectives of internal audit
	essential internal audit principles
	guidance on the revised IIA standards

Internal Audit Practices and Techniques

	the scope, approaches and methods of audit work
	risk-based auditing and the systems approach
	planning assignments, ascertaining and documenting the system, risks and controls and testing
	preparing working papers and acquiring evidence
	evaluating and reporting findings
	follow-up, improving results

Applications and Special Topics

	auditing strategic and operational systems
	value for money and performance audits
	capital project, procurement, treasury audits
	auditing aid funds
	governance and business entity
	fraud prevention and investigation
	risk management and control self-assessment
	environmental, social responsibility audits Auditors’ Attributes and Skills
	establishing, improving and managing an internal audit function, controlling quality
	audit staffing and training
	behavioural aspects of auditing
	developing personal skills and competencies
	interviewing, report writing and presentation skills
	negotiation, persuasion and change management

Benefits to you and your organisation

You will be able to update your approach to internal audit and reflect the latest thinking in your audit activities. You will gain from being able to exchange views and ideas with participants and experts from other countries who may be facing similar challenges to you.

To book a place on this course, please download a copy of the booking form (pdf, 26KB ) and send this direct to Crown Agents at the address shown on the form.