BACK TO BASICS
(1 - 2 Days)

 

This seminar, “Back To Basics” will focus on improving the overall effectiveness of the internal audit group, including adding value to the organization.

 

Emphasis is placed upon various aspects of internal auditing.  The primary objective of the seminar is to develop the sound foundation that is needed in order to become successful in the internal audit profession.

 

Expectations at the conclusion of the seminar: being capable of designing and implementing an effective, correctly focused, risk-driven audit plan.

 

Discussions will include:

 

The internal auditor taking on a new perspective

The skill sets, attributes and disciplines needed by the internal auditor

Gaining an understanding of the business; the value of "Analytics"

Management process and responsibilities

Overview of the audit process

Types of audits – comparisons

Business goals and objectives – understanding, identifying, evaluating and auditing, including analyzing key business processes and activities

Audit program – designing and developing audit tests

Audit evidence and data gathering techniques – types and rules of audit evidence; means of collecting audit evidence

Interviewing techniques

Listening skills

Business risks – being risk driven with emphasis upon the micro risk assessment process

Audit risks

Controls – key factors and considerations

Controls and risks – balancing; using a matrix approach

Reporting to management