DUE PROFESSIONAL CARE

 

(Being Proficient & Exercising Due Professional Care)

 

Seminar

 

 

Proficiency and Due Professional Care – what is it all about?

 

Exercising care and skill expected of a reasonably prudent and competent internal auditor

Performing engagements with proficiency and due professional care

Possessing the right knowledge, skills, and other competencies needed

Department collectively possessing or obtaining the knowledge, skills, and other competencies needed

Identifying, investigating and reporting fraud

Enhancing knowledge, skills, other competencies through continuing professional development

 

Internal Audit Profession of Tomorrow

 

Being futuristic

Different focus

Different type of auditor

Becoming a different YOU; becoming the best; re-thinking & re-designing

 

Skill Sets

 

Skills needed by the 21^st Century Internal Auditor

Your “Tool Box” vs. expectations

 

Responsibilities of the Internal Auditor

 

Knowledge of the Standards (overview)

Code of Ethics

 

Audit Evidence

 

Rules

Standards

Types

Data gathering techniques

 

Audit Tests

 

Developing

 

Audit Findings

 

Developing

Reporting

 

Working Papers

 

Techniques

Preparation, completeness, etc.

 

Audit Engagement

 

Planning

Audit Program

Performing (identify, analyze, evaluate, and record sufficient information)