The Board and Audit Committee Advanced Internal Auditing

The Board and Audit Committee Advanced Internal Auditing

Introduction:

This course is introduced to you by the International Academy of Human Resources Development (IAHRD). Our courses are specially designed to meet your needs, explained to you by experts with a long experience in the field.

The profession of internal audit is fundamentally concerned with evaluating an organization's management of risk and providing assurance to top management. An internal auditor’s knowledge of the management of risk enables them to act as consultant and catalyst for improvement in an organization's practices.By reporting to senior management that important risks have been evaluated, and by highlighting where improvements are necessary, the internal auditor helps senior management to demonstrate that they are managing the organization effectively on behalf of their stakeholders.

Objectives:

After attending this course, participants will be able to:

1. Understand and appreciate the benefits of AI and what can it deliver.
2. Obtain a better level of assurance from their IA function.
3. Challenge the IA team to provide a broader coverage of key risks.
4. Appreciate how IA can assist you in meeting stakeholder requirements.

Content:

Module 1:

1. Important perceptions in Internal Auditing.
2. The basics of Internal Auditing.
3. How does it help?

Module 2:

1. Relationships with the board and Internal Audit (IA)
2. The audit committee and Internal Audit relationship.
3. The need for IA to engage senior management.

Module 3:

1. Preparing an audit report.
2. IA relationship with the board and audit committee.
3. Logical thinking and meeting the stakeholders expectations.

Module 4:

1. Transforming commitments into actions.
2. The role of IA in risk and governance
3. Corporate governance and the role of IA.

Module 5:

1. Risk management and Internal Audit.
2. Risk attitude.
3. IA and the consultancy role.
4. Recommendations .
5. Case study.

Who Should Attend?

1. Board Members
2. Audit Committee
3. Senior Management
4. Interested candidates.