Internal Auditing: A Risk Based Approach

(21 customer reviews)
by

The Internal audit function plays a crucial role in managing and mitigating an organisation’s risks. This course provides insight into this area and teaches you the key elements in planning, executing, and reporting on internal audit assignments.

£150 +VAT

4 CPD hours

365 days’ access

Use ACPD101 for 10% off any purchase.

Internal Auditing: A Risk Based Approach

(21 customer reviews)

£150 +VAT

4 CPD Course

365 days’ access

Use ACPD101 for 10% off any purchase.

Internal Auditing: A Risk Based Approach

(21 customer reviews)

This course is not currently available. To find out more, please get in touch.

This course will enable you to

  • Identify the key elements of internal audit and the associated standards
  • Plan and execute an internal audit assignment and design an audit programme
  • Understand the responsibilities of the internal auditor with regards to fraud and how to identify fraud
  • Report on an internal audit assignment and the key factors to consider when sharing these

About the course

Internal audits play a crucial role in managing an organisation’s risks and mitigating these to avoid disastrous consequences. But what makes an effective internal audit function and how can you make this work in your organisation?

In this course you will discover the key principles and standards associated with internal audits, along with how to identify and act on fraud. Learn about how to plan, execute, and report on internal audit assignments and the key factors to consider at each stage.

Contents

The key elements of internal audit

The role of the internal audit
Internal audit standards
Risk-based internal auditing
Strategic and annual planning
The impact of internal audits
The role of the internal audit charter
Ethics and professional development
The rules of internal auditing

Planning an internal audit assignment

A general approach to planning
The importance of objectives
Internal vs external
Undertaking a preliminary assessment
Designing audit programmes
Resourcing an assignment
Planning, objectives, and resources

Executing an internal audit assignment

Supervising assignments
Collecting information
Analysis and evaluation – and how one feeds the other
Applying considerations and documenting results
Fraud and internal audits
Fraud and the responsibilities of the internal auditor

Reporting on an internal audit assignment

The key elements of an internal audit report
Getting reporting right
Conclusions and recommendations
Recommendations are key
Finalising and sharing reports
The importance of objectives
Following up: a crucial stage
Lessons learnt

Author

Wayne Bartlett

Wayne Bartlett

Wayne is an internationally acclaimed speaker and trainer on all aspects of public and private sector accounting and auditing standards. He has been instrumental in helping to develop the profession internationally and has taken lead roles in the development of new professional bodies and the accounting profession in Mozambique and Rwanda, and been extensively involved in developing financial reporting in many countries across the globe.

21 reviews for Internal Auditing: A Risk Based Approach

  1. Mireia Corredor Marcos –

    Good refresher course. Thanks for the good job.

  2. David Hogan –

    Excellent summary of all the key issues related to Risk Based Auditing

  3. Barnabas N Sangma –

    The course was comprehensive and informative

  4. Milena Andreeva –

    Very clear and informative CPD. I really employed it and I am taking away very clear understanding what Internal audit is.

  5. Ofentse Kgaogano –

    A very good course for Internal Auditors without the CIA qualication or other relevant qualifications. I expected a test/exam of some sort at the end though.. before obtaining the certificate

  6. Zammak Tughral –

    Very good and informative.

  7. David Ray –

    It covered off what is expected and provide a framework which is useful for participants.

  8. Christian Pace –

    great course

  9. Kalia Nicolaou –

    The course is descriptive on Internal audit department role and reporting in a very explicit manner.

  10. Scott Carrington –

    Very informative.

  11. Thomas Fitzgerald –

    Very informative, laid out concisely to easily follow. Can utilise findings in work environment.

  12. Sam Coppock –

    great overall summary

  13. Wendy Zialor –

    Course is very good and concise. It covers the general requirements for a course on internal audit. I have learn quiet a lot on internal audit

  14. Swathi Pativada –

    Example templates can be added and explained in the course module material

  15. Colm Jennings –

    Excellent course and exactly the refresher I needed as I am taking on a larger role within my organisations internal audit. Particularly in managing the internal audit contract and implementation of internal audit recommendations.

  16. Anne Vasilache –

    recap things, refocus

  17. Fung Lan Ho –

  18. Esdras Ngayabatinya –

    It will help me while doing Internal audit by applying what I have learned

  19. Venita M.E. Farrell-Cabey –

  20. Emily Lee –

  21. Susan Kenaope –

    Gave me more insight

Add a review

Your email address will not be published. Required fields are marked *