SCHEDULE
| Dates | Venue | Category |
| 27 February-3 March 2023 | Kuala Lumpur – Malaysia | Audit-Risk Management |
| 6-10 March 2023 | Bangkok – Thailand | Audit-Risk Management |
| 20-24 March 2023 | Port Moresby – Papua New Guinea | Audit-Risk Management |
INTRODUCTION
There has probably never been a more important time to have a strong, professional Internal Audit function. The function is now required to provide a much more significant level of assurance. It therefore needs to shake off it’s traditional historic focus.
This Adding Value in Internal Audit training course will enable your Internal Audit function to be transformed into a modern, proactive, and future- focused business partner. It will enable the function to be guided by a philosophy of adding value to promote positive change and improve the operations of the organisation.
BENEFITS OF ATTENDING
Upon the completion of this training, participants will be able to:
- Benchmark your IA function against worldwide best practice
- Make the transition from a good function to a great one
- Deliver measurable added value
- Deal with the challenges of consultancy
- Audit Corporate Governance with confidence
- Deliver stakeholder assurance more effectively
- Engage more positively with senior management
WHO SHOULD ATTEND?
- Heads of Audit
- Audit managers or those about to be appointed to this level
- Audit supervisors
- Managers of other assurance functions such as Compliance or Quality Assurance
- Senior Management
COURSE MODULES
Session 1: Internal Audit Best Practice
- Ensure IA is seen as an agent for positive change
- Meeting the challenges of the new IIA standards
- The significant changes in the Internal Audit role
- The need to recognise audit risk
- Building a world class team
- Marketing the IA activities
Session 2: The Value for Money (VFM) Approach
- What is VFM?
- The Power of VFM auditing
- The 3 E’s (Efficiency, economy and effectiveness)
- VFM audit techniques
- Performance measurement
- Case Studies
Session 3: Adding Value by Focusing Audit Activities
- Focusing attention on the activities with potential to add value
- Auditing Third Party activities
- Outsourcing reviews
- Managing the added value audit process
- Continuous auditing
- Assurance Mapping
Session 4: Corporate Governance – the Added Value Approach
- The key aspects of CG
- Auditing the key aspects of Corporate Governance
- Developing proactive Audit Committee relationships
- Auditing Corporate Social Responsibility and Ethics
- How to understand and exceed stakeholders’ expectations
- Auditing new areas such as Social Media
Session 5: Auditing the More Complex Added Value Topics
- Information security
- Systems under development
- The web site and external communications
- IT projects
- Business Continuity Management
- Brand and reputation management