Learning and understanding the fundamentals of internal auditing is a necessary step for the new internal auditor who wants to grow quickly within the profession. This program provides an overview of the life cycle of an audit engagement, including planning, examining the internal control environment and audit governance, obtaining and presenting audit evidence, and successfully wrapping-up the engagement.
SAVE AN ADDITIONAL $150 WHEN YOU REGISTER BY Sept. 4, 2023.
Course Dates: Oct.
16, 18, 20, 23, 25 and 27, 2023
This course is intended to equip participants with the essential understanding, skills, and techniques to effectively, and confidently, complete their critical role as internal auditors. This course is designed for the new internal auditor — with 1–3 years’ experience, external auditors or regulators moving to an internal auditing role, and others who have a desire to boost their internal audit knowledge and skills, as well as their overall effectiveness within an organization.
At the end of the course participants should be able to:
- Identify the core elements of the International Professional Practices Framework (IPPF).
- Describe the components of the audit model.
- Identify the requirements of annual audit planning.
- Compare the roles and responsibilities for organizational governance.
- Identify the components of audit interviews.
- Describe best practices for conducting and documenting interviews.
- Identify the common forms used during process documentation.
- Identify risks and key controls during the risk assessment process.
- Apply the methods for obtaining and presenting audit evidence.
- Identify the best practices for selling audit results to stakeholders.
- Demonstrate the steps necessary to wrap up the audit after the report is issued.
- Conduct the follow-up and validation of resolutions to audit recommendations.
Learning and understanding the fundamentals of internal auditing is a necessary step for the new internal auditor who wants to grow quickly within the profession. This course provides an overview of the life cycle of an audit engagement, including planning, examining the internal control environment and organizational governance, obtaining and presenting audit evidence, and successfully wrapping-up the engagement based on critical concepts found in the IIA Standards.
This instructor-led course includes interactive group activities and breakout sessions of real-life scenarios that teach the essential concepts, tools, and techniques of internal auditing. Internal auditors that complete this course will walk away with solid internal audit practices that can be immediately applied to an organization of any size, and within any industry.
As an NJCPA member benefit, select Institute of Internal Auditors (IIA) courses are available to NJCPA members at the IIA members-only rate. Login now