Developing Audit Processes and Procedures

At the end of the training programme, each participant should be able to:

· Make an objective assessment of adequacy and effectiveness of internal controls within an organisation

· Help non-financial managers review operational controls

· Assess business risk and design/implement procedures

· Engage in a risk-based audit approach, from planning through process documentation to testing,                   analysis, and reporting

· Become familiar with the scope and application of the Professional Practices Framework of internal                             auditing

· Learn how to communicate and report on key issues arising from the internal audit

CONTENT:

· Introduction to Auditing

· Risk Assessment and Risk Management

· Internal Audit Planning

· Interviewing Techniques

· Process Documentation

· Internal Audit Programs

· Testing of Systems

· Reporting of Audit Findings to the Management Team

· Presentation of the Audit Report Committee

FOR WHOM:

All Internal Auditors and Risk Managers in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.