Internal Audit Investigation, Procedures and Processes

To teach best practice in advanced auditing and investigation for the Internal Auditors

CONTENT:

Auditors’ Report

Different types of audit opinions, the basic elements of an auditors’ report. Issuance of the right    type of opinion in different scenarios.

Internal audit & operations

The objectives, scope &responsibility of internal audit, similarities/differences between internal & external audit, concept/objectives /scope of operational audit.

·Auditors’ Responsibilities & Legal Liabilities

· Legal liability. Determination of negligence & fraud

Corporate governance

Objective, relevance, importance, Sarbanes – Oxley Act 2002.

Audit Investigation:

The different types of audit investigations, i.e. Acquisition of companies (due diligence review), Prospective lending, investigation under the Companies Act 1965 & back duty investigation.

FOR WHOM: All Internal Auditors in both 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.