Auditing Governance Frameworks

Good governance is absolutely critical to the effective and efficient operation of organisations.  Recent examples in Australia and overseas have shown the impact of poor governance on the continued success of organisations and the ultimate demise of some CEOs, Directors and organisations.
There has been a long standing debate around internal audit’s role in auditing and recommending governance structures, but with increased recognition on the importance of an effective control culture and the tone-at-the-top, internal audit will find itself getting more involved in assessing the effectiveness and appropriateness of governance frameworks. This role is supported through the IPPF which requires internal auditors to evaluate and contribute to the improvement of governance processes in a systematic and disciplined manner.
This course will investigate internal audit’s role in improving organisational governance and assessing governance structures.

Key topics to be covered:
• Internal Audit’s responsibilities under Standards 2100 and 2110 of the IPPF
• Determining who is responsible for what
• What happens when things go wrong
• How internal audit delivers value in organisational governance
• Picking win-win governance audit topics
• Traps for the unwary

This course will be highly interactive, and participants are encouraged to bring along examples of governance audits they have undertaken, or lessons learned in improving organisational governance.