Fundamentals of Internal Auditing

Through team exercises, group discussion and lectures, attendees will gain a foundation of knowledge that will allow them to properly prepare for and conduct a successful audit, using preliminary surveys and evidence-gathering techniques.
A basic understanding of the roles of risks and internal controls in auditing will also be stressed, along with interpersonal and client relationship skills.
Topics covered
• Understanding internal auditing
• Different kinds of internal audit
• The International Professional Practices Framework (IPPF)
• The audit process
• Understanding risk-based auditing
• Understanding and auditing internal controls
• Audit planning
• Analytical review
• Observation
• Interviewing and managing client relationships
• Process documentation
• The audit program
• Conducting fieldwork
• Writing the audit report
• Exit interview
• Putting it all together