INTRODUCTION
Internal Audit provides a number of important services to an
entity’s management. These include detecting and preventing fraud, testing
internal control, and monitoring compliance with an entity’s policy and
procedures and government regulation. Internal Audit helps an organization
accomplish its objectives by bringing a systematic, disciplined approach to
evaluate and improve the effectiveness of risk management, control and
governance processes. This extensive training program addresses the functions,
role and the importance of internal audit for any given organizational
structure and covers each of its aspect thoroughly.
COURSE OBJECTIVES
By the end of the course the
participant should be able to:
DURATION
5
Days
WHO SHOULD ATTEND
This
training course is the best suite for:
COURSE CONTENT
Risk
and internal audit overview
· Definition of risk &
Types of risk in an organization
· Functions of management:
planning, organizing, implementing and controlling
· Defining internal audit
· Internal audit as a function
of corporate governance
· Distinguishing internal from
external auditing
· Scope of internal auditing:
the internal audit charter
· Staffing the internal audit
function
· Role of an audit committee.
Internal
audit standards
· Attribute standards
· Performance standards.
Types
of internal auditing
· Performance & Operational
auditing
· Financial auditing:
accounting cycles audited by the internal audit function
· Compliance auditing.
Internal
audit implementation: fieldwork guidelines
·
Information gathered by internal
auditors
·
4 qualities of information
·
Sources and nature of information
·
Assessing the degree of
persuasiveness
·
Types of engagement procedures
·
Internal audit test tools
·
Observing, interviewing and
examining records
·
Internal audit working papers
·
Best practices for managing working
papers
·
Retention policies
·
Communicating fieldwork results and
recommendations
·
Legal considerations for
communicating results
·
Attributes of an observation or
recommendation
·
Disseminating results and exit
meetings.
The
fieldwork: risk-based auditing
· Defining management
assertions
· Risk assessment process
·
Identifying
entity level controls to mitigate risks
·
Testing
of internal controls
·
Tips
and tools for audit sampling.
Fraud
· Definition and
characteristics of fraud
· Internal auditor’s role in a
fraud case.
GENERAL
NOTES
·
This course is delivered by our seasoned trainers who have
vast experience as expert professionals in the respective fields of practice.
The course is taught through a mix of practical activities, theory, group works
and case studies.
·
Training manuals and additional reference materials are
provided to the participants.
·
Upon successful completion of this course, participants will
be issued with a certificate.
·
We can also do this as tailor-made course to meet
organization-wide needs. Contact us to find out more: training@skillsforafrica.org
· The training will be conducted at SKILLS FOR AFRICA TRAINING INSTITUTE IN NAIROBI
KENYA.
· The training fee covers
tuition fees, training materials, lunch and training venue. Accommodation and
airport transfer are arranged for our participants upon request.
·
Payment should be sent to our bank account before start of
training and proof of payment sent to: training@skillsforafrica.org
Dates | Fees | Location | Apply |
---|---|---|---|
02/10/2023 - 06/10/2023 | $2950 | Kigali | Physical Class Online Class |
06/11/2023 - 10/11/2023 | $1500 | Mombasa | Physical Class Online Class |
04/12/2023 - 08/12/2023 | $1350 | Nairobi | Physical Class Online Class |
15/01/2024 - 19/01/2024 | $1500 | Nairobi | Physical Class Online Class |
12/02/2024 - 16/02/2024 | $1500 | Mombasa | Physical Class Online Class |
11/03/2024 - 15/03/2024 | $1500 | Nairobi | Physical Class Online Class |
08/04/2024 - 12/04/2024 | $2950 | Kigali | Physical Class Online Class |
13/05/2024 - 17/05/2024 | $4500 | Dubai | Physical Class Online Class |
10/06/2024 - 14/06/2024 | $1500 | Nairobi | Physical Class Online Class |
08/07/2024 - 12/07/2024 | $1500 | Nairobi | Physical Class Online Class |
12/08/2024 - 16/08/2024 | $1500 | Nairobi | Physical Class Online Class |
09/09/2024 - 13/09/2024 | $1500 | Nairobi | Physical Class Online Class |
14/10/2024 - 18/10/2024 | $2950 | Kigali | Physical Class Online Class |
11/11/2024 - 15/11/2024 | $1500 | Mombasa | Physical Class Online Class |
09/12/2024 - 13/12/2024 | $1500 | Nairobi | Physical Class Online Class |