In an era of increasing regulatory scrutiny and complex operational landscapes, robust internal auditing and control are more critical than ever to ensure organizational integrity and build stakeholder confidence. This training course is meticulously designed to equip professionals with the foundational knowledge and advanced techniques required to establish and maintain a best-in-class control environment. We will explore how to move beyond compliance to strategically embed risk management and governance principles into core business functions, transforming the internal audit function from a traditional oversight role into a key driver of strategic value. This program is an essential resource for those committed to safeguarding their institution's assets and reputation.

This intensive program moves beyond theoretical concepts to a practical, hands-on approach, providing participants with the skills to design, execute, and report on effective internal audits. You will learn how to identify emerging risks, leverage data analytics for enhanced insights, and communicate audit findings persuasively to senior management and the board. Through a combination of interactive case studies, expert-led discussions, and practical exercises, attendees will develop the confidence to lead with authority and purpose. By the end of this course, you will be equipped to champion a culture of continuous improvement and act as a vital guardian of your organization's trust and integrity.

Duration: 

5 days

Target Audience:

• Internal auditors and managers
• Risk managers and compliance officers
• Financial controllers and accountants
• Board members and audit committee members
• Senior vice presidents and general managers
• Legal and governance professionals
• Chief Financial Officers (CFOs)
• Operations managers
• Information technology audit specialists
• Professionals responsible for internal controls

Objectives:

• Understand the core principles of internal auditing and control
• Grasp the components of a robust internal control framework
• Formulate a risk-based approach to audit planning
• Analyze and evaluate internal controls across business functions
• Develop a strategy for leveraging data analytics in auditing
• Assess and mitigate risks of fraud and corruption
• Interpret and communicate audit findings effectively to stakeholders
• Apply best practices for managing an internal audit function
• Understand the role of internal audit in a broader governance context

Course Modules:

Module 1: Foundations of Internal Auditing

• The role and purpose of internal audit
• The international professional practices framework (IPPF)
• The distinction between internal and external audit
• The importance of independence and objectivity
• The link between internal audit and corporate governance

Module 2: Internal Control Frameworks

• The components of the COSO framework
• Designing and implementing effective internal controls
• The distinction between preventive and detective controls
• Assessing control deficiencies and weaknesses
• The role of internal controls in risk management

Module 3: Risk-Based Audit Planning

• The process of identifying and assessing key risks
• Developing an annual audit plan
• Prioritizing audit engagements
• Allocating resources effectively
• The importance of stakeholder consultation

Module 4: Executing the Internal Audit

• The methodology of audit fieldwork
• Gathering and analyzing audit evidence
• Conducting interviews and walkthroughs
• The importance of a well-documented work program
• The role of sampling and testing

Module 5: Data Analytics in Auditing

• The strategic use of data analytics in the audit process
• Identifying patterns and anomalies in data
• Using technology for continuous auditing
• The distinction between descriptive and predictive analytics
• The challenges of data quality and integrity

Module 6: Fraud and Forensic Auditing

• Understanding the elements of fraud
• The role of internal audit in fraud prevention
• Red flags and warning signs of fraud
• The importance of a fraud risk assessment
• The process of conducting a forensic investigation

Module 7: Reporting and Communication

• The principles of effective audit reporting
• Writing a clear and concise audit report
• Communicating findings and recommendations
• Managing the audit closing meeting
• The importance of a persuasive and professional tone

Module 8: The Audit Function and Governance

• The relationship between internal audit and the board
• The role of the audit committee
• The importance of a quality assurance and improvement program
• The challenges of internal audit in a fast-changing environment
• Best practices for managing the internal audit function

Module 9: The Future of Internal Auditing

• The impact of technology on the audit profession
• The role of a leader in driving continuous improvement
• The importance of a continuous learning mindset
• Building a strong internal audit team

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.