Auditing and Assurance Services

Description

This course explains the role, responsibilities and work of internal auditing. It details the processes required to conduct an effective audit.

This course also details the framework of standards for performing and promoting internal auditing.

The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.

What you will learn

Key Principles of Auditing

• Assurance framework
• Types of audit
• Internal control
• The concept of independence

Conduct of an Audit

• Audit strategy and audit plan
• Fieldwork
• Reviewing and communicating results
• Audit Report

Auditing Standards

• The framework of International Standards on Auditing (ISAs)
• COSO frameworks
• INTOSAI – International Organization of Supreme Audit Institutions
• Other standards

Auditing the Internal Auditor

• Awareness of IPPF Standards 1300 – 1322 – Quality Assurance and Improvement Program
• Internal and External Assessments
• The role of the external auditor

Course Review

• Summary and recap of key learning objectives
• Action Planning