institute of internal auditors south africa | Accredited Africa Training Institute for Capacity Development https://www.aaticd.co.za/tag/institute-of-internal-auditors-south-africa/ Accredited Africa Training Institute for Capacity Development - Providing International Training Courses in South Africa Wed, 20 Nov 2019 08:14:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 https://i0.wp.com/www.aaticd.co.za/wp-content/uploads/2022/12/cropped-Accredited-Africa-Training-Institute-for-Capacity-Development-1.png?fit=32%2C32&ssl=1 institute of internal auditors south africa | Accredited Africa Training Institute for Capacity Development https://www.aaticd.co.za/tag/institute-of-internal-auditors-south-africa/ 32 32 121582049 Risk-Based Internal Audit https://www.aaticd.co.za/course/risk-based-internal-audit/ Tue, 19 Nov 2019 06:46:35 +0000 http://aaticd.co.za/?post_type=course&p=1951 Why Attend Internal auditing is defined by the Institute of Internal Auditors as “an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It 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.” […]

The post Risk-Based Internal Audit appeared first on Accredited Africa Training Institute for Capacity Development.

]]>
Why Attend

Internal auditing is defined by the Institute of Internal Auditors as “an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It 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.”

Changes in the regulatory and corporate governance environment have significantly increased the expectations that many stakeholders place on the internal audit function. This course guides internal auditors through the required standards for performing the internal audit. It covers up-to-date tips and tools to accomplish the audit in an efficient, flexible, and results-based manner in order to support the organization’s strategic objectives, improve its sustainability and leverage its ability to face future challenges.

Course Methodology

The course uses a mix of interactive techniques, such as brief presentations by the consultant, case studies, live demonstrations of sampling methodologies and group exercises to apply the knowledge acquired throughout the course.

Course Objectives

By the end of the course, participants will be able to:

  • Define the scope and function of internal audit within the company
  • Distinguish the types of internal audit assignments related to operational, compliance, quality, safety or financial internal audit
  • Describe the internal audit planning guidelines and develop a risk-based audit plan
  • Apply techniques for risk identification, controls identification and controls testing
  • Identify the best sampling techniques in an internal audit assignment considering sample size or sample selection
  • Select the appropriate internal audit test tools and list the advantages and disadvantages of each

Target Audience

Delegates with some experience in auditing as well as junior auditors or professionals from finance or other departments looking to develop a focused and best practices approach to the internal audit function. This course is also suitable for supervisors and managers who are interested in updating, upgrading and refreshing their knowledge of the internal audit function.

Target Competencies

  • Risk-based audit planning
  • Evaluating risk management frameworks
  • Evaluating internal audit functions
  • Identifying risk
  • Identifying and designing controls
  • Sampling
  • Completing the fieldwork audit

The post Risk-Based Internal Audit appeared first on Accredited Africa Training Institute for Capacity Development.

]]>
1951