MODERN INTERNATIONAL STANDARDS OF INTERNAL AUDIT FUNCTION

To achieve and to be able to continue financial success, stability and growth of world-class business entities it is necessary to constantly improve, develop and monitor a highly-integrated, internal audit function. Well conducted and updated audit will ensure support to accounting, financial policies and procedures within organization. During this training participants will learn how to understand the purpose and design of an internal audit function along with practical methodologies, moreover gain essential knowledge from this field.

Who Takes This Course

The course is intended to anyone involved in the modern international standards of internal audit function and are seeking for fundamental knowledge or essential infomration from this area.

Course Structure

• Defining an internal audit
• Establishing roles & responsibilities for the internal audit department
• Defining the distinctions & responsibilities between Internal & External Auditors
• Various types of financial audits
• Risk factors
• Identifying effective audit programs
• Evaluating & Selecting methodologies
• Tools
• Managing & Monitoring internal audit examinations
• Communicating audit findings & suggestions for areas of improvement
• Conducting post-audit reviews
• Summary