Managing an Internal Audit Function

What you need to know to manage an internal audit function

Created by: Adrian Resag, QIAL, CMIIA, CIA, CISA, CRMA, CFSA, GRCP, CIMA Adv Dip MA
Founder of the Risk Governance Institute

What Will I Learn?

• Learn how to manage the operations of an internal audit function and what policies and procedures to put in place.
• Be able to strategically assess risks for internal audit planning purposes and create risk-based audit plans.
• Know how to communicate internal audit performance to Senior Management and the Board, for example by establishing KPIs on the internal audit function.
• The Nature of Internal Audit Work Know about the areas of internal audit work: governance, risk management and controls.
• Know the core principles, internal audit frameworks and standards to follow.
• Be able to establish the reporting structures, measures for independence and functional and administrative reporting structures to establish independence.
• Ensure your internal audit function follows ethical principles.
• Know the different ways in which an internal audit function can be staffed.
• Know what to put in place for the Quality Assurance and Improvement Program.

Requirements

• No prior experience or knowledge is required.

Target audience

• This course is ideal for current and prospective Internal Audit Seniors, Managers, Directors and Chief Audit Executives.