Internal Audit: a Guide for Management

Internal Audit, Risk Management, Compliance, Governance, Internal Controls, CIA, Audit Report, Audit Charter, IIA

Created by: Vlad Karols, MBA, CIA, Int.Dip(AML)
Obsqo Learning Instructor

What Will I Learn?

• What is Internal Auditing: understanding the principles and vocabulary
• The goals and scope of Internal Auditing
• The role and position of Internal Auditing within the Governance, Risk Management and Control structure
• The fundamental differences between external and internal auditing
• What are the professional standards that govern Internal Auditing
• How to ensure independence and objectivity of the Internal Audit function
• The sourcing and funding models of an Internal Audit function
• How to set up an effective Internal Audit function
• What is the Internal Audit Charter
• Internal Audit processes and methodology
• Hot to interpret Internal Audit reports
• What are the benefits and value added of Internal Auditing
• The outlook and future developments of Internal Auditing

Requirements

• No specific requirements but understanding the principles of governance, risk management and finance will be beneficial.

Target audience

• Management of organizations at various levels who need to ensure compliance with Internal Auditing requirements
• Professionals changing career who are considering a career in Internal Auditing
• Those preparing for the Certified Internal Auditor exams