Training: Successful internal audit function in banks

Interest and purpose of the training

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

• Define internal audit, its scope and function within the company
• List the internal audit standards constituting the framework of the internal audit activity
• Distinguish the types of internal audit assignments related to operational, compliance or financial internal audit
• Describe the internal audit fieldwork guidelines and apply techniques for risk identification, controls identification and controls testing

Course outlines

• Risk and internal audit overview
• Defining internal audit
• Types of risk in an organization
• Functions of management: planning, organizing, implementing and controlling
• Internal audit standards
• Types of internal auditing
• Internal audit implementation: fieldwork guidelines
• The fieldwork: risk-based auditing
• Defining management assertions
• Design and implementation of an internal control
• Operating effectiveness of an internal control
• Tips and tools for audit sampling

Useful Information