Program Brief
A professional certificate accredited by the Institute of Internal Auditors, IIA, USA, an organization offered in the internal field of performance, as well as there is a need in the labor market for holders of this certificate, and hence the high value of the benefits and job opportunities for them. This certificate helps prepare a new generation of accountants with globally qualified professional qualifications, to face the economic challenges faced by business establishments. The CIA Internal Auditor Certificate in Part Two focuses on the practice of internal auditing by examining audit assignments, fraud risks, and individual natures.
Sectors
Program Topic
- Audit
Program Goals
At the end of the training program, the participant should be able to:
- Ensure the appropriateness of the role of the internal audit activity in the organization's risk management process
- internal audit tasks (confirmation and advisory), and prepare working papers as required
- Learn about the most important auditing tools and techniques such as sampling and statistical analysis, to analysis and interpretation of data
- Gain the interviewing skills, gathering relevant and reliable information
- Get to know the general software used in internal audit.
- Determine the risk management framework to assess risks and prioritize audit engagements based on the results of a risk
- audit engagement outcomes, including the management action plan to manage monitoring and follow-up of the disposition of audit engagement results communicated to management and the board
Jadarat
Program Agenda
Module 1: Managing the Internal Audit Activity
1 Internal Audit Operations
policies and procedures for the planning, organizing, directing, and monitoring of internal audit operations
Administrative activities of the internal audit activity
2 Establishing a Risk-based Internal Audit Plan
Sources of potential engagements
Risk management framework to assess risks and prioritize audit engagements based on the results of a risk assessment
The types of assurance engagements
The types of consulting engagements designed to provide advice and insight Proficient
Coordination of internal audit efforts with the external auditor, regulatory oversight bodies, and other internal assurance functions, and potential reliance on other assurance providers
Continue to Module 1: Managing the Internal Audit Activity
1 Communicating and Reporting to Senior Management and the Board
The role of the Chief Audit Officer (CAE) in informing senior management and the Board of Directors about the annual audit plan and obtaining board approval
Identify potential risk opportunities and oversight and governance issues for the Chief Audit Officer (CAE) to report to the Board of Directors
CaE's role in reporting on the overall effectiveness of the organization's internal oversight and risk management operations for senior management and the Board of Directors
Key Performance Indicators (KPIs) for internal audit reported by the Chief Audit Officer (CAE) to senior management and the Board periodically
Module 2: Planning the audit task
1 Setting objectives, evaluation criteria, and scope of the task
2 Mission planning to ensure that key risks and controls are identified
3 Assessing the risks of each audit area, including factor assessment, risk prioritization and controls
4 Identify task procedures and prepare a work program for them
5 Determining the level of staff and resources needed for the task
Module 3: Performing the Engagement
1 Information Gathering
Gather and examine relevant information as part of a preliminary survey of the engagement area
Develop checklists and risk-and-control questionnaires as part of a preliminary survey of the engagement area
Apply appropriate sampling and statistical analysis techniques
Continue to Module 3: Performing the Engagement
1 Analysis and Evaluation
Use computerized audit tools and techniques
Evaluate the relevance, sufficiency, and reliability of potential sources of evidence
Apply appropriate analytical approaches and process mapping techniques
Determine and apply analytical review techniques
Prepare work papers and documentation of relevant information to support conclusions and engagement results
Summarize and develop engagement conclusions, including assessment of risks and controls
2 Engagement Supervision: Identify key activities in supervising engagements
Module 4: Communicating Engagement Results and Monitoring Progress
1 Communicating Engagement Results and the Acceptance of Risk
Arrange preliminary communication with engagement clients
Demonstrate communication quality and elements
Prepare interim reporting on the engagement progress
Formulate recommendations to enhance and protect organizational value
Describe the audit engagement communication and reporting process, including holding the exit conference, developing the audit, and obtaining management's response
Describe the process for communicating risk acceptance
2 Monitoring Progress
Assess engagement outcomes, including the management action plan
Manage monitoring and follow-up of the disposition of audit engagement results communicated to management and the board
Program Requirements
Degree (or equivalent), and two years of internal audit experience (or equivalent).
Bachelor’s Degree (or equivalent), and two years of internal audit experience (or equivalent).
Master’s Degree (or equivalent), and one year of internal audit experience (or equivalent).
Master’s Degree (or equivalent), and one year of internal audit experience (or equivalent).
Internal Audit Practitioner Designation Holder, and five years of internal audit experience (or equivalent).
Active Internal Audit Practitioner Designation Holder, and five years of internal audit experience (or equivalent).
Five Years of Internal Audit Experience (or equivalent).
Five Years of Internal Audit Experience (or equivalent).
Program Path
Names of the training programs that are integrated (enriched) with the training program:
- Not Available
Names of the training programs that after the training program:
- Not Available
Program Method
- Lecture
- Case Studies
- Practical Implementation
- Exercises and assignments
Evaluation Method
- Pre Exam
- Post Exam
- Simulation Test for professional exam
Training Type
- In Class Training
- Online Training
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