Program Brief

This program provides participants with the best professional practices for audit engagement planning and execution in an efficient and effective manner where the participants will be exposed to modern audit’s engagement planning and execution tools that are integrated with risk-based audit planning as well as how to utilize technology the enhance the audit activities. Also, the participants will learn about assurance reports, their types, and characteristics while focusing on preparation of internal audit reports in accordance with the international standards and how to perform follow-up activities to ensure the highest value added for organizations and their strategic objectives.

Program Goals

At the end of the training program, the participant should be able to:

  • Understand the fundamentals of risk-based audit engagement planning such as setting engagement objectives, scope, and allocating resources to it.
  • Application of a professional methodology upon setting audit programs and procedures and selecting appropriate audit samples.
  • Deduce root causes of the audit observations and address them with suitable recommendations.
  • Through fully understand types of assurance reports with focused learning of preparation, discussed and reporting of internal audit reports and follow-up on their recommendations in accordance with international standards.
Program Agenda
Module 1: Audit Engagement Planning
  • 1 Engagement planning basics

    • 2 Setting engagement objectives

      • 3 Setting engagement scope

        • 4 Allocating engagement resources

          Module 2: Audit Engagement Execution
          • 1 Engagement notification

            • 2 Understanding background information

              • 3 Process analysis

                • 4 Detailed risk assessment

                  • 5 Audit program

                    Module 2: Audit Engagement Execution (Continuation)
                    • 1 Statistical and non-statistical sampling

                      • 2 Audit evidence

                        • 3 Root Cause analysis and recommendations

                          • 4 Quality of working papers

                            • 5 Overview of utilization of modern technology in audit execution

                              Module 3: RBIA Reports
                              • 1 The internal audit reporting concept

                                • 2 The difference between report and certificate

                                  • 3 Different assurance reports’ objectives and difference between them and the Internal audit report

                                    • 4 Report preparation stages

                                      • 5 The report standards

                                        • 6 The main components of report

                                          • 7 The characteristics of report quality

                                            • 8 The report presentation

                                              • 9 Issuing report

                                                • 10 Report amendment

                                                  • 11 Following up

                                                    • 12 Practical cases

                                                      Program Requirements

                                                      Not Available

                                                      Program Path

                                                      Names of the training programs that are integrated (enriched) with the training program:

                                                      Names of the training programs that after the training program:

                                                      Program Method
                                                      • Lecture
                                                      • Case Studies
                                                      • Practical Implementation
                                                      • Dialogue Teams
                                                      Evaluation Method
                                                      • Pre Exam
                                                      • Post Exam
                                                      • Discussion Panel
                                                      Training Type
                                                      • In Class Training
                                                      • Online Training

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