How to Perform an Internal Audit
What you'll learn
- Learn how to perform internal audit engagements.
- Know the workflow of internal audit engagements.
- Be able to plan audits and determine their scope and objectives.
- Know audit techniques for gathering information.
- Be able to create process maps, working papers and risk-control matrices.
- Be able to use statistical and non-statistical sampling methods and analytical tests.
- Know about the persuasiveness of information and about different types of evidence.
- Know about engagement supervision and performance appraisals for internal audits.
- Know how to write internal audit reports and communicate engagement results.
- Know about the acceptance of risks and the monitoring of progress.
Requirements
- No prerequisite knowledge expected.
Description
We are glad to bring you a course to learn how to perform an internal audit.
This course is ideal for new or future internal auditors, as well as anyone who wants to learn how to assess operations, including people working in controls functions such as Risk Management, Internal Control, Compliance or Information Security.
The course will give you the knowledge and tools necessary to perform internal audits, starting from how to plan them, how to perform and how to report on the results of the engagement.
It is taught by Adrian Resag, an experienced Chief Audit Executive who has also been teaching for nearly 2 decades.
You will learn:
How to perform internal audit engagements.
The workflow of internal audit engagements.
To plan audits and determine their scope and objectives.
Audit techniques for gathering information.
To create process maps, working papers and risk-control matrices.
To use statistical and non-statistical sampling methods and analytical tests.
About the persuasiveness of information and about different types of evidence.
About engagement supervision and performance appraisals for internal audits.
How to write internal audit reports and communicate engagement results.
About the acceptance of risks and the monitoring of progress.
The course covers:
Planning Engagements
Understand how to properly plan engagements by determining their objectives, criteria and scope.
Create working papers which conform with the Standards and learn about different ways an internal audit can be staffed.
Performing Engagements
Learn how to collect engagement information and then analyze and evaluate it. Learn how to supervise engagements.
Communicating Engagement Progress and Results
Learn how to communicate engagement results and the process of acceptance of risks. Learn how to monitor progress on the implementation status of internal audit recommendations.
Who this course is for:
- Beginner or experienced internal auditors
- People working in control functions, such risk management, internal control, compliance or information security.
- People who want to move to internal audit or assessment disciplines.
- Anyone working with internal auditors or undergoing an internal audit.
Instructor
- 4.5 Instructor Rating
- 8,089 Reviews
- 24,713 Students
- 15 Courses
I have a great passion in the areas of internal audit, governance, risk management, artificial intelligence, IT & information systems auditing, internal control and fraud prevention. I would like to share those great interests of mine with those who wish to learn.
I am currently Head of Internal Audit, Risk Management and Internal Control to a well-known luxury brand, and previously was Head of Internal Audit in a global financial services institution and Chief Internal Auditor to the European subsidiary of a major global bank. I worked as Group Internal Auditor in the energy sector and advisor in internal audit in a 'Big-4' consulting firm.
I founded the Risk Governance Institute which provides courses, training and consulting services.
I have been teaching students and professionals in university, institutions and organizations.
I am currently working on creating a certification in Audit & Assurance and another in Compliance & Ethics with a major institution.
I hold the following qualifications and certifications:
- Qualification in Internal Audit Leadership (QIAL) from the Institute of Internal Auditors (IIA);
- Chartered Internal Auditor (CMIIA) from the Chartered Institute of Internal Auditors;
- Certified Internal Auditor (CIA) from the Institute of Internal Auditors (IIA);
- Governance, Risk & Compliance Professional (GRCP) from OCEG;
- I (re-)created the certification Governance, Risk & Compliance Auditor (GRCA) for OCEG;
- I created the certification Integrated Audit & Assurance Professional (IAAP) for OCEG;
- I created the certification Integrated Risk Management Professional (IRMP) for OCEG;
- I created the certification Integrated Compliance & Ethics Professional (ICEP) for OCEG;
- I created the certification Integrated Artificial Intelligence Professional (IAIP) for OCEG;
- Certification in Risk Management Assurance (CRMA) from the Institute of Internal Auditors (IIA);
- Certified Financial Services Auditor (CFSA) from the Institute of Internal Auditors (IIA);
- Certification in Control Self-Assessment (CCSA) from the Institute of Internal Auditors (IIA);
- Technical Specialist of the Institute of Risk Management (SIRM);
- The Advanced Diploma in Management Accounting (Adv Dip MA) from the Chartered Institute of Management Accountants (CIMA);
- ISO 22301 (Business Continuity Management Systems) trained and experienced Lead Auditor; and
- ISO 27001 (Information Security Management Systems) highly experienced Lead Auditor.
- ISO 42001 (Artificial Intelligence Management Systems) Lead Implementer and Lead Auditor, certified by PECB.