Managing an Internal Audit Function
What you'll learn
- Learn how to manage the operations of an internal audit function and what policies and procedures to put in place.
- Be able to strategically assess risks for internal audit planning purposes and create risk-based audit plans.
- Know how to communicate internal audit performance to Senior Management and the Board, for example by establishing KPIs on the internal audit function.
- The Nature of Internal Audit Work Know about the areas of internal audit work: governance, risk management and controls.
- Know the core principles, internal audit frameworks and standards to follow.
- Be able to establish the reporting structures, measures for independence and functional and administrative reporting structures to establish independence.
- Ensure your internal audit function follows ethical principles.
- Know the different ways in which an internal audit function can be staffed.
- Know what to put in place for the Quality Assurance and Improvement Program.
Requirements
- No prior experience or knowledge is required.
Description
We are glad to bring you a course to learn how to Manage and Internal Audit Function.
This course is ideal for current and prospective Internal Audit Seniors, Managers, Directors and Chief Audit Executives - anyone who is currently managing an internal audit function or who one day wants to.
The course will give you the knowledge and tools necessary to manage an internal audit function, from how to perform the strategic and operational management of an internal audit function, to how to plan based on risks, communicate performance, follow standards and ethical principles, establish organizational independence, staff the function and ensure quality.
It is taught by Adrian Resag, an experienced and qualified Chief Audit Executive and Chartered Internal Auditor, who has decades of experience managing global internal audit functions.
The course covers:
Internal Audit Operational Management
Learn how to manage the operations of an internal audit function and what policies and procedures to put in place.
Risk-based Internal Audit Planning
Be able to strategically assess risks for internal audit planning purposes and create risk-based audit plans.
Communicating Internal Audit Performance
Know how to communicate internal audit performance to Senior Management and the Board, for example by establishing KPIs on the internal audit function.
The Nature of Internal Audit Work
Know about the areas of internal audit work: governance, risk management and controls.
Core Principles, Framework and Standards to Follow
Know the core principles, internal audit frameworks and standards to follow.
Establishing Organizational Independence
Be able to establish the reporting structures, measures for independence and functional and administrative reporting structures to establish organizational independence.
Ethical Principles
Ensure your internal audit function follows ethical principles.
Internal Audit Staffing
Know the different ways in which an internal audit function can be staffed.
Quality Assurance and Improvement
Know what to put in place for the Quality Assurance and Improvement Program.
Who this course is for:
- This course is ideal for current and prospective Internal Audit Seniors, Managers, Directors and Chief Audit Executives.
Instructor
- 4.5 Instructor Rating
- 8,074 Reviews
- 24,671 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.