A Highly Interactive Training Course On

Adding Value in Internal Audit

Transforming Internal Audit
into an Insightful, Catalyst for Change

16-20 Dec 2024
London
$5,950
 
14-18 Apr 2025
Dubai
$5,950
 
11-15 Aug 2025
Dubai
$5,950
 
15-19 Dec 2025
London
$5,950
 

Course Overview

In today's business landscape, having a robust and professional Internal Audit function is more crucial than ever. This function is now expected to deliver a higher level of assurance and move away from its traditional historical focus.

This Adding Value in Internal Audit training course aims to transform your Internal Audit function into a modern, proactive, and forward-thinking business partner. It will instill a philosophy of adding value to drive positive change and enhance organizational operations.

Key components of this COPEX training course include:

  • Shifting the audit process focus towards value-added services
  • Auditing third-party activities such as outsourced services and joint ventures
  • Developing techniques to build a world-class audit team
  • Implementing principles of continuous auditing
  • Auditing Corporate Social Responsibility practices

Training Objectives

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

  • Benchmark your IA function against worldwide best practice
  • Make the transition from a good function to a great one
  • Deliver measurable added value
  • Deal with the challenges of consultancy
  • Audit Corporate Governance with confidence
  • Deliver stakeholder assurance more effectively
  • Engage more positively with senior management

Training Methodology

This exciting training course will utilise a variety of proven learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes various exercises and case studies to provide practical application of the tools and techniques. A wide range of key topics will be discussed – and tips and proven techniques will be shared to enable the process to be challenged and the service optimised – so that senior management’s expectations are exceeded.

Who should Attend?

This training course is targeted at senior assurance professionals – and is centred on the key challenges faced by a modern internal audit function – and the desire to add significantly greater value to the business

The event represents a superb opportunity to meet your peers from both your sector and others and develop new approaches to the difficult challenges facing Internal Audit today 

  • Heads of Audit
  • Audit managers or those about to be appointed to this level
  • Audit supervisors
  • Managers of other assurance functions such as Compliance or Quality Assurance
  • Senior Management

Training Outline

Day One: Internal Audit Best Practice
  • Ensure IA is seen as an agent for positive change
  • Meeting the challenges of the new IIA standards
  • The significant changes in the Internal Audit role
  • The need to recognise audit risk
  • Building a world class team
  • Marketing the IA activities
||
  • What is VFM?
  • The Power of VFM auditing
  • The 3 E’s (Efficiency, economy and effectiveness)
  • VFM audit techniques
  • Performance measurement
  • Case Studies
||
  • Focusing attention on the activities with potential to add value
  • Auditing Third Party activities
  • Outsourcing reviews
  • Managing the added value audit process
  • Continuous auditing
  • Assurance Mapping
||
  • The key aspects of CG
  • Auditing the key aspects of Corporate Governance
  • Developing proactive Audit Committee relationships
  • Auditing Corporate Social Responsibility and Ethics
  • How to understand and exceed stakeholders’ expectations
  • Auditing new areas such as Social Media
||
  • Information security
  • Systems under development
  • The web site and external communications
  • IT projects
  • Business Continuity Management
  • Brand and reputation management
DAY 2: Day Two: The Value for Money (VFM) Approach
DAY 3: Day Three: Adding Value by Focusing Audit Activities
DAY 4: Day Four: Corporate Governance – the Added Value Approach
DAY 5: Day Five: Auditing the More Complex Added Value Topics

Certificates

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course

We can customize this
training course for you!

At Copex Training, we offer customizable courses designed to fit your specific needs. whether it's refining procurement practices or enhancing leadership and management skills, we tailor our programs to meet your unique goals and challenges. Let us create a training solution that delivers real results for your team.
Request In-house

Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

How can I register?

There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to [email protected]
Telephone – +971 4 368 6886 or +971 50 106 2750

When will I receive the confirmation for my registration/s?

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

What is included in the training fee?

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

What are the available payment methods?

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

How many hours per day, and what are the timings of your training courses?

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

Where do you usually hold your training courses?

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Do you provide hotel booking assistance to your delegates?

Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates

In case of failure to attend, what is your cancellation policy?

Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

What will I receive after the training course?

Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.