What are the obstacles and barriers to implement effective governance?
The Risk, Compliance & Internal Audit Triangle
Role of Audit Committee in checking audit notes (internal/external) among Board’s important committees’ roles and responsibilities
Using internal and external audit standards to audit Governance activities
Key components, practices and activities to audit processes and relations by which corporations are controlled and governed
Definition and objectives of internal audit with understanding of Internal Audit Methodology
Auditors Tools, Techniques, roles and responsibilities
Report results of the audit via Field Memorandum
The transition from system-based to risk-based internal auditing
Risk-Based Audit Approach and Risk-Based Audit Methodology
How and why audit units move into risk-based audit programs
Developing risk-based audit plan
Preparation of a clear plan to be approved by Audit Committee
Efficiency in the non-recurrence of Audit Notes
Identification and classification of audit risk
Writing Audit Report; how to impress reader and how to address challenges
How to structure effective audit report
Fundamental Concepts of Enterprise Risk Management
Identifying different types of Risk Taxonomies
Risk Control Self-Assessment (RCSA)
What is operational risk management framework?
Definition and objectives of internal controls; roles and responsibilities
Latest trend in Auditing: Auditing the Control Environment
What is risk-based Compliance?
What are the roles and responsibilities of the Compliance Head?
International Standards for Anti-Money Laundering / Combatting Terrorism Financing (AML/CTF)
Money Laundering Threats and Methods
Terrorist Financing Threats and Methods
International Case Study: HSBC in USA and Mexico - Case Study on Money Laundering Threats and Methods
Module 2 - Report Writing and Communication Skills for Auditors
The challenges of audit reporting
The main problems with audit reports
The need to create impact
Analysis of 4 actual reports
Evaluation of your own reports – using a proven method
The Executive summary
The psychology of audit reports
Writing reports with impact
The need to make reports more positive
How to simplify the content
Highlighting the issues that really matter
Improving the review process
The main report
Writing a clear, concise report
Forming and expressing the audit opinion
Recommendations and action plans
Finalising the report
The need for follow-up – should this be carried by IA?
The challenges for auditors
The characteristics of effective communication
The impact on productivity of clear communication
Interpersonal skills for auditors
The power of senior management and stakeholder engagement
The power of Effective negotiation
Negotiating during each audit phase
The need for win-win solutions
Listening - the most important audit skill?
Types of listening and the importance for IA
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09-20 Oct 2023 Fee: $11,900
29 Apr-10 May 2024 Fee: $11,900
09-20 Sep 2024 Fee: $11,900
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