Raising the Bar of Internal Audit

Upcoming Sessions

Classroom sessions
Online sessions

Course Introduction

The Raising the Bar of Internal Audit training course is designed to elevate the effectiveness of internal audit functions by helping auditors understand their organization’s strategic goals and the risks that may prevent their achievement. Participants will learn how to align audit activities with business objectives, ensuring the audit function contributes meaningfully to organizational success. The course also focuses on strengthening governance, risk management, and internal control frameworks, enhancing the overall safety and soundness of the organization.

This Internal Audit training course combines assurance and consulting approaches to develop a structured, disciplined, and value-driven audit mindset. Through interactive exercises and real-world case studies, participants will acquire practical tools and techniques to evaluate and improve risk management processes. The course aims to support auditors in becoming trusted advisors to management while maintaining independence and objectivity.

Participants will gain hands-on experience through group activities and tailored case scenarios that reflect their organizational context. The training will also emphasize how to demonstrate the value of an effective internal audit process, using best practices to deliver high-impact results.

This Internal Audit training course will feature:

  • Challenging the design and operating effectiveness of governance, risk management, and internal control processes
  • Addressing key issues facing auditors and organizations in supporting management
  • Implementing an effective quality assurance and improvement program
  • Balancing internal audit and consulting roles effectively
  • Practicing consultancy tools and techniques for planning, execution, and presentation
  • Guidance on best practices in the consultancy role of internal audit
  • Knowledge and skill development to deliver tangible organizational benefits

Modules

This training course is split into the following modules:

Module I - Internal Audit Quality Assurance

Module II - Consultancy Skills for Auditors

Objectives

The Raising the Bar of Internal Audit training course aims to equip auditors with the knowledge, tools, and techniques needed to conduct internal quality assessments and deliver high-impact consulting services. By completing this training course, participants will be better positioned to evaluate the effectiveness of their internal audit function and contribute to improved governance and risk management practices.

Participants will learn how to assess their current internal audit processes, identify areas for improvement, and develop a roadmap to meet international auditing standards. The course also focuses on building consulting skills that allow auditors to support management with practical solutions while maintaining professional objectivity and independence.

By the end of the course, attendees will be able to enhance their audit competencies and apply consulting tools in real-world situations, improving their ability to deliver value beyond traditional assurance activities.

At the end of this training course, you will be able to:

  • Conduct an internal quality assessment as a benchmark for internal audit quality assurance
  • Measure the efficiency of your internal audit function
  • Create a roadmap for compliance with international standards for professional internal auditing
  • Enhance skills in internal auditing, risk management, governance, and compliance (GRC Model)
  • Perform gap analysis to identify strengths and areas for improvement
  • Understand consultant responsibilities and add value through creative solutions
  • Provide both consultancy and assurance services using core auditing skills
  • Apply tools and techniques commonly used by consultants
  • Identify and practice facilitation skills in your organizational environment

Training Methodology

This Raising the Bar of Internal Audit training course uses a variety of proven adult learning methods to ensure strong knowledge retention and practical application. The training includes case studies, group discussions, interactive exercises, and videos that encourage active participation. These methods are designed to reinforce learning by allowing participants to apply concepts in realistic scenarios.

The course also includes pre- and post-training assessments to measure learning outcomes and the effectiveness of the training. Participants are encouraged to critically evaluate theories and audit concepts, testing their relevance within their organizational context. The instructor will facilitate discussions to ensure participants can translate learning into actionable improvements.

Overall, the methodology emphasizes hands-on learning and real-world application. Participants will leave the training course with practical skills they can immediately apply to enhance audit quality and consulting capabilities within their organization.

Who Should Attend?

The Raising the Bar of Internal Audit training course is suitable for professionals who want to strengthen their internal audit skills and expand their role as trusted advisors within their organizations. It is particularly valuable for those involved in governance, risk management, compliance, and internal control activities. The course supports auditors in developing a more strategic approach to their work and improving the effectiveness of their audit function.

This course is ideal for professionals who wish to enhance their ability to deliver value through both assurance and consulting services, while maintaining independence and objectivity. It is especially beneficial for those looking to improve their internal audit quality assurance practices and consulting skills.

This training course will benefit:

  • Auditors and Auditing Managers
  • Accounting Executives and Managers
  • Financial Reporting Managers
  • Financial Executives, Managers, Controllers, and Directors
  • Budgeting Officers, Executives, and Managers
  • Business and Investment Analysts & Managers
  • Regulatory Compliance Officers
  • Commercial Analysts, Executives, and Managers

Course Outline

Module I: Internal Audit Quality Assurance

Day 1: Internal Audit, Quality & Performance

  • Concept of Internal Audit
  • Types of internal audit function
  • The Principles of Conduct of the Code of Ethics
  • The International Standards for the Professional Practice of Internal Auditing (Standards)
  • Meaning of Quality and performance
  • Measuring performance

Day 2: Quality Assurance & Improvement Program

  • The framework for quality assurance
  • Requirements of the Quality Assurance and Improvement Program
  • Evaluation of the conformance with relevant policies, procedures, and standards
  • The application of the Code of Ethics
  • Assess the efficiency and effectiveness of the internal audit activity
  • Identifies opportunities for improvement

Day 3: Internal Assessments

  • Ongoing monitoring of performance of the internal audit activity and staff.
  • Periodic self-assessment and review
  • Assess internal audit activity’s charter
  • Evaluate the applicable legislative and regulatory requirements
  • Establish benchmark of the internal audit activities
  • Establish metrics to indicate improvement in organization

Day 4: External Assessments

  • Importance of external assessment
  • Form of external assessment
  • Frequency of external assessment
  • Internal audit and audit committee function
  • Assessment of conflict of interest
  • Following up the results & recommendation of external assessments

Day 5: Using the Quality Assessment Manual to Conduct Self-Assessment

  • The effectiveness of using the resources
  • The best successful practices
  • The organization’s risk management
  • Reporting on the Quality Assurance and Improvement Program
  • Disclosure of non-conformance
  • Compliance with the regulatory requirements
  • Case studies in each day activity

Module II: Consultancy Skills for Auditors

Day 6: The Traditional Role of the Internal Auditor

  • The definition of internal auditing
  • The Concept of internal audit
  • The roles & procedures within the internal audit department
  • Preserving independence and objectivity
  • Audit preparation and planning to ensure an effective audit
  • The skills of auditors

Day 7: The Consulting Activities of Internal Auditing

  • The key consulting activities in an organization
  • The role of consulting in internal auditing
  • The link between audit committee requirements & consulting services
  • Strengthening organizational governance
  • Creating the compliance framework
  • Developing and improving risk management

Day 8: The Consulting Engagement and Skills

  • The key phases of a consultancy engagement
  • Assessment of the consulting skills
  • Developing and presenting ideas and solutions
  • Writing skills and effectively communicating results
  • The importance of effective communication and interpersonal skills
  • Demonstrating professional competency

Day 9: Consulting Tools and Techniques in an Organization

  • Identifying the tools and techniques of consulting
  • Understanding the need to listen and writing reports for consulting
  • Developing and managing the client satisfaction
  • Process benchmarking and gap analysis
  • Managing the politics issues and how to deal with
  • Managing & setting polices of conflict of interest

Day 10: Effective Consultancy in Organization

  • Enhancing the capabilities of problem-solving skills
  • Implementing on going assurance
  • Developing fraud awareness workshop
  • Strengthening the ethics & code of conduct programme
  • Assessment business development opportunities
  • Taking advantages of hidden opportunities

Certificate

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

Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

Whats Makes Copex Courses Unique?

COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

Related Categories

Finance & Accounting 10-Day Training Courses

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.

Yes, and we'd love to make that happen. COPEX  specialises in fully customised in-house training, adapting course content to align with your organisation's unique goals, culture, and industry demands. Get in touch with us directly and we'll craft the right solution for your team.

Yes, the choice is yours. The Raising the Bar of Internal Audit Training Course  runs in a traditional classroom setting across various international locations, and it's also available as a live online programme for those who prefer to learn from wherever they are. Pick the format that fits your lifestyle and schedule best.

Not at all. The Raising the Bar of Internal Audit Training Course doors are open to everyone, regardless of your background or how many years you've been in the industry. That said, having some familiarity with the subject area can help you get even more out of the experience.

Our team is available around the clock — 24 hours a day, 7 days a week — ready to answer any question you have. Whether you need help choosing the right course, completing your registration, or sorting out logistics, we're here for you.

Expect an engaging, hands-on journey — not a room full of slides and passive listening. COPEX’s delivery blends presentations with group discussions, real-world case studies, practical exercises, and collaborative workshops. The goal is simple: everything you learn, you can use immediately back at work.

You'll be in good hands. COPEX hosts its courses in premium 4-star and 5-star hotels, with professional, fully equipped training spaces designed for focus and comfort. Throughout each day, you'll enjoy refreshment breaks with coffee and snacks, plus a complimentary lunch following every session.

This Raising the Bar of Internal Audit Training Course welcomes professionals from all walks of corporate life — whether you're a seasoned manager, an emerging team leader, a subject-matter specialist, or simply someone driven to grow in their field. If you're serious about advancing your career and deepening your expertise, this course was built with you in mind.

Absolutely. Every participant who successfully completes the Raising the Bar of Internal Audit Training Course earns an COPEX Certificate of Completion — a recognised mark of professional achievement. Depending on the specific course, it may also qualify for Training credits, which will be clearly noted in the course details.

Enquiry

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.

Other Specialized Training Courses

Explore a selection of specialized training courses designed to advance your skills and knowledge in key areas critical to professional success. COPEX provides a wide range of programs tailored to meet industry demands, empowering you to stay competitive in today’s dynamic landscape.

Classroom
Joint Venture (JV) Accounting in Oil and Gas Industry
The oil and gas industry involves significant financial exposure, market volatility, and intricate investment structures. To manage these ch...
Classroom Online
Carbon Markets and Climate Finance
As the global economy accelerates its transition toward net-zero emissions, the integration of carbon markets and climate finance has become...
Classroom
Financial Statement Review and Internal Controls
As financial regulations and reporting standards continue to evolve, organizations must ensure their financial statements are accurate, tran...
Classroom
Advanced Financial Modeling for Oil & Gas
The Advanced Financial Modeling for Oil & Gas training course is designed to take participants from foundational finance concepts to advance...
Classroom Online
Advanced Financial Modelling with Excel
The Advanced Financial Modelling with Excel training course is designed to elevate your financial modelling expertise through practical, han...
Classroom Online
Foundations of Financial Modeling
The Foundations of Financial Modeling training course is designed to build your financial modelling expertise using real-world case studies...
Classroom Online
The Complete Course on Financial Modelling for Planning and Forecasting
This hands-on COPEX training course provides a full introduction to financial modelling, giving professionals the core skills needed for eff...
Classroom
The Complete Course on Investment Risk Management
This comprehensive Investment Risk Management Training Course is designed to strengthen participants’ ability to identify, evaluate, and man...