Internal auditing: a risk based approach
Understand the key elements in planning, executing, and reporting on internal audit assignments.
Partner products listed exclude VAT. You will be directed to an external site to complete purchase and VAT will be applied at checkout.
For your AAT exclusive discount apply AAT10 at partner checkout for an exclusive 10% off.
Course Type
E-learning
Length
3 - 5 hours
What you’ll achieve
- Identify the key elements of internal audit and the associated standards
- Plan and execute an internal audit assignment and design an audit programme
- Understand the responsibilities of the internal auditor with regards to fraud and how to identify fraud
- Report on an internal audit assignment and the key factors to consider when sharing these.
About this course
The Internal audit function plays a crucial role in managing and mitigating an organisation's risks. This course provides insight into this area and teaches you the key elements in planning, executing, and reporting on internal audit assignments.
Overview
E-learning |
|
3 - 5 hours |
|
Internal auditing |
Syllabus
The key elements of internal audit
- The role of the internal audit
- Internal audit standards
- Risk-based internal auditing
- Strategic and annual planning
- The impact of internal audits
- The role of the internal audit charter
- Ethics and professional development
- The rules of internal auditing
Planning an internal audit assignment
- A general approach to planning
- The importance of objectives
- Internal vs external
- Undertaking a preliminary assessment
- Designing audit programmes
- Resourcing an assignment
- Planning, objectives, and resources
Executing an internal audit assignment
- Supervising assignments
- Collecting information
- Analysis and evaluation – and how one feeds the other
- Applying considerations and documenting results
- Fraud and internal audits
- Fraud and the responsibilities of the internal auditor
Reporting on an internal audit assignment
- The key elements of an internal audit report
- Getting reporting right
- Conclusions and recommendations
- Recommendations are key
- Finalising and sharing reports
- The importance of objectives
- Following up: a crucial stage
- Lessons learnt.
How to access
You will be directed to an external site to complete purchase and VAT will be applied at checkout.
