Master Internal Auditing: Comprehensive 5-Day Training

Course Description

This intensive 5-day course provides a comprehensive overview of the internal audit process, from initial planning to final execution. Participants will learn best practices for risk assessment, audit program development, fieldwork techniques, and reporting. The course combines theoretical knowledge with practical exercises to ensure a well-rounded understanding of internal auditing.

Learning Objectives

• Develop a risk-based audit plan aligned with organizational objectives
• Master effective audit fieldwork techniques and evidence gathering
• Learn to write clear, impactful audit reports and recommendations
• Understand follow-up procedures and corrective action monitoring
• Gain insights into emerging trends and technologies in internal auditing

Course Modules

Day 1: Foundations of Internal Auditing

• Internal audit role and standards
• Risk assessment and audit universe
• Developing the audit plan
• Audit engagement planning

Day 2: Audit Fieldwork Techniques

• Interviewing skills and techniques
• Document review and analysis
• Sampling methodologies
• Audit evidence and working papers

Day 3: Advanced Auditing Procedures

• Process mapping and flowcharting
• Control evaluation techniques
• Root cause analysis
• Data analytics in auditing

Day 4: Audit Reporting and Communication

• Structuring audit findings
• Report writing best practices
• Presenting results to management
• Developing action plans

Day 5: Quality Assurance and Continuous Improvement

• Follow-up procedures
• Internal audit quality assessments
• Continuous auditing techniques
• Emerging trends in internal auditing

Practical Wins for Participants

• Ability to create risk-based audit plans aligned with organizational goals
• Enhanced skills in conducting efficient and effective audit fieldwork
• Improved report writing and presentation skills for impactful audit results
• Knowledge of latest tools and techniques for continuous auditing and improvement