COMPREHENSIVE GUIDE TO AUDIT PRACTICE AND ASSURANCE
Available Dates & Locations
COURSE OVERVIEW
The “Comprehensive Guide to Audit Practice and Assurance” is a focused 5-day program designed to prepare individuals for the Certified Internal Auditor (CIA) Part 2 exam. It covers four vital dimensions: managing internal audit activities, planning engagements, executing them, and communicating results. Through interactive lectures, case studies, and practical exercises, participants acquire the skills to offer valuable insights, effectively evaluate risks, and contribute to enhancing organizational processes. This course equips internal auditors with essential business knowledge and ensures their readiness to excel in the CIA Part 2 examination and their roles within their organizations.
COURSE OBJECTIVES
- Describe policies and procedures for the planning, organizing, directing, and monitoring of internal audit operation.
- Identify sources of potential engagements and interpret the types of consulting engagements.
- Learn how to integrate business knowledge in communicating and reporting to senior management and the board.
- Acquire understanding on how to strategically prepare for engagement to ensure the identification of critical risks and controls.
- Develop a comprehensive understanding of information gathering, analysis and evaluation, and engagement supervision.
- Enhance knowledge and skills in communicating engagement results and risk acceptance.
- Identify ways in assessing engagement outcomes, and monitoring progress.
TARGET COMPETENCIES
- Strategy Implementation, Governance & Risk
- Resource Management
- Audit Plan Development
- Risk Assessment, Audit Fieldwork and Evidence Gathering
- Stakeholder Reporting
- Recommendations Tracking
- Continuous Improvement
- CIAs-in-training.
- CIA certification-seeking auditors.
- Experienced CIA Part 2 exam preparers.
- Audit skill enhancers.
- Aspiring internal auditors and risk managers.
- Finance, accounting, compliance pros.
- Audit managers, supervisors.
- Compliance, risk officers.
- Internal audit career advancers.
The course will utilize a combination of interactive lectures, group discussions, practice questions, and mock exams. Participants will engage in hands-on activities, case studies, and practical exercises to reinforce their understanding of internal audit concepts. The course will simulate exam-like conditions, providing participants with an opportunity to practice their knowledge and test-taking skills.
