Overview

FUNDAMENTALS OF INTERNAL AUDITING

Learning Objectives

By the end of this 2-day Fundamentals of Internal Auditing program, participants will be able to:

1. Understand the role and purpose of internal auditing within an organization’s governance, risk management, and control framework.
2. Explain key principles, standards, and frameworks guiding internal audits, including IIA Standards and ISO guidelines.
3. Identify the types and scope of internal audits, including operational, financial, compliance, and IT audits.
4. Understand the internal audit process, from planning and risk assessment to fieldwork, reporting, and follow-up.
5. Develop and implement an audit plan, including defining objectives, scope, and criteria.
6. Conduct effective audit tests and evidence gathering, including documentation, sampling, and analysis techniques.
7. Evaluate internal controls and risk management practices to identify gaps and improvement opportunities.
8. Prepare clear, concise, and actionable audit reports for management and stakeholders.
9. Communicate audit findings effectively and provide recommendations that drive organizational improvement.
10. Apply ethical principles, professional judgment, and confidentiality in all auditing activities.