Introduction:

• Brief overview of the importance of internal auditing in organizations.

• Explanation of how internal auditing contributes to risk management, compliance, and organizational improvement.

Objectives:

By the end of this training program, participants should be able to:

• Understand the key concepts and principles of internal auditing.

• Identify the role of internal audit in organizational governance.

• Apply fundamental audit techniques and methodologies.

• Comprehend the importance of ethics and professionalism in internal auditing.

• Interpret and communicate audit findings effectively.

Target Audience:

This training program is designed for:

• Internal auditors who are new to the field.

• Financial professionals interested in expanding their knowledge of internal auditing.

• Managers and executives seeking a better understanding of internal audit processes.

Outlines:

Day 1:

Introduction

• Overview of Internal Auditing

• Importance of Internal Controls

Day 2:

Standards and Frameworks

• International Standards for Internal Auditing

• COSO Framework and Its Role

• Risk-Based Auditing Concepts

Day 3:

Audit Planning and Execution

• Audit Planning and Risk Assessment

• Audit Evidence and Sampling

• Conducting Interviews and Documentation

Day 4:

Reporting and Communication

• Developing Effective Audit Reports

• Communicating Audit Results

• Continuous Improvement and Follow-Up

Day 5:

Professionalism and Ethics

• Code of Ethics for Internal Auditors

• Independence and Objectivity

• Audit Case Study and Practical Exercises