Introduction

This program, designed by Global Horizon Training Center, is tailored to equip internal auditors and professionals with up-to-date knowledge and practices based on the latest international internal auditing standards (e.g., 2025 updates by the Institute of Internal Auditors [IIA]). Participants will explore changes in standards, practical implementation, and how to add greater value through effective auditing practices.

Objectives

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

• Understand the 2025 updates and enhancements in internal auditing standards.

• Apply the new standards to plan, execute, and report audits effectively.

• Strengthen risk-based auditing and internal control evaluations.

• Develop practical strategies for continuous improvement.

• Enhance their role as trusted advisors and value creators within the organization.

Organizational Impact

• Ensure internal audits align with international best practices and evolving standards.

• Enhance organizational governance, risk management, and control.

• Provide greater assurance and insight for senior management and stakeholders.

• Support ethical and transparent auditing practices.

• Drive a culture of accountability and continuous improvement.

Target Audience

• Internal auditors and audit managers.

• Risk managers and compliance professionals.

• Financial controllers and senior accountants.

• Anyone involved in internal audit activities or responsible for governance and oversight.

Training Program Outline

Day 1: Overview of Internal Auditing and 2025 Standards Updates

• Introduction to internal auditing principles and frameworks.

• Overview of the IIA’s International Professional Practices Framework (IPPF).

• Key updates and changes in the 2025 standards.

• Understanding the impact of new standards on audit planning and execution.

• Group discussion: how new standards align with organizational risk and strategy.

Day 2: Audit Planning and Risk Assessment under New Standards

• Enhancing audit planning with updated risk-based approaches.

• Incorporating organizational objectives and strategic alignment.

• Developing a dynamic and flexible audit plan.

• Using data and analytics in risk assessment.

• Activity: drafting a risk-based audit plan in line with 2025 updates.

Day 3: Conducting Effective Audits and Fieldwork

• Gathering evidence and documentation practices under new standards.

• Techniques for control evaluation and testing.

• Applying updated performance standards to fieldwork.

• Ensuring objectivity, independence, and ethics in audit execution.

• Group exercise: evaluating internal controls using updated checklists.

Day 4: Reporting and Communicating Audit Results

• Principles of clear and actionable audit reporting.

• Integrating new reporting requirements from 2025 standards.

• Communicating findings to stakeholders and fostering improvement.

• Leveraging visuals, executive summaries, and risk ratings effectively.

• Role play: presenting an audit report to senior management.

Day 5: Continuous Improvement and the Future of Internal Auditing

• Embedding quality assurance and continuous improvement in audit practices.

• Monitoring compliance with new standards and self-assessment.

• Building agility and adaptability into internal audit functions.

• The evolving role of internal auditors: trusted advisor and strategic partner.

• Action planning: implementing key learnings and developing personal improvement plans.