Introduction

This workshop is designed to provide a comprehensive understanding of the internal audit process and its role in governance and risk management. The program includes an introduction to an internal audit, internal audit planning, preparing for the internal audit, and implementation of new governance systems. The workshop will be interactive, with group exercises, discussions, and case studies to provide participants with hands-on experience.

Workshop Objectives

• To provide participants with a thorough understanding of the internal audit process and its role in governance and risk management.

• To equip participants with the knowledge and skills needed to develop an internal audit plan and prepare for an internal audit.

• To discuss the benefits and challenges of implementing new governance systems and share best practices for successful implementation.

Target Audience

The workshop is intended for:

• Internal auditors

• Risk managers

• Compliance officers

• Other professionals are involved in governance and risk management.

Workshop Outline

Day 1: Introduction to Internal Audit

• Introduction to internal audit
• Purpose and scope of internal audit
• Overview of internal audit process and methodology
• Role of internal audit in governance and risk management

Day 2: Internal Audit Planning

• Steps in developing an internal audit plan
• Identifying audit objectives, scope, and risk areas
• Allocating resources and scheduling audits

Day 3: Preparing for the Internal Audit

• Reviewing relevant documents and records
• Identifying key controls and areas for testing
• Communicating with management and stakeholders

Day 4: Governance Systems and Internal Controls

• Overview of governance systems and frameworks
• Implementation of new governance systems
• Benefits, challenges, and best practices
• Reviewing internal controls for compliance with laws and regulations

Day 5: Conclusion and Knowledge Integration

• Summary of key takeaways
• Next steps for ongoing internal audit and governance improvement
• Q&A session for participants
• Final clarification and discussion with participants