Executing the Internal Audit Engagement in Line with GIAS - Part 1 1.5 Credits
Planning Engagement Effectively, Conducting Engagement Work
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Nov 13, 2024 | 02:30 PM
ET
In January 2024, the IIA released its updated Global Internal Audit Standards, which will replace the IPPF in January 2025. Domain V—Performing Internal Audit Services addresses the requirements for properly executing internal audits.
The principles and related standards in this domain are related to:
This course is part one of a two-part series on Executing the Internal Audit. In this course, we will focus on Planning the internal audit. This includes planning the engagement, developing objectives and scope, executing, and communicating on the engagement. Although we will refer to the new GIAS standards for guidance in these areas, we will also focus on practical tips for executing these processes. Part two of Executing the Internal Audit will focus on recommendations and monitoring.
Join us for this essential course, where you'll gain valuable insights into effective engagement planning, developing objectives, and executing internal audits. The course integrates practical tips alongside the new GIAS standards.
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Lynn Fountain has over 39 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.
Ms. Fountain is currently engaged in her own consulting and training practice. She has successfully executed on several consulting assignments spanning areas of accounting, risk, ERM and internal audit. She is a highly sought-after trainer and international speaker and has produced hundreds of courses delivered through seminars, conferences and on-demand training. She is the author of three separate technical books.
Ms.
Fountain obtained her BSBA from Pittsburg State University and her MBA from
Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.
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EO
An amazing tool for Internal Auditors to use. This was a very clear recording with minimal distractions. Would recommend
HK
It was a great first step for learning about Internal Audit and its requirements.
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