Keys to Managing an Effective Internal Audit Function

Learning Objectives

• To explain the evolving role of internal audit leadership in today's dynamic business landscape.
• To explore key competencies and responsibilities essential for effective internal audit management in response to globalization, technological changes, and increased stakeholder attention.
• To evaluate leading practices and methodologies that address the challenges faced by internal audit professionals, focusing on the demands of Audit Committees and senior management.
• To explore effective relationships with both organizational management and the Audit Committee, emphasizing communication, trust, and mutual understanding.

Course Description

In today's fast-paced business landscape, internal audit processes demand a dynamic framework to adapt to several key factors shaping the corporate landscape.

Globalization, rapid technological advancements, heightened attention from shareholders and stakeholders, and the ever-growing demands of Audit Committees and senior management necessitate internal audit practices to evolve. This CPE Course aims to delve into the essential competencies and responsibilities that internal audit management must possess in the contemporary business environment. 

In this online CPE Auditing webinar, we will comprehensively address some of the most significant challenges faced by internal audit roles today. We will explore strategies and best practices to effectively navigate and overcome these challenges. Our goal is to assess leading practices that effectively meet the evolving requirements of the internal audit profession. By the end of this course, participants will gain insights into effective approaches and leading practices for managing the challenges within the internal audit profession, ultimately enhancing the overall excellence of their audit processes.

Major Topics covered:

• Role of today’s IA leadership. 
• The role of IA in corporate governance. 
• Keys to building effective relationships with management and the AC. 
• Keys to staffing and training IA and Developing a resource gap analysis. 
• Synergizing internal audit processes with other quality assurance groups.

Join this CPE Auditing Course to gain invaluable insights into managing an effective internal audit function, equipping yourself with the knowledge and skills needed.

Overview

• Internal audit (IA) management series

  8 mins
• Facilitate evaluation internal control and SOX

  20 mins
• Role of IA management

  32 mins
• Targets for today's leadership

  51 mins
• Building relationship

  73 mins
• Keys to staffing & training IA

  88 mins
• Chief audit executive (CAE) requirements

  99 mins
• Synergizing - Speak to your Audit Committee (AC) and management

  112 mins