Course Description
Internal auditing is an independent,
objective assurance and consulting activity designed to add value and improve
an organization’s operations. It helps an organization accomplish its
objectives by bringing a systematic, disciplined approach to evaluate and
improve the effectiveness of risk management, control, and governance
processes.
Many organizations are feeling the
increased weight of responsibility for assessing and managing enterprise risks.
Evolving compliance and governance challenges are forcing organizations to
ensure that their internal audit functions are operating effectively and
efficiently. Internal auditors must make certain that risk management, internal controls and
governance processes are accomplishing business objectives and meeting
stakeholder expectations. If you're going to improve the value and
effectiveness of your internal
audit function, you need a comprehensive understanding of the specific
objectives, risks, and priorities relevant to your organization.
Before you can increase the
effectiveness of your internal audit function you need to highlight the
following Issues that you may be facing:
- Whether your internal audit function follows outdated routines and practices.
- Whether your internal audit function is slow to respond to changes in your business.
- Whether the current structure of your internal audit function is not appropriate to meet your requirements.
- Whether your internal audit function is under capacity.
- Whether you have a weak internal control environment.
- Whether there is little or no reliance placed on internal audit findings and initiatives.
- Whether your internal audit function is not seen as independent and objective.
- Whether there is a low use of technology within internal audit.
- Whether your internal audit function needs to be benchmarked
This CPE course is designed to provide the
required understanding and insight into understanding, designing, managing and
monitoring internal audits. Internal audits are critical to all aspects of
financial, operational and compliance processes. For businesses to succeed in
today’s global economy, professionals must be able to distinguish quickly
between everyday tasks and internal audit requirements. This continuing
education course takes a comprehensive and in-depth look at critical principles
and real-world scenarios involved in the management of your internal audit
processes and procedures.
This CPE webinar explores the key
competencies and responsibilities of today's internal audit management and
methods for meeting the requirements of the internal audit profession. In this
CPE webinar we will also discuss some of the greatest challenges of the role
and how to address those challenges.
A forward-looking audit function should
provide insight, oversight and foresight around an organization's current and
future risks and controls, especially in today’s fast-paced, “innovate or die”
business environment. Data and technology-enabled business transformation is
occurring at a pace we have not previously seen. Internal audit must respond to
stay relevant, not just in its risk-assurance role, but in the way it organizes
itself, manages resources, delivers its services, and makes use of data and
technology.
In this online CPE webinar, you will
learn to optimize the entire internal audit function and the major topics that
are highlighted in this CPE webinar:
- How to optimize teams and client relationships
- How to optimize processes
- How to optimize audit plan
- How to optimize audit tools and templates
Click here to access more CPE courses on Accounting and Auditing.
