Why This Course?
Persuasive communication is an essential skill for auditors at all levels, and is one of the 10 core skills recognized under the IIA’s Global Competency Framework for Internal Auditors. Undeniably, high-quality audit reports are a key communication tool to successfully elicit management action, and communicate crucial messages to executives and board-level readers.
In this course, you will learn to inquire and understand that it is vital to appreciate the larger picture of the audit findings in relation to the business risk and impact along with the required control practices before putting their thoughts in systematic writings to convince their management. Often, the internal auditors are only interested to communicate their thoughts without considering views from the business or how the audit findings could or have impacted the business (with clear proof), leaving them in a weak position to articulate effectively to convince the management.
Curriculum
- Embracing the Year: Key Risks and Challenges for Businesses and Assurance Functions
- Best Practice: Internal Audit Report Format, Structure and Content
- Consulting Mindset and Approach
- Audit Finding and Audit Issue
- Root Cause Analysis
- COSO 2013 (Integrated Internal Control): Where do we feature COSO 2013 in the Internal Audit Report?
- Differentiating Audit Finding and Audit Issue
- Writing Findings that Matter to the Management
- Creating More Impact: Focus on ‘Real Impact, not ‘Perceived Impact’
- Choosing the Right Words and Sentences to Create a Constructive Tone
- Emerging Types and Formats of Audit Report
- Key Features and Adopting ‘Consulting Approach’ in Presenting
- How Risk and Risk Management Elements Featured in the Report
- Correctly Identify Root Cause for each Audit Issue
- ‘Audit Recommendations’ is Outdated!
Learning Outcomes
Learn the best practice in structure, format and content of the Internal Audit Report
Ability to apply and feature COSO Control elements in discussing audit issue in the Internal Audit Report
Learn to ‘connect the dot’– Ability to articulate and relate audit issues to key focus and pursuit of the business from the eyes of the senior management
Use a consulting mind-set and approach in developing and presenting the IA Report
Understand the importance of recognizing the business and governance aspects in an audit issue
Learn to construct Audit Observation / Finding using a systematic flow of thoughts and structure
Improving insights and foresight in discussing and presenting audit issues
Improved skills in summarizing key audit issues for Executive Summary reporting
Modes of Learning
In Person
In-person training
- Face-to-face Learning : including case studies and Q&A session
- Reading Materials
- Training kit for each participants
- Course Completion Certificate
*There will be short breaks and lunch allocated at appropriate intervals
Webinar
Coming Soon
- Live Webinar Session : including case studies and Q&A session
- Reading Materials : pre-course
- Learning reinforcement : for individual modules
- Quizzes and tests : post-course
- Summary report : for quizzes and tests (post-course)
- Course Completion Certification
*There will be short breaks and lunch allocated at appropriate intervals
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Discover the professional background and core strengths behind our training approach.