Audit Planning Right from the START
Why This Course?
Undeniably, it is becoming increasingly difficult for Internal Auditors in the workplace to stay abreast of the rapidly changing environment of Internal Audit as well as organisational demands, both in the public and private sectors. Besides the increasing level of efficiency expected, the Internal Audit is also expected to focus on a myriad of Strategic, Governance, Compliance and Risk issues (both current and emerging) confronting the organization’s businesses which are ever growing in term of volume, complexity and geographical reach.
In order to cope with demand of the businesses and expectations of its stakeholders, the Internal Audit would have no other choice but to revisit and re-engineer its existing approach and processes starting from Audit Planning so as not to be caught in the famous saying: “Failing to plan is planning to fail”.
Curriculum
- Audit Planning Category : Annual Audit Planning (“AAP”) and Engagement Planning (“EP”)
- The Difference between AAP & EP
- RACI of AAP and EP
- Think and Plan Strategically
- Engagement with Key Stakeholders: How to Strike a Balance between being a ‘Trusted Advisor’ and ‘Unwelcomed Auditor’ to Your Clients
- Vital RCM (Risk & Control Matrix) to Aid Audit Planning
- The ‘7 Critical Steps’ in Audit Planning
- How Best to Accomplish the Desired Outcome in AAP & EP
- Key Steps and Focus in Completing the AAP & EP
- Changing The Rule: Make the All-important Audit Sampling Decisions during Audit Planning Stage
- Audit Sampling for Discovering Findings or Confirming Findings?
- Communication: Master the Art of What and How to Communicate to Key Stakeholders
Learning Outcomes
Modes of Learning
In Person
Coming Soon
- Face-to-face Learning : including case studies and Q&A session
- Reading Materials
- Learning reinforcement : for individual modules
- Quizzes and Tests
- Summary report : for quizzes and tests (post-course)
- Course Completion Certificate
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
Discover the professional background and core strengths behind our training approach.
