Course Objective

This one-day course will introduce delegates to the core elements required in measuring internal audit performance as required by the new Global Internal Audit Standards™. Internal audit functions must conform with the new Global Internal Audit Standards™ as well as achieving performance objectives and pursuing continuous improvements through a well establish quality assurance and improvement program. The Chief Audit executive should establish a methodology to plan, track and measure performance (e.g., efficiency and quality).

Course Content

• How to measure Internal Audit performance in line with the New Global Internal Audit Standards™
  • Requirements of standard 12.2
  • Considerations for implementation
  • Establish performance objectives and targets for tracking and reporting on IA performance
• Developing Internal Audit “Balance Scorecard’ with KPI’s
• Developing metrics for audit effectiveness and efficiency

• Reporting dashboard for Internal Audit effectiveness and efficiency to be used for internal audit key stakeholders
• Client satisfaction survey (for key stakeholders) as one of the tools to assess Internal Audit performance

Templates of Balance Scorecard, client satisfaction survey and performance metrics

Question and answer sessions throughout

Who should attend?

Please be advised of the event terms and conditions.
Delegates are also requested to review the content and the levels of the courses presented before booking, to ensure they are attending the right course.