The cost of the course includes the CIA Learning System materials and courier costs. A discounted rate applies if you already have the materials plus courier costs.

Course Content

1. Managing the Internal Audit Activity (20%)

    

2. Proficiency and Due Professional Care

1. Internal Audit Operations
   • Describe policies and procedures for the planning, organizing, directing and monitoring of internal audit operations
   • Interpret administrative activities (budgeting, resourcing, recruiting, staffing, etc.) of the internal audit activity

      

2. Establishing a Risk-based Internal Audit Plan
   • Identify sources of potential engagements (audit universe, audit cycle requirement, management requests, regulatory mandates, relevant market and industry trends, emerging issues, etc.)
   • Identify a risk

      

• Recognize the knowledge, skills, and competencies required (whether developed or procured) to fulfil the responsibilities of the internal audit activity
• Demonstrate the knowledge and competencies that an internal auditor needs to possess to perform his/her individual responsibilities, including technical skills and soft skills (communication skills, critical thinking, persuasion/negotiation and collaboration skills, etc.)
• Demonstrate due professional care
• Demonstrate an individual internal auditor’s competency through continuing professional development

1. Quality Assurance and Improvement Program

• Describe the required elements of the quality assurance and improvement program (internal assessments, external assessments, etc.)
• Describe the requirement of reporting the results of the quality assurance and improvement program to the board or other governing body
• Identify appropriate disclosure of conformance vs. non-conformance with The IIA’s International Standards for the Professional Practice of Internal Auditing

   

  1. Governance, Risk Management, and Control

• Describe the concept of organizational governance
• Recognize the impact of organizational culture on the overall control environment and individual engagement risks and controls
• Recognize and interpret the organization’s ethics and compliance-related issues, alleged violations, and dispositions
• Describe corporate social responsibility

   

  1. Fraud Risks

• Interpret fraud risks and types of frauds and determine whether fraud risks require special consideration when conducting an engagement
• Evaluate the potential for occurrence of fraud (red flags, etc.) and how the organization detects and manages fraud risks
• Recommend controls to prevent and detect fraud and education to improve the organization’s fraud awareness
• Recognize techniques and internal audit roles related to forensic auditing (interview, investigation, testing, etc.)

Who should attend?

All CIA Candidates

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.