Course Outline
Audit, Assessment, and Organizational Governance
- Distinguishing between audit, assessment, review, and inspection
- The role of internal audit in governance and assurance
IIA International Standards and Code of Ethics
- Structure of the IPPF and required elements
- Maintaining independence, objectivity, and ethical behavior
Risk-Based Audit Planning and Scope Definition
- Mapping assurance activities and defining the audit universe
- Establishing engagement objectives, criteria, and scope
Audit Programmes, Evidence, and Working Papers
- Managing audit programmes according to ISO 19011
- Ensuring the sufficiency, reliability, and proper documentation of evidence
Auditing ISO 9001 Quality Management Systems
- Applying the process approach and risk-based thinking
- Classifying nonconformities and evaluating process performance
Auditing ISO 27001 Information Security Management Systems
- Reviewing Annex A control areas and risk treatment strategies
- Collecting information security evidence and applying sampling techniques
Data Collection and Preparation for Audit Analytics
- Working with source systems, data extracts, and data dictionaries
- Performing data cleaning, validation, and completeness checks
Analytical Procedures, Sampling, and Full-Population Testing
- Conducting trend, ratio, and reasonableness analyses
- Comparing sampling methods with full-population testing
AI and Automation in the Audit Lifecycle
- Utilizing automated audit software and workflow management tools
- Leveraging Generative AI for evidence review and report drafting
Anomaly Detection and Fraud Indicator Testing
- Using rule-based and statistical methods to detect outliers
- Applying Benford's law analysis
- Testing for duplicates, gaps, and exceptions
Foundations of Forensic Auditing
- Identifying fraud types and red flag indicators
- Defining investigation scope and maintaining the evidence chain
Digital Forensics Tools and Evidence Management
- Creating evidence images and verifying hash values
- Analyzing timelines and email metadata
Cybersecurity Risk and IT General Controls
- Reviewing access, change, and operations controls
- Incorporating the cyber threat landscape into audit planning
Cloud Infrastructure and Data Protection Assessment
- Evaluating shared responsibility and cloud configurations
- Conducting data protection and privacy compliance checks
COSO Enterprise Risk Management
- Understanding the five components and ERM principles
- Defining risk appetite, tolerance, and portfolio perspectives
ISO 31000 Risk Management in Practice
- Implementing risk management processes and principles
- Maintaining risk registers, key risk indicators, and treatment plans
Compliance Programmes and AML Prevention
- Testing compliance frameworks and controls
- Reviewing AML typologies, screening, and transaction monitoring
Integrated Audit Simulation and Reporting
- Executing an end-to-end audit of a simulated business cycle
- Documenting findings, root causes, reports, and follow-up actions
Requirements
- Relevant experience in administrative, financial, compliance, or auditing functions.
- Basic proficiency in using spreadsheets for data management.
- No prior knowledge of programming or statistics is necessary.
Target Audience
- Reviewers and supervisors accountable for the quality of audit and assessment activities.
- Internal auditors and compliance officers transitioning towards data-driven testing methods.
- Finance, administrative, and operations personnel who participate in or receive audits.
Testimonials (2)
Fun to talk
Jihan Fadila - BAF
Course - Root Cause Analysis (RCA) for Internal Audit
The trainer was helpful..
