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Fundamentals of Internal Auditing and Audit Report Writing Training Week

ACI Learning
Course summary
5 days
English
Dubai, London, Singapore
Professional Training

Course description

Fundamentals of Internal Auditing and Audit Report Writing Training Week

Welcome to Fundamentals of Internal Auditing and Audit Report Writing Training Week, which comprises:

Part 1: Fundamentals of Internal Auditing - 3 Days

Part 2: Audit Report Writing - 2 Days

Each part can be booked independently or you can book both parts to secure a 10% discount on the entire booking.

Overview:

Whether you wish to learn new skills or to polish existing ones to be in line with best practice, this week provides you with all you need to become today’s modern internal auditor. It will also give you the opportunity to improve your own report writing meet the needs of your readers and inspire action.

Part 1: Fundamentals of Internal Auditing

This seminar introduces new internal auditors to their role and responsibilities and highlights best practices and provides a refresher on the standards to participants with experience. The role of the internal audit department is explained within the broader context of assurance provision highlighting the profession’s current challenges and reviewing some of the events that have led to the current emphasis on auditing and assurance. The seminar teaches the basic tools and techniques necessary to carry out audit assignments together with accepted best practice approaches and provides a safe and comfortable environment in which to practice with specifically designed exercise case studies. The IIA Performance standards are referenced throughout the course.

Part 2: Audit Report Writing

Writing an effective audit report is a challenging activity as the report has to satisfy the differing needs of the different readers. Report writing is a key skill for auditors and a skill that doesn’t often come naturally to them. Auditors collect and analyse detailed information and are generally more comfortable with reporting at a detailed level as opposed to delivering the key messages to senior managers that focus on risk. Audit reports often provide senior managers with a detailed list of what hasn’t been done well rather than highlighting the most significant issues and concentrating on what needs to be completed to remediate any discrepancies. This two-day course will guide participants through the basic elements of the report writing process from thinking about the needs of their readers, to selecting the most appropriate style and tone and writing with clarity to get results. Participants will have the opportunity to bring extracts of their own reports with them to work on and review in the context of the ideas presented. Exercises will be provided in each session as appropriate.

Why attend this course?

  • Understand the basic elements of a well-written audit report
  • Review stakeholder requirements and structure a report to meet their needs
  • Structure audit findings to clearly set out the criteria, condition, root cause and recommendation
  • Select the key messages for the executive summary that focus on risk and get results
  • Practice each step of the report writing process, from thinking about your audience to organizing your ideas to meet their needs and crafting and streamlining your writing

Methodology: The training week is extremely interactive with case studies and real-life examples used throughout. Participants will have the opportunity to network and share experiences with other professionals

Suitability - Who should attend?

Internal, financial, operational and information technology auditors; security professionals.

Prerequisite: Basic auditing experience

Outcome / Qualification etc.

MISTI Certificate and 40 CPE points.

Training Course Content

Part 1: Fundamentals of Internal Auditing

  • Session 1: Internal Audit Life Cycle and Key Concepts
  • Session 2: Risk Assessment Strategies
  • Session 3: Audit Project Planning
  • Session 4: Documenting Internal Controls
  • Session 5: Audit Programs
  • Session 6: Fieldwork Techniques
  • Session 7: Audit Interviews, Walkthrough's, Meetings
  • Session 8: Workpapers
  • Session 9: Audit Findings
  • Session 10: Audit Reports and Written Communication
  • Session 11: Sampling and Data Analysis
  • Session 12: Events Which Have Helped to Create Growth in Internal Audit

Part 2: Audit Report Writing

  • Session 1: Organising Writing
  • Session 2: Issue Writing
  • Session 3: Perfecting Writing (“Common Grammar and Punctuation Pitfalls”)
  • Session 4: Writing Effective Emails
  • Session 5: Improving Tone in Writing
  • Session 6: Design Elements
  • Session 7: Advanced Editing
  • Session 8: Audit Writing Toolbox & Summary

Expenses

The Price for Part 1 (3 Days) is £2,350+VAT

The Price for Part 2 (2 Days) is £1,700+VAT

The Price for Combined Training (Save 10%): Part 1+Part 2 (5 Days) is £3,645+VAT

Provider: ACI Learning

ACI Learning

ACI Learning

At ACI Learning, we train leaders in Cybersecurity, Audit, and Information Technology. Whether you're starting your IT career, mastering your profession, or developing your team, we're with you every step of the way. We believe that training is not a...


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Contact information for ACI Learning

ACI Learning

MIS Training Institute
30 Crown Place
EC2A 4EB London

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www.misti.co.uk


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