Adding Value in Internal Audit

Course overview

Course outline

1. 1Day 1: Internal Audit Excellence and Strategic Impact

   • Understanding the evolving role of internal audit in modern organizations
   • Positioning internal audit as a driver of organizational improvement and positive change
   • Understanding current standards and emerging audit expectations
   • Strengthening risk awareness and risk-focused audit planning approaches
   • Developing high-performing internal audit teams and capabilities
   • Improving the visibility and value perception of internal audit activities
2. 2Day 2: Value for Money Auditing and Performance Evaluation

   • Understanding the principles and objectives of value-focused auditing
   • Exploring the benefits and practical applications of value-based audit approaches
   • Evaluating efficiency, economy, and effectiveness within operations
   • Applying techniques for measuring operational value and performance
   • Understanding performance indicators and measurement tools
   • Reviewing practical examples and case-based applications
3. 3Day 3: Risk-Based Audit Focus and Value Creation

   • Prioritizing audit activities with the greatest organizational impact
   • Evaluating third-party relationships and outsourced activities
   • Assessing risks and controls associated with external service providers
   • Managing audit activities designed to generate operational value
   • Understanding continuous auditing techniques and monitoring approaches
   • Applying assurance mapping to improve audit coverage and coordination
4. 4Day 4: Governance and Stakeholder Value Enhancement

   • Understanding the foundations and principles of corporate governance
   • Auditing governance structures and oversight processes
   • Building productive relationships with audit committees and key stakeholders
   • Reviewing ethical practices and corporate responsibility initiatives
   • Understanding stakeholder expectations and enhancing audit effectiveness
   • Assessing emerging areas and non-traditional audit environments
5. 5Day 5: Auditing Complex and Emerging Risk Areas

   • Understanding information security risks and control environments
   • Reviewing risks associated with developing systems and technologies
   • Auditing external communications and digital platforms
   • Evaluating risks and controls in technology and transformation projects
   • Assessing business continuity and resilience frameworks
   • Understanding brand protection and reputation management risks