Internal Audit Planning and Management Training

OBJECTIVE
The course will cover all aspects of planning an audit, including considering the ISA requirements, and how to document the planning. We will also look at common problems encountered during the planning of an audit.

CONTENT
• Independence and ethical considerations
• Obtaining an understanding of the client and its environment, including the client’s internal controls
• Materiality (including consideration of when different levels of materiality are needed) and performance materiality
• Preliminary analytical procedures
• Risk assessment, including the risk of fraud
• Designing an appropriate audit strategy and audit plan
• Planning the work of the audit team, including budgeting and staff allocation
• Recording the audit strategy and audit plan
• Completing the audit planning documentation

FOR WHOM: All Internal Auditors and Risk Managers in the Public and Private Sectors.
METHODOLOGY
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:
1ST BATCH: 3rd – 6th June, 2025
2ND BATCH: 16th – 19th Dec, 2025