Course Outline
Foundations of Auditing, Assessment, and Corporate Governance
- Distinguishing between auditing, assessment, review, and inspection
- The role of internal audit in governance and assurance
IIA International Standards and Code of Ethics
- Understanding the IPPF structure and mandatory components
- Maintaining independence, objectivity, and ethical integrity
Risk-Based Audit Planning and Scope Definition
- Mapping assurance activities and defining the audit universe
- Setting engagement objectives, criteria, and scope
Audit Programs, Evidence Collection, and Working Papers
- Managing audit programs in accordance with ISO 19011
- Ensuring evidence sufficiency, reliability, and proper documentation
Auditing ISO 9001 Quality Management Systems
- Applying the process approach and risk-based thinking
- Grading nonconformities and evaluating process performance
Auditing ISO 27001 Information Security Management Systems
- Reviewing Annex A control areas and risk treatment strategies
- Gathering information security evidence and applying sampling techniques
Data Acquisition and Preparation for Audit Analytics
- Managing 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
Integrating AI and Automation into 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
- Implementing rule-based and statistical outlier detection
- Applying Benford's law for analysis
- Testing for duplicates, gaps, and exceptions
Core Principles of Forensic Auditing
- Identifying types of fraud and red flag indicators
- Defining investigation scope and maintaining the chain of custody
Digital Forensics Tools and Evidence Handling
- Creating evidence images and verifying hashes
- Analyzing timelines and email metadata
Cybersecurity Risk and IT General Controls
- Evaluating access, change, and operational controls
- Considering the cyber threat landscape in audit planning
Assessing Cloud Infrastructure and Data Protection
- Reviewing shared responsibility models and cloud configurations
- Checking compliance with data protection and privacy regulations
COSO Enterprise Risk Management Framework
- Understanding the five components and ERM principles
- Managing risk appetite, tolerance, and portfolio views
Applying ISO 31000 Risk Management in Practice
- Following risk management processes and principles
- Maintaining risk registers, key risk indicators, and treatment plans
Compliance Programs and AML Prevention
- Testing compliance frameworks and controls
- Addressing AML typologies, screening, and transaction monitoring
Integrated Audit Simulation and Reporting
- Conducting an end-to-end audit of a simulated business cycle
- Documenting findings, root causes, and reporting follow-up actions
Requirements
- Professional experience in administrative, financial, compliance, or auditing roles.
- Proficiency in using spreadsheets for basic data management tasks.
- No prior background in programming or statistics is necessary.
Target Audience
- Reviewers and supervisors tasked with ensuring the quality of audits and assessments.
- Internal auditors and compliance professionals transitioning to data-driven testing methodologies.
- 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..
