Internal Audit & Control

Course Overview:

Program Aim

• Learn proven internal auditing and professional standards that leave no room for error.
• Go beyond the boundaries of accounting and gain real insight into the managerial, political and technical dynamics of internal auditing.

Learning Objectives

• Learn the Professional Standards Set for Internal Auditors
• Elicit Accurate and Timely Information with Proven Interviewing Techniques
• Develop Defined, Practical Audit Objectives and Proven Methods for Achieving Them
• Ensure That Records Are in Full Accord with GAAP, IRS Guidelines, Regulatory Mandates, and Company Policies
• Learn How to Audit Automated Environments
• Develop Control-Based Audit Recommendations to Help Management Meet Corporate Objectives
• Conduct Audit Closing Meetings That Achieve Positive Results

Course Content

• The internal audit environment
• The principles of effective internal audits
• Developing achievable audit objectives
• Principles of internal control
• The strengths and drawbacks of internal control systems
• Preparing complete audit work papers
• The impact of computers on the audit process
• Maintaining a positive audit environment
• Selling your audit recommendations to management