• Beginning auditors, with up to one year's experience in internal auditing.

• Non-auditors who are responsible for implementing and monitoring effectiveness of business-controls.

• Financial, Operational, IT and External Auditors

• Audit Managers

• Corporate Attorneys

• Perform an operational audit

• Contribute greater value to audits

• Communicate more effectively with audit customers/clients

• Understand your strengths and opportunities for future development

• Become more efficient and effective in conducting audits

The following aspects will be covered for each business process:

• Planning, risks assessment and controls mapping

• Applying the COSO framework in assessing adequacy of controls

• Identifying what are the risks associated with each process and the risk mitigation activities and controls

• Appreciation of integrated audits that considers both manual and automated controls.

• Assessing the effectiveness of controls and design of audit programmes

• Common control weaknesses and recommended best practices

• Identify and share 10 important knowledge, skills, and abilities each auditor needs for success

• Discuss and provide examples of independence and objectivity issues and the impact to audits

• Understand why auditors must demonstrate high ethical conduct and professionalism to be effective

• Review and learn the required standards and strongly recommended guidance

• Provide risk management framework examples for application/use in identifying organizational risks

• Identify and discuss key certifications held by auditors and how achieving these increase auditor credibility, knowledge and opportunities for promotion

• Understand/learn the importance of continuous learning and how your career can be impacted in a positive manner

• Discuss how business acumen facilitates auditor effectiveness and methods to develop your business/industry knowledge

• Review the importance of competent, sufficient, relevant, useful and persuasive audit evidence

• Learn working paper leading practices to promote audit efficiency/effectiveness

• Discuss the meaning and application of professional judgment

• Identify the types of evidence and discuss methods, techniques and tools to gather information to support audit objectives/results

• Provide an overview of how to use critical thinking in audits including root cause analysis

• Identify and share auditor tools and techniques

• Learn how to perform and practice interviews including the resulting audit follow-up work

• Understand the audit planning steps and their importance to an audit's success

• Review the fieldwork steps and focus on the importance of test work

• Summarize the audit results and communicate effectively with management

• Review the process to develop audit objectives and audit programs that identify the primary risk areas based on the allocation of limited audit hours

• Practice key elements of the audit process

• Understand what risk-based auditing entails and what steps need to be followed to perform a risk-based audit

• Share and analyze productivity approaches and decide which ones work best for you

• Provide a high-level overview of audit's role in governance, risk management, control processes, fraud prevention/detection, IT audit and consulting

• Identify audit's primary stakeholders and the importance of determining you meet their needs/expectations

• Learn to build relationships with audit customers and the positive impact it can have on internal audit and potentially your career

• Understand the risk between annual risk assessment and engagement planning