INTERNAL AUDIT QUALITY ASSURANCE

This training course is designed to enable an evaluation of the internal audit activity’s conformance, an evaluation of whether internal auditors apply the Code of Ethics. The program also assesses the efficiency and effectiveness of the internal audit activity and identifies opportunities for improvement.

This highly interactive training course provides the best practices of International Standards for the Professional Practice of Internal Auditing. It provides you with the skills and knowledge to demonstrate this conformance to your stakeholders, as well as to improve an enhanced program that includes ongoing monitoring of performance, periodic internal assessments and external assessments.

  • Provide an overview regarding standards which require quality assurance focus
  • Identify how to establish a Quality Assurance and Improvement Program
  • Enhance use of ‘Conformance with International Standards for the Professional Practice of Internal Auditing’
  • Provide guidance on using the Manual programs to conduct a self-assessment with independent external validation
  • Determine the efficiency of your internal audit function
  • Identify and practice facilitation skills and issues in your own environment

Day 1

Overview on Internal Audit & Quality Assurance

  • Definition of Internal Auditing 
  • The Principles of Conduct of the Code of Ethics
  • Internal Audit Activities
  • Definition of the International Standards for the Professional Practice of Internal Auditing (Standards)
  • What is quality assurance?
  • The framework for quality assurance

Day 2

Quality Assurance & Improvement Program

  • Objective of A Quality Assurance and Improvement Program
  • Requirements of the Quality Assurance and Improvement Program
  • Evaluation of the internal audit function’s conformance with relevant policies, procedures and standards
  • Evaluation of whether internal auditors apply the Code of Ethics
  • Assess the efficiency and effectiveness of the internal audit activity
  • Identifies opportunities for improvement

Day 3

Internal Assessments

  • Ongoing monitoring of performance of the internal audit activity
  • Periodic self-assessment and review
  • Assess internal audit activity’s charter
  • Evaluate the applicable legislative and regulatory requirements
  • Establish bench mark of the internal audit activities
  • Establish metrics to indicate improvement in areas of partial conformance or non-conformance with the Standards and successful practices

External Assessments

  • Why external assessment
  • Form of external assessment
  • Frequency of external assessment
  • Internal audit and audit committee charter
  • Assessment of conflict of interest
  • Following up the results & recommendation of external assessments

Day 4

Outbound Activities Aimed At Improving:

  • Communication
  • Teamwork
  • Confidence
  • Motivation

Day 5

Using the Quality Assessment Manual to Conduct Self-Assessment

  • The effectiveness of using the resources
  • The best successful practices
  • The organization’s risk management
  • Reporting on the Quality Assurance and Improvement Program
  • Disclosure of non-conformance
  • Compliance with the regulatory requirements

  • Auditors / Auditing Managers
  • Accounting Executives / Managers
  • Financial Reporting Managers
  • Financial Executives / Managers / Controllers
  • Budgeting Officers / Executives / Managers
  • Business / Investment Analysts & Managers
  • Regulatory Compliance Officers
  • Commercial Analysts

  • Face To Face
  • Role playing
  • Post session assessment
  • Video presentation
  • Case study

  • English
  • Indonesia