This training course is designed to assist the auditors in understanding the organization’s business objectives & strategy to identify risks that create barriers to the organization’s achieving its objectives and executing its strategy successfully. This training course will help you to promote the safety and soundness of the firms and to discover the benefits of an effective audit process.

This highly interactive training course brings together the assurance & consulting skills designed to help you in supporting your organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

These skills will be developed through group exercises, case studies and other activities relevant to your organization.

  • Learn how to conduct an internal quality assessment as a benchmark and as preparation for an internal audit quality assurance
  • Measure the efficiency of your internal audit function
  • Develop your own road map to conformance with international standards for the professional practice of internal auditing
  • Enhance skills in internal auditing and as well in risk management, governance and compliance (GRC Model)
  • Learn how to develop a gap analysis to identifying where you already have a strong skills base and where you might need to strengthen them
  • Understand the consultant responsibilities & services and how to be creative and to demonstrate how it can add value
  • Discover skills to provide consultancy services as well as assurance services and learn how to use core skills to both an auditor and a consultant

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

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 2

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 3

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

Day 4

Outbound Activities Aimed At Improving:

  • Communication
  • Teamwork
  • Confidence
  • Motivation

Day 5

The Traditional Role of the Internal Auditor

  • The Concept of internal audit
  • The roles & procedures within the internal audit department
  • Preserving independence and objectivity
  • Audit preparation and planning to ensure an effective audit
  • The skills of auditors

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

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

  • English
  • Indonesia