Internal Audit According to International Standards and Regulatory Systems

Day 1: Introduction to Internal Audit and International Standards

Objectives:

1. Understand the role and objectives of internal auditing in organizations.
2. Learn about international standards for internal auditing (such as IIA, ISO).
3. Explore the importance of internal auditing in ensuring compliance and governance.

Topics:

• Introduction to Internal Audit
  • Definition of internal auditing and its objectives.
  • The role of internal audit in enhancing organizational performance.
  • The difference between internal audit and external audit.
• International Standards for Internal Audit
  • International Internal Audit Standards (IIA).
  • ISO 19011 and ISO 9001 in auditing.
  • How to implement international standards in internal auditing.
• Internal Audit Organizations and Bodies
  • The role of organizations like IIA and ISACA in developing audit standards.
  • Regulatory frameworks related to internal auditing in both the public and private sectors.

 

Day 2: Internal Audit Applications and Risk Analysis

Objectives:

1. Learn how to perform effective internal audits on systems and procedures.
2. Understand how to analyze risks and prioritize audits.
3. Apply various audit tools and techniques to ensure compliance.

Topics:

• Internal Audit Procedures
  • Phases of internal auditing: Planning, data collection, analysis, reporting.
  • How to create an effective audit plan.
  • Tools and techniques for data collection and analysis.
• Risk Analysis in Internal Auditing
  • Identifying risks in internal systems and procedures.
  • How to assess risks and prioritize audits.
  • Risk management strategies during the auditing process.
• Regulatory Compliance
  • Ensuring compliance with internal and external regulations.
  • Monitoring processes to ensure alignment with policies and standards.
  • Auditing as a tool for investigating transparency and accountability.

 

Day 3: Internal Audit in Light of Regulatory Systems and Compliance

Objectives:

1. Understand the importance of internal auditing in the contemporary business environment.
2. Learn how to navigate laws and regulations in internal auditing.
3. Explore the role of auditing in promoting governance and achieving sustainability.

Topics:

• Internal Audit in the Business Environment
  • Current challenges in internal auditing within organizations.
  • Internal auditing in light of technological changes (auditing digital systems).
  • The importance of internal audit in promoting organizational sustainability.
• Legal and Regulatory Compliance in Internal Auditing
  • The role of internal auditing in ensuring compliance with local and international laws and regulations.
  • How to ensure compliance with financial and accounting laws.
  • The importance of auditing in promoting best business practices.
• Enhancing Governance through Internal Audit
  • The role of internal audit in ensuring good governance.
  • Auditing as a tool for promoting transparency and accountability within organizations.
  • How to foster a governance culture through internal auditing.