COURSE OVERVIEW

This highly-interactive course includes various practical sessions and exercises. Theory learnt will be applied using the “MS Excel” application.
This course is designed to provide participants with a detailed and up-to-date overview of Fundamentals of Internal Auditor. It covers the definition and purpose of internal auditing in finance and the role of internal auditors in organizational governance; the financial statements and identifying high-risk areas in financial statements; the internal audit standards and guidelines, code of ethics for internal auditors and differentiate mandatory guidance versus recommended guidance; the internal audit process, financial risk and control environment and essential skills for internal auditors; and the audit planning process and recognize risk assessment in financial audits.
During this interactive course, participants will learn the types of internal controls, identify data analytics in risk assessment, audit documentation and review fraud risk in financial audits; conducting fieldwork and discus sampling in financial audits and assess analytical procedures; the financial reporting audits and communication during fieldwork and technology in auditing; drafting audit findings, write the audit report, communicate with stakeholders and develop recommendations; the quality assurance in auditing and identify legal and regulatory considerations; the internal audit and corporate governance and the special topics in financial auditing; the fraud investigations and emerge trends in financial auditing.