Advanced Internal Auditing Based on Global Internal Audit Standards (IIA)

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Advanced Internal Auditing Based on Global Internal Audit Standards (IIA)

Course Category : Audit

Develop advanced expertise in applying the Global Internal Audit Standards (IIA) to strengthen audit quality, governance, risk management, and organisational assurance.
Duration: 5 Days
Level: Advanced

Introduction

The release of the Global Internal Audit Standards by the Institute of Internal Auditors (IIA) has significantly transformed the internal audit profession, positioning it as a strategic contributor to governance, risk management, and organisational value creation. Internal audit is now expected to provide assurance, insight, and foresight beyond traditional compliance activities.
This course provides an advanced understanding of the Global Internal Audit Standards (IIA), focusing on governance, audit planning, engagement execution, quality assurance, professional ethics, and reporting practices that enhance organisational performance and stakeholder confidence..

Targeted Audience

  • Internal Audit Managers
  • Chief Audit Executives
  • Internal Auditors
  • Governance and Risk Professionals
  • Compliance Officers
  • Audit Committee Members
  • Finance Managers
  • Professionals seeking advanced IIA audit competencies

Targeted Skills

  • Applying Global Internal Audit Standards
  • Risk-Based Audit Planning
  • Governance and Risk Evaluation
  • Professional Audit Engagement Execution
  • Audit Reporting
  • Internal Audit Quality Management
  • Independence and Ethics
  • Value-Added Internal Audit Consulting

Expected Outcomes

  • Understand the structure and requirements of the Global Internal Audit Standards.
  • Apply risk-based internal auditing methodologies.
  • Develop effective annual audit plans.
  • Conduct audit engagements in accordance with international standards.
  • Produce high-quality audit reports.
  • Evaluate and improve internal audit quality.
  • Strengthen internal audit's contribution to organisational governance.

Training Topics Index

  • Evolution of the Global Internal Audit Standards
  • Core principles
  • Purpose of internal auditing
  • Governance responsibilities
  • Stakeholder expectations

  • Enterprise risk assessment
  • Annual audit planning
  • Audit universe prioritisation
  • Internal control environment
  • Audit committee coordination

  • Engagement planning
  • Evidence collection and analysis
  • Working papers
  • Internal control evaluation
  • Findings and recommendations

  • Professional audit reporting
  • Follow-up activities
  • Quality Assurance and Improvement Programme (QAIP)
  • Independence and objectivity
  • Code of Ethics

  • Consulting engagements
  • Governance assurance
  • Emerging risk auditing
  • Internal audit KPIs
  • Continuous improvement

Course Features

  • Updated and Interactive Content
  • Hypothetical Examples and Case Studies
  • Pre- and Post-assessments to Measure Impact
  • Verified Certificate with a QR Verification Code