Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate's treasury workflow —all the way to efficient, finance training programs.

Course Overview

This workshop provides an intensive conceptual and applied introduction to internal auditing in society. It focuses on concepts and applications related to internal auditors’ professional responsibilities as well as major facets of the audit process including risk assessment and internal audit reporting.

For More Inquiries

Motasem Sammour

Senior Financial Learning Advisor

 +966.530427932

 m.sammour@beacon.com.eg

Motasem Sammour

Senior Financial Learning Advisor

 +966.530427932

 m.sammour@beacon.com.eg

Course Outcome

Define internal audit, its scope and function within the company

List the internal audit standards constituting the framework of the internal audit activity

Distinguish the types of internal audit assignments related to operational, compliance or financial internal audit

Describe the internal audit fieldwork guidelines and apply techniques for risk identification, controls identification and controls testing

Recognize fraud and express the internal auditor's responsibility upon fraud detection

Course Outline

Topic 1 :Internal Audit as a Core Function

Overview of internal auditing Lines of defense.

Roles and responsibilities of internal auditors.

Differences between internal auditing and external auditing





Topic 2 :Effective Internal Audit.

Types of engagements

Types of audits The internal audit profession

Topic 3 :Internal Audit Activities and Standards.

International Professional Practices Framework (IPPF).

Mission of Internal Audit.

Core Principles for the Professional Practice of Internal Auditing.

Definition of Internal Auditing.

Codes of Ethics.

International Standards for the Professional Practice of Internal Auditing (Standards).

Recommended Guidance.

Topic 4 :Managing the Internal Audit Function.

Internal audit charter.

Managing internal audit staff.

Managing internal audit activity.

Managing internal audit conflict Outsourcing.

Quality assurance and improvement program (QAIP).

Topic 5 :Risk identification, controls identification and controls testing in Internal Audit.

Risk Management and Control

Key governance elements

Overview of risk management

Components of risk management

Roles and responsibilities of the participants in risk management


Who Should Attend

Managers and employees who are interested to know about internal audits
and what internal auditors do, and Managers and employees who want to learn about risk and risk assessment, Beginner Internal auditors who need practical knowledge to perform internal audit engagements. 

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