Internal Audit Fundamentals Part 3 – Risk, Value for Money and Operational Auditing

Quorum Training

Course

In City of London

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£ 465 + VAT

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Description

  • Type

    Workshop

  • Location

    City of london

  • Class hours

    6h

  • Duration

    1 Day

Aimes at those new to internal audit

This course is the third part of a modular three-day programme. Although we recommend attending all three days each day is self-contained and can be taken separately. This part of the programme looks at the remaining areas of the internal audit remit – risk, operational auditing and consulting activities.

It addresses the key area of risk management, raising delegates’ awareness of what is meant by the term ‘risk’, how organisations seek to manage their risk and the role of internal auditors in the risk management framework. Delegates will learn how internal auditors can prioritise their work most efficiently by taking a risk-based approach.

Facilities

Location

Start date

City of London (London)
See map
138-142 Holborn, EC1N 2NQ

Start date

On request

About this course

The course is primarily aimed at people starting out as internal auditors and will also benefit experienced auditors requiring either an insight into audit theory and effective audit methodologies or a refresher and update. The course is applicable to all business sectors.

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Subjects

  • Risk
  • Internal Auditng
  • Risk Management
  • Audit
  • Auditing
  • IT Auditing
  • IT risk
  • Risk Mgmt
  • Planning Process
  • Organisational Behaviour

Teachers and trainers (1)

Steve Giles

Steve Giles

Teacher

Steve qualified with Deloitte & Touche in 1983. From 1990 he specialised in special projects & forensics (including headline cases such as Polly Peck & BCCI), working on a variety of governance, risk management, fraud assignments both in the UK and abroad. Steve left Deloittes in 1997 and since then has built up a track record of success on an independent basis in helping executives, through risk-based techniques, to find solutions to a variety of unusual business problems.

Course programme

The course then explores the area of operational auditing and looks at two demanding internal audit challenges: value-for-money auditing and auditing the supply chain. The course is highly interactive throughout, combining practical tips and advice with quizzes and audit scenario exercises.

CONTENT
  • Risk management essentials – what is risk, how is it measured and techniques to manage it
  • Operational risk and the modern risk management toolkit – how organisations set up an effective risk management process
  • Risk-based auditing in action – overview, planning, process
  • Operational auditing – an overview
  • Practical application – auditing the supply chain
  • Value for money auditing
  • How the internal auditor should operate as a valued consultant

See related categories

Internal Audit Fundamentals Part 3 – Risk, Value for Money and Operational Auditing

£ 465 + VAT

The best Quality Control courses

See all

See all