Being an Audit Leader - In-Person
Advance Your Audit Leadership Skills to Lead with Confidence
Take the next step in your career by joining the Being an Audit Leader – In-Person CPE Training Event, a specialized program designed to empower internal auditors with the tools, techniques, and strategies needed to excel in leadership roles. Perfect for professionals with 2-10 years of experience, this course offers 24 NASBA-approved CPE credits and focuses on mastering audit leadership, team management, and the audit life cycle.
This event is ideal for new audit leaders or those aspiring to lead, providing insights into aligning audit practices with organizational goals while building strong relationships across all levels.
Why Attend?
Earn 24 Valuable CPE Credits - Bolster your credentials by completing this interactive leadership training.
Strengthen Leadership and Team Management - Learn how to supervise, develop, and inspire your audit team for better performance.
Master the Audit Life Cycle - Gain a deeper understanding of the phases of an audit, from planning to reporting.
Enhance Stakeholder Communication - Build skills to manage relationships with executive management, the Chief Audit Executive, and audit committees.
Develop a Holistic View of Auditing - Expand your expertise across financial, operational, fraud, IT, and compliance audits.
What You’ll Learn
This comprehensive program provides attendees with actionable strategies to lead their internal auditing teams effectively while tackling complex risk management challenges. Highlights of the learning objectives include:
Understand Core Leadership Roles
- Define responsibilities of the Audit Manager, Senior, and Committee members.
Navigate the Audit Life Cycle
- Explore each phase, from risk assessment and planning to reporting and implementation.
Refine Audit Types and Techniques
- Learn the essentials of financial, operational, IT, and fraud detection audits.
Master Workpaper Documentation
- Create high-quality, accurate, and concise workpapers that align with audit standards.
Communicate Audit Results Effectively
- Develop concise reports with clear recommendations and CAPs for stakeholders.
Foster a Culture of Quality
- Implement Internal Audit Quality Improvement Programs (IA QIP).
Event Highlights
This program leverages hands-on exercises, case studies, and real-world insights to equip you with the skills to lead confidently. Key highlights include:
- Comprehensive Curriculum: Covering all leadership responsibilities and audit types.
- Expert-Led Sessions: Learn directly from seasoned audit professionals.
- Interactive Learning: Gain practical experience through workshops and scenario-based exercises.
- Career Development: Build skills that translate directly into leadership roles within internal auditing.
Key Agenda Topics
Explore a detailed and structured agenda covering the following areas essential to audit leadership success:
Audit Leadership Concepts and Definitions
- Roles and responsibilities of audit leaders.
- Internal control and risk management fundamentals.
The Audit Life Cycle
- Detailed breakdown of planning, execution, and reporting stages.
Strategic Audit Types
- Insights into financial, IT, compliance, and fraud audits.
Team Management Techniques
- Supervising, mentoring, and fostering collaboration within your audit team.
Stakeholder Engagement
- Relationship management with executives and the audit committee.
Effective Workpaper Documentation
- Key elements, organization methods, and review strategies.
Audit Software and Tools
- Leveraging technology to improve audit planning, execution, and reporting.
Audit Results Communication
- Best practices for presenting findings, recommendations, and corrective action plans.
Internal Audit Quality and Metrics
- Implementing IA QIP for consistent improvement.
Event Details
- Format: Live, in-person training delivered by experienced educators.
- Schedule: Monday – Wednesday, 9 a.m. to 5 p.m. (ends at 4 p.m. on Wednesday).
- Duration: 3 days (24 CPE credits awarded).
- Cost: $2,160 per attendee.
- Location: Available across various cities nationwide.
- Prerequisites: Basic understanding of auditing processes.
Who Should Attend?
This course is designed for internal auditors and professionals aiming to excel in audit leadership roles, including but not limited to:
- Audit Managers and Seniors desiring to strengthen their leadership capabilities.
- Internal Auditors aspiring to transition into leadership positions.
- Compliance Professionals managing internal controls and audit functions.
- Risk Managers focused on integrating audit functions into organizational risk strategies.
Why Audit Leadership Matters
Strong audit leadership isn’t just about managing teams—it’s about driving value through effective internal audits, fostering accountability, and aligning audits with strategic objectives. This seminar provides all the tools and insights you need to lead with impact while enhancing your career as an audit professional.
Register Today
Take charge of your professional development with the Being an Audit Leader – In-Person CPE Training Event. Earn 24 CPE credits while unlocking the strategies to lead teams, execute audits effectively, and communicate results with clarity.
Register now to secure your spot and elevate your career as an impactful audit leader!
Details on Event Presentation
The sessions will be as follows:
Monday – 9:00 a.m. to 5:00 p.m.
Tuesday - 9:00 a.m. to 5:00 p.m.
Wednesday - 9:00 a.m. to 4:00 p.m.
Offered in-person in various cites each month on Monday-Wednesdays in sessions.
CPE Event Highlights
We will cover in this program:
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What are the Internal Auditor's Responsibilities?
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Auditor Guidance that is available
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COSO 2013 internal control guidance
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How do you manage the "Audit Life Cycle"?
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How to Conduct a financial auditing
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Auditing for fraud
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Conducting an operational audit
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Conducting an IT audit
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Improving the audit with software
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Learning Objectives
Improve the auditor's effectiveness by:
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Understanding the roles and responsibilities of the Audit Senior and Manager
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Examining methods to estimate Internal Audits and calculate Audit costs
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Identifying the phases of the "Audit Life Cycle" and how to manage them
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Learning the concepts of Financial, Operational, Fraud, Compliance and IT Audits
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Conveying the audit findings and audit status more effectively
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Key Issues on the Agenda
Introductions
Section 1. Introduction and Overview-
About Us and About Your Instructor
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Who are You? What are Your Needs?
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Overview of Agenda Tailored to Your Needs
Section 2. Concepts and Definitions
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What is "Internal Auditing"? What are the Objectives?
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What is "Risk"? Can Risk Be Managed?
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What is "Internal Control" and Why Are Controls So Important?
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Guidance from the IIA, COSO and COBIT
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Regulatory Requirements from the SEC, PCAOB and Others
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What is the "Audit Life Cycle"?
Section 3. History Lesson
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Where Did Internal Auditing Start?
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Where is Internal Auditing Today?
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Where is Internal Auditing Going Tomorrow?
Section 4. Roles of the Audit Team
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Audit Committee Responsibilities
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Director of Internal Audit/ CAE
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Audit Manager
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Audit Senior/ Supervisor
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Audit Staff
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Personality Profile
Section 5. Internal and External Auditing
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Responsibilities of Management
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Responsibilities of External Auditors
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What is "Materiality"? "Misstatements"?
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Responsibilities of Internal Auditors
Section 6. "Selling" Internal Audits"
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What is the "Value Proposition?
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Marketing the Internal Audit Function
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Using the "SPIN" Selling methology in auditing
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Metrics
Section 7. Planning the Internal Audits
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Defining Risk - A Deeper Dive
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Assessing Risk in Your Organization
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Defining Your Auditable Units
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CSAs and ICQs
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Prioritization and Selection
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Mapping Resources to the Audit Plan
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Audit Unit Rotation
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Validating Your Audit Plan
Section 8. Performing the Internal Audits
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Understanding Internal Controls
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Starting the Fieldwork
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Obtaining a Walk-Through
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Defining and Refining the Audit Procedures
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Interviewing Techniques
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Assessing the Segregation of Duties
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Internal Control Testing
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Sampling Techniques
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Using Audit Software
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Documenting Audit Workpapers
Section 9. Producing Quality Workpapers
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Workpaper Key Elements
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Organization Methods
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Documentation Examples
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Workpaper Review Deficiencies
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Audit Software Packages
Section 10. Concluding the Audit
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Components of the Report
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Summarizing for the Executives
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Detailing the Findings
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What is the Root Cause? - Root Cause Analysis (RCA)
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Recommendations and CAPs
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Opinions and Ratings
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Report Optimization and Formats
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Effective Communication of Results
Section 11. Internal Audit Quality Improvement Program
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What is "Audit Quality"?
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Implementing an IA QIP
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IA Quality Metrics - The Good and The Bad
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IA QIP Scorecard
Section 12. Summary and Wrap-Up
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Recap of Internal Audit Advanced Training
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Your Keys to Success!
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NASBA Program Disclosure
Program Level of Understanding: Intermediate to Advanced
Prerequisites: Participants should come with a knowledge of the auditing process.
Advance Preparation: A number of documents will be provided in advance.
Delivery Format: On-site Training (Group-Live); Seminar (Group-Live)
NASBA Field(s) of Study: Auditing
CPE Credits: 24, based on 50 minutes of instruction per hourSummary of the Subject Matter
This CPE event "Being an Audit Leader" offers a comprehensive exploration of the key responsibilities, skills, and best practices associated with leading audit functions within organizations. Attendees can expect to delve into the multifaceted role of an audit leader, gaining valuable insights into effective leadership strategies, stakeholder management, and driving impactful audit outcomes.
This event aims to equip participants with the requisite knowledge and tools for navigating the complexities of audit leadership, emphasizing the importance of fostering a culture of integrity, accountability, and continuous improvement within the audit function. Furthermore, the subject matter delves into the evolving landscape of auditing, addressing contemporary challenges and opportunities that audit leaders encounter in today's dynamic business environment.
By participating in this event, professionals can anticipate acquiring actionable guidance on cultivating leadership competencies, enhancing team performance, and leveraging innovative approaches to address audit-related risks and compliance requirements. Ultimately, the event aims to empower attendees with the insights and skills needed to excel as effective audit leaders, driving value and resilience within their organizations.