Internal Auditor Advanced Training
Enhance your auditing skills and leadership potential with our Internal Auditor Advanced Training, an intensive 18 CPE-credit auditor courses designed for experienced auditors looking to refine their expertise. This comprehensive three-day virtual auditor course prepares senior auditors and aspiring audit managers to tackle complex challenges, deliver actionable insights, and drive value for their organizations.
Why attend this auditor course for advanced internal auditors?
1. Master Advanced Audit Techniques - Gain in-depth knowledge of advanced methodologies, including audit planning, risk-based evaluations, and process improvement strategies.
2. Develop Leadership Skills - Step into senior roles with confidence by learning to manage audit projects, communicate findings effectively, and contribute to organizational change.
3. Strengthen Risk Management Expertise - Understand how to identify, assess, and mitigate risks across financial, operational, and IT functions.
4. Earn 18 NASBA-Approved CPE Credits - Boost your professional profile in this auditor course with this industry-recognized accreditation.
What you’ll learn in this training for internal auditors.
This dynamic course balances advanced theories with practical applications to provide attendees with a well-rounded understanding of modern internal auditing practices.
Key Topics Include:
1. Advanced Internal Audit Planning
- Build risk-based audit plans aligned with organizational priorities.
- Learn how to allocate resources and validate audit projects effectively.
2. Performing High-Impact Audits
- Conduct financial, operational, IT, and compliance audits with advanced methodologies.
- Master interviewing techniques, walkthroughs, and control testing strategies.
3. Reporting and Communication
- Summarize findings for management and audit committees with actionable recommendations.
- Develop impactful reports that address root causes and propose corrective action plans (CAPs).
4. Ensuring Quality and Continuous Improvement
- Implement Internal Audit Quality Improvement Programs (IA QIP) to enhance audit precision and impact.
- Leverage audit software to optimize fieldwork and workpaper documentation.
5. Fraud Detection and Prevention
- Understand fraud risk indicators and apply best practices to detect, investigate, and prevent fraudulent activity.
Benefits of Attending
Attendees will leave the course with a strong skill set designed to elevate their audit performance.
- Deep Professional Insights: Gain actionable knowledge to overcome complex audit challenges.
- Leadership Growth: Prepare to step into senior auditing and audit management roles confidently.
- Regulatory Compliance Expertise: Learn to align processes with frameworks like COSO and COBIT while meeting SEC and PCAOB standards.
- Recognition for Excellence: Earn 18 CPE credits as a certification of your professional development.
Event Details
- Schedule: Held every eight weeks, Tuesday—Thursday, from 9 a.m.—3 p.m. CST (includes a 30-minute lunch).
- Format: Live virtual training.
- CPE Credits: Earn 18 NASBA-approved credits in Auditing.
- Cost: $1,250.
- Private Training: Custom sessions available for teams of two or more.
Who Should Attend?
This advanced workshop is designed for senior auditors and professionals preparing for management roles in internal auditing. Ideal attendees include:
- Senior Internal Auditors: Refine your expertise and prepare for leadership responsibilities.
- Audit Team Managers: Strengthen your ability to lead projects and communicate findings effectively.
- Compliance Professionals: Gain deeper insights into risk management, fraud detection, and controls assessment.
Why Advanced Auditing Matters
Advanced skills in internal auditing drive value across organizations by improving governance, mitigating risks, and ensuring compliance. Such expertise enables auditors to:
- Foster Confidence: Provide accurate reporting that equips management to make informed decisions.
- Strengthen Internal Controls: Identify weaknesses and propose practical, effective improvements.
- Enhance Organizational Value: Align internal audits with broader goals for operational success and innovation.
Register Today
Don’t miss this opportunity to advance your career in internal auditing. This 18-CPE-credit training equips you with the advanced skills and knowledge needed for leadership roles in auditing and risk management.
Register now to secure your spot and become an indispensable force in your organization’s internal audit function!
Details on Event Presentation
Offered on Tuesday-Thursday once every eight weeks in three six hour sessions for 18 CPE credits.
The sessions will run from 9:00 a.m. to 3:00 p.m. Central Time Zone.
There will be a lunch break from 12:00 noon to 12:30 p.m. each day.
We can schedule private courses on internal audit on your timetable for two or more attendees.
CPE Event Highlights
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What are the Internal Auditor's Responsibilities?
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Guidance that is available
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COSO 2013 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
CCS is your special source for internal audit course and IT audit training both in-person and via webinars.
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Learning Objectives
Improve the effectiveness of your Audits 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
. Who are You? What are Your Needs?
. Overview of Agenda Tailored to Your Needs
Section 2. Concepts and Definitions
. What is "Internal Auditing"? What are the Objectives?
. What is "Risk"? Can Risk Be Managed?
. What is "Internal Control" and Why Are Controls So Important?
. Guidance from the IIA, COSO and COBIT
. Regulatory Requirements from the SEC, PCAOB and Others
. What is the "Audit Life Cycle"?
Section 3. History Lesson
. Where Did Internal Auditing Start?
. Where is Internal Auditing Today?
. Where is Internal Auditing Going Tomorrow?
Section 4. Roles of the Audit Team
. Audit Committee Responsibilities
. Director of Internal Audit/ CAE
. Audit Manager
. Audit Senior/ Supervisor
. Audit Staff
. Personality Profile
Section 5. Internal and External Auditing
. Responsibilities of Management
. Responsibilities of External Auditors
. What is "Materiality"? "Misstatements"?
. Responsibilities of Internal Auditors
Section 6. "Selling" Internal Audits"
. What is the "Value Proposition?
. Marketing the Internal Audit Function
. SPIN Selling
. Metrics
Section 7. Planning the Internal Audits
. Defining Risk - A Deeper Dive
. Assessing Risk in Your Organization
. Defining Your Auditable Units
. CSAs and ICQs
. Prioritization and Selection
. Mapping Resources to the Audit Plan
. Audit Unit Rotation
. Validating Your Audit Plan
Section 8. Performing the Internal Audits
. Understanding Internal Controls
. Starting the Fieldwork
. Obtaining a Walk-Through
. Defining and Refining the Audit Procedures
. Interviewing Techniques
. Assessing the Segregation of Duties
. Internal Control Testing
. Sampling Techniques
. Using Audit Software
. Documenting Audit Workpapers
Section 9. Producing Quality Workpapers
. Workpaper Key Elements
. Organization Methods
. Documentation Examples
. Workpaper Review Deficiencies
. Audit Software Packages
Section 10. Concluding the Audit
. Components of the Report
. Summarizing for the Executives
. Detailing the Findings
. What is the Root Cause? - Root Cause Analysis (RCA)
. Recommendations and CAPs
. Opinions and Ratings
. Report Optimization and Formats
. Effective Communication of Results
Section 11. Internal Audit Quality Improvement Program
. What is "Audit Quality"?
. Implementing an IA QIP
. IA Quality Metrics - The Good and The Bad
. IA QIP Scorecard
Section 12. Summary and Wrap-Up
. Recap of Internal Audit Advanced Training
. Your Keys to Success!NASBA Program Disclosure
Program Level of Understanding: Intermediate
Prerequisites: Internal Audit 101 and/or Internal Audit 201
Advance Preparation: None
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing
CPE Credits: 18, based on 50 minutes of instruction per hour
Summary of the Subject Matter
This CPE event "Internal Auditor Advanced Training" offers a comprehensive exploration of advanced concepts and best practices tailored specifically for internal auditors.
This event focuses on enhancing the expertise of internal auditors in areas such as risk assessment, fraud detection, compliance management, and process optimization. Participants can expect to delve into advanced auditing methodologies, sharpen their skills in identifying potential risks and fraud indicators, and gain insights into leveraging technological tools for more efficient audit processes.
This training is designed to empower internal auditors with the knowledge and techniques necessary to navigate complex audit environments effectively and contribute significantly to organizational governance and risk management.