Internal Auditor Basic Training: Essential Skills for Auditors
Kick-start your internal auditing career and develop essential skills with our Internal Auditor Basic Training Seminar. This 18-CPE credit course provides a comprehensive introduction to the internal audit process, its focuses on how to become an internal auditor, helping you master core auditing concepts, methodologies, and best practices. Whether you're new to the role or want a deeper understanding of auditing principles, this training equips you to thrive in your professional responsibilities.
Why Attend Internal Aduitor Basic Training?
1. Understand the Audit Life Cycle - Learn the full audit process—from risk-based planning and fieldwork to documenting findings, reporting, and follow-up. This is the 360 internal audit training for beginners.
2. Build Expertise in Risk and Control - Gain insights into assessing enterprise risks, evaluating controls, and creating actionable audit recommendations.
3. Develop Communication and Reporting Skills - Master both written and verbal communication techniques essential for creating impactful audit reports and engaging stakeholders.
4. Earn 18 NASBA-Approved CPE Credits - Enhance your professional development with credits that bolster your standing as a qualified auditor.
Learn the fundamentals in Internal Auditor Basic Training
This in-depth program walks you through the fundamentals of internal auditing, focusing on practical knowledge and real-world application. The event content covers the internal audit basics for professionals.
Course Highlights:
1. Audit Life Cycle Overview:
- Understand the steps of planning, conducting, and reporting audits.
- Explore the key relationships between business objectives, risks, and internal controls.
2. Risk Assessment:
- Identify and categorize risks using the Enterprise Risk Model.
- Learn how to conduct risk-based planning for audits with both tactical and strategic objectives.
3. Audit Fieldwork Techniques:
- Gain hands-on knowledge in interviewing, internal control assessment, audit sampling, and workpaper documentation.
- Learn to test internal controls and evaluate business processes for consistency and reliability.
4. Constructing Effective Audit Reports:
- Review audit reporting tools, emphasizing clarity and concise recommendations.
- Develop actionable executive summaries tailored to management’s needs.
5. Soft Skills for Auditors:
- Learn interpersonal and team-building skills essential for successful audits.
- Discover methods for conducting productive interviews and motivating management action.
6. Advanced Tools and Practices:
- Delve into audit software use, root cause analysis, and audit process improvement.
- Explore compliance, performance audits, fraud detection, and IT auditing.
Benefits of Attending This Training for Auditors
By completing this seminar, you will gain the tools and confidence to effectively fulfill your role as an internal auditor, including:
- Elevating Audit Quality: Perform audits that align with industry best practices and regulatory compliance.
- Strengthening Risk Oversight: Assess enterprise risks with accuracy and create meaningful audit plans.
- Enhancing Professional Skills: Build effective communication and collaboration skills for impactful audits.
- Advancing Your Career: Achieve professional goals while earning 18 CPE credits for auditing expertise.
Event Details for this Basic Training for Internal Auditors
- Schedule: Offered every eight weeks on Tuesday–Thursday, featuring three interactive 6-hour sessions from 9 a.m.–3 p.m. CST (includes a lunch break at noon).
- Delivery Format: Virtual, group internet-based learning.
- CPE Credits: 18 NASBA-approved credits in Auditing.
- Cost: $1,250.
- Private Events: Customizable courses for groups of two or more.
Who Should Attend Internal Auditor Basic Training?
This program is perfect for new auditors, professionals transitioning into the internal audit field, and anyone interested in deepening their audit knowledge. Ideal participants include:
- New Internal Auditors: Build a strong foundation from day one in your new role.
- Audit Managers: Equip yourself to lead effective audit teams and refine processes.
- Compliance Professionals: Gain a better understanding of the audit’s role in ensuring organizational accountability.
Why Internal Auditing Matters
Internal auditing plays a vital role in maintaining transparency, efficiency, and accountability within organizations by:
- Supporting Business Objectives: Aligning internal controls with strategic priorities.
- Evaluating Risks and Controls: Identifying areas for improvement and minimizing potential disruptions.
- Fostering Trust: Enhancing client, shareholder, and stakeholder confidence through rigorous assurance processes.
Register Today
Step into the world of internal auditing with confidence. This 18-CPE credit seminar offers practical knowledge and tools that empower you to master the audit life cycle, assess risks, strengthen controls, and make a lasting impact on your organization.
Register now to secure your spot and take the first step toward auditing excellence!
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.
NASBA Program Disclosure
Program Level of Understanding: Basic
Prerequisites: None 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
CPE Event Highlights
Internal Auditor Basic Training: Essential Skills for Beginners
- What are Auditing Standards?
- Understanding Risk Assessment.
- Understanding the elements of an effective organizational culture.
- Best Practices in creating an internal audit function.
- Best Practices in conducting audit fieldwork.
- Best Practices for testing internal controls and business processes.
- Audit verbal and written communications defined.
- Best Practices for testing internal controls.
- Best Practices in creating internal audit reporting tools.
- What to include and not include in each audit report.
- Essential sections of each type of audit report.
- How to properly document credibility determinations.
- Principles of clear and concise reporting.
CCS is your special source for internal audit course and IT audit training both in-person and via webinars.
Learning Objectives
Internal Auditor Basic Training: Essential Skills for Beginners
- Understand why the internal audit function exists as a major entity level control.
- Review the different standards that can be applied to the audit function: IIA, PCAOB, Yellow Book, Green Book, COSO, ISACA, ISO, NIST, etc.
- How to identify risks at all levels in the Enterprise Risk Model.
- How to categorize risk and construct an effective internal audit plan that has both strategic and tactical goals.
- Understand how auditors are not the managers of an organization.
- Learn the Dr. Kotter's Eight Stage Process to guide the internal audit functions role in creating positive changes in an organization.
- Understand how an audit is conducted.
- Understand how to use the S.P.I.N (Situation - Problem - Implication - Need) in interviewing and documenting audit findings.
- Understand how to create mature business and administrative processes using the elements of a maturity model.
- How to evaluate and document internal controls.
- Knowledge of the best techniques for gathering audit evidence.
- See the importance of preparing quality workpapers.
Discuss interpersonal and team-building skills.- Understand how to motivate management to create effective "Management Action Plans" concerning audit findings.
- Review how to create an effective executive summary that calls for executive action concerning audit findings.
- Understand how to create effective communication elements.
Key Issues on the Agenda
Section 1 Introduction and Overview of the Internal Auditing
Section 2 Internal Auditing - Yesterday, Today and Tomorrow
Section 3 Auditor Guidance
Section 4 Roles of the Audit Team
Section 5 Internal vs. External Auditing
Section 6 Planning the Audit and Assessing Risk
Section 7 Detailed Audit Planning
Section 8 Conducting the Audit Fieldwork
Section 9 The Fine Art of the Audit Interview and "Soft" Skills
Section 10 Testing the Controls
Section 11 Internal Controls for Business
Section 12 Workpaper Documentation
Section 13 Using Audit Software
Section 14 Concluding the Audit
Section 15 Summary of the Audit Cycle
Section 16 Operational Auditing
Section 17 EH&S Auditing
Section 18 Auditing the Revenue Process
Section 19 Auditing the Disbursement Process
Section 20 Compliance, Performance and Process Audits
Section 21 Frauditing - Auditing for Fraud
Section 22 Information Technology Auditing
Section 23 Root Cause Analysis
Section 24 Improving Audit Effectiveness
Section 25 Introduction and Overview of Audit Communications
Section 26 Effective Audit Communications
Section 27 Components of the Audit Report
Section 28 The High Level Focus: Executive Summary
Section 29 The Hard Facts: Audit Findings
Section 30 Recommendations and Corrective Actions
Section 31 Audit Opinions and Ratings
Section 32 Audit Report Formatting
Section 33 Optimizing the Audit Report
Section 34 Summary and Wrap-UpSummary of the Subject Matter
The Internal Auditor Basic Training CPE event offers a comprehensive exploration of the fundamental principles and practices essential for aspiring and practicing internal auditors. It provides attendees with a foundational understanding of internal auditing, encompassing key concepts, methodologies, and best practices crucial for effective audit performance.
Throughout this event, participants can expect to delve into the core components of internal auditing, including risk assessment, control evaluation, and the overall assurance process. The training aims to equip attendees with the requisite knowledge and skills to effectively plan, execute, and report on internal audit engagements, ensuring a robust comprehension of the roles and responsibilities associated with this critical function.
By attending this training, professionals can enhance their proficiency in conducting risk-based internal audits, understanding the significance of compliance frameworks, and leveraging audit findings to drive organizational improvements. The event serves as an invaluable platform for individuals seeking to establish a strong foundation in internal auditing practices and principles.