Internal Audit and Corruption Management
Internal Audit and Corruption Management
Overview:
The pace of business change is unrelenting, new risks emerge on a regular basis as the commercial imperative requires companies to embrace new technologies and different systems, while remaining competitive.
In the face of such change, Internal Audit needs to be at the cutting edge both in terms of the way in which it conducts its work as well as the way it interacts with senior management, shareholders and regulators. The extra-territorial reach of both the US and other regulators now means that Heads of Audit and Senior Audit Managers cannot afford to be complacent in their approach to the assignment they undertake, as the outcome of their work will often reach an even a wider audience than originally intended.
The Internal audit function is increasingly regarded as a business partner, a catalyst for change and a Governance advisor.
The workshop also includes opportunities to discuss issues of your choosing with your peers.
The event represents a superb opportunity to develop new approaches to the difficult challenges facing modern audit functions.
The workshop also includes opportunities to discuss issues of your choosing with your peers.
Course Benefits:
Through case studies, group discussions, useful handouts, and professional instruction, participants will
- Understand the current state and direction of best practices in internal audit
- Understand the fundamentals elements required for an effective internal audit
- Understand role and accountabilities for assurance across the Three Lines Model
- Understand how to audit key audit risk areas, including third party, cyber security, culture, and project management assurance.
- Understanding today’s risk profile and trends and developments in internal audit and compliance
- Understand the increasing expectations of internal audit and deliver value for stakeholder’s while applying innovative risk-based approaches to internal audit
- Discuss how to practically deliver on the internal audit strategy and plan in a risk-based manner
- Understanding the role and responsibility of the auditor in finding, investigating, and reporting compliance breaches and fraud
- Discuss compliance breaches and fraud and how to approach forensic investigations
- Helping Internal Auditors get a “Seat at the top table”.
- Developing an Advanced Internal Audit plan by leveraging Strategy-Based Audit (SBA).
- Detailed understanding of the impact of Data Analytics on the application of Forensic Auditing.
- Developing the right Forensic Tests to detect the potential for Fraud in Financial Statements.
- Engaging Your Ultimate Stakeholders – Reporting to Boards and Senior Management.
Who should attend:
- Chief Audit Executives
- Heads of Internal Audit / Chief Internal Auditor Chief Risk Officer
- Chief Compliance Officer
- Chief Finance Officer/Head of Finance
- VP, AVP and Sr. Managers Internal Audit Governance, Risk, Compliance (GRC) Staff Compliance Audit Committee Member
- Head Legal / General Counsel
- Head of Vigilance
- Head of Fraud & Inspection Regulator
- Head of Forensic Audit
- Company Secretary
- Internal Audit Manger
- Account Manger
- External & Internal Auditor