An internal audit manual documents how your department performs its work and keeps each audit in line with the Institute of Internal Auditors (IIA) standards. This 90-minute webinar shows how to develop one, with start-to-finish instructions and templates for performing different types of audits based on the project description.

You'll cover gathering pre-audit background information, the most common types of internal audit projects, and planning audit objectives, scope and the work program. The session then moves through fieldwork, reporting and follow-up, work-paper filing and project closure.

It also explains how to adapt the manual for consulting engagements and confidential internal investigations, with real-life examples drawn from the instructor's experience.

WHY SHOULD YOU ATTEND?

Without a solid audit manual, auditors lack the guidance they need to work consistently. A well-written manual supports effective audits, consulting engagements and confidential investigations, can save costs, and gives management assurance that auditors follow IIA standards.

It suits internal audit staff and managers, professionals who write audit manuals, and leaders concerned with audit department efficiency.

AREA COVERED

• Identifying and collecting pre-audit background information
• The most common types of internal audit projects
• The areas an audit manual covers: engagement letters, planning documents, audit programs, progress update templates and final reports
• Audit planning: objectives, scope and the audit work program
• Audit fieldwork
• Audit reporting and follow-up, work-paper filing and project closure
• The audit manual for consulting engagements and confidential investigations
• Real-life examples from the instructor's background

LEARNING OBJECTIVES

• Identify the elements an effective internal audit manual should include
• Present different types of audits in line with IIA standards
• Plan, perform and report on internal audits, consulting engagements and confidential investigations
• Use templates for each step of the audit process
• Manage follow-up, work-paper filing and project closure

WHO WILL BENEFIT?

• Internal audit personnel who perform audits and develop audit manuals
• Internal audit management is interested in developing an audit manual for different types of audits
• Professionals responsible for developing manuals for performing audits
• Management concerned with the efficiency and effectiveness of the audit department