Internal Control and Risk-Based Monitoring and Evaluation Course

0,00 $

At the end of the course, participants will be able to:

• Understanding of the internal control environment.
• Understand the roles and responsibilities of stakeholders.
• Learn techniques for monitoring and evaluating internal controls.
• Risk management and how this affects operational efficiency and effectiveness.
• Estimating the impact of the control environment on external auditing.
• Formulation of the risk-based audit methodology.

Description

  1. Introduction to internal control.
  2. Corporate Governance.
  3. The role of:
    1. Stakeholders
    2. Management
    3. The Board of Directors
    4. Internal Audit Committee
    5. External auditors
    6. Employees
  1. restrictions and determinants.
  2. Objectives of internal control.
  3. Internal control activities.
  4. Fraud and internal control.
  1. Internal Control.
  2. Internal control and process improvement.
  3. Continuous monitoring.
  4. Implementation of best practices.
  1. Risk analysis summary.
  2. Risk assessment controls.
  3. Fraud risk assessment.
  4. Monitor design and implementation activities.
  5. System description.
  6. Control over significant risks.
  1. Risk-based auditing standards.
  2. Develop a risk-based audit program and define procedures.
  3. Planning and risk-based audit matrix.
  4. Risk management and environmental control.

• External auditors who wish to develop their technical skills
• Internal auditors who wish to understand their role in the audit process.
• Accountants who want to understand the scope and role of auditing.
• Financial managers who wish to gain a better understanding of the regulatory audit environment.
• Any other professional involved in preparing for the audit or conducting audit procedures.