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2022 - How to prepare an effective audit manual for an internal audit department



VenueOnline event, USA - United States USA - United States

KeywordsInternal audit; Effective audit manual; Banking and finance


Topics/Call fo Papers

This webinar will instruct attendees on how to develop an internal audit manual and offer start to finish instructions and templates on how to perform different types of audits given the project description. Audit fieldwork, audit reporting, and follow-up, work-paper filing, and project closure are some of the other areas the webinar will cover.
An audit manual is essential for adequate documentation and to ensure that the necessary steps to take during an audit are adhered to in keeping with the internal audit standards as promulgated by the Institute of Internal Auditors (IIA). There are several areas that can be covered in an audit manual, including:
Engagement letters
Planning documents
Effective audit programs
Progress update templates, and
Final reports
This course will touch on all areas of an audit manual and discuss how to efficiently present it in case of an internal audit, a consulting engagement, or an internal confidential investigation. Having an effective audit manual will make the difference between having a tool that assists in effective audits, consulting engagements, and internal confidential investigations and not having the proper guidance required to ensure your audit department is equipped to be successful. A proactive stance on authoring an audit manual can result in cost savings for organizations and invaluable assurance to management that auditors are performing in accordance with the IIA standards. To ensure all the above, this course will:
Provide you with a basic understanding of different elements that should be included in an effective audit manual
Detailed ways to present different types of audits and what the standards dictate
Elaborate on how to plan, perform and report results of an internal audit, consulting engagement, or confidential investigation audit
Provide templates to illustrate every step in the audit process
Identify and collect essential pre-audit background information
A basic understanding of the most popular types of internal audit projects
The areas included in an audit manual
Planning audit objectives, scope, and developing an audit work program – audit planning
Audit fieldwork
Audit reporting and follow-up, work-paper filing, and project closure
The audit manual for a consulting engagement and confidential investigation
Real-life examples from the instructor’s extensive background in this area
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
Marna Steuart has been in the audit industry for over twenty years. Ms. Steuart began her career with a big four firm as an external auditor, then as an internal auditor in different capacities in various industries.
For more detail, please click on this below link:
Tel: +1-661-336-9555

Last modified: 2022-05-24 14:41:09