Attend Audit & Risk Director and Managers Training Week: 3-7 December, Paris and save 10%
You will learn:
- Who should be consulted – including whether there a risk you are consulting too widely?
- Killer questions and follow up questions to help ensure that you don’t get too many ‘turkeys’ on the plan
- Best practice ways of linking the IA plan to key risk areas, whilst delivering core assurance areas
- How to factor in value and value add into the planning process
- How to address differences between Senior Management and the Audit Committee in relation to what they would like IA to do
- How to effectively address the question “Do you have enough resource”? in a way that gets a constructive debate going, without being a too overt plea for resource
- Best practices around longer term planning horizons, the annual plan and ad hoc audit work
- Ways to use the planning process as a way of deepening the relationship between the head of audit and senior stakeholders
In this intensive, highly interactive two-day seminar we will review best practices in Internal Audit planning so that the work of the Internal Audit function is focused on the right areas. You will cover, in detail, how to develop a business-focused, objective-based audit plan that will zero in on business issues of key importance and maximise the value of expended audit resources.
Throughout the course, best practice will be shared alongside useful tools and techniques to help ensure that the IA plan is demonstrably focusing on the right areas. You will learn how to incorporate the organisation’s key data into the plan and, as a result, establish the audit strategy of the future. You will focus on designing a planning methodology that emphasises outcome rather than output. This course will enable you to focus on adding real value to the organisation by creating a concrete annual audit plan which is totally business-focused.
Course Director: James Paterson
James Paterson is a leading trainer in the risk, audit and assurance field; covering topics such as assurance mapping, lean auditing and a induction masterclasses for new heads of audit. He has over 19 years experience across a range of finance roles. He became Chief Internal Auditor for AstraZeneca in 2002, and led the function for over 7 years, picking up a range of “best practice” accolades along the way. He is a regular keynote speaker on audit and risk issues across the globe; speaking recently at the Global IIA Conference in Malaysia. He has also had a number of articles published in risk and audit journals.