This course is part of our Middle East Internal Audit Training Week - save 10%
After leaving this three day seminar you will be able to provide assurance to the board and audit committee that:
- The various challenges facing organisations with regard to its people e.g. downsizing, rapid growth are being managed
- Your HR function complies with legislation, procedures and policies
- The management information from the HR function is complete, accurate and timely
- The payroll team is paying the right people, the right money at the right time
- There are no ghost/fictitious employees on the payroll or continued payments to employees who have left the company
- All the risks have been identified, are being mitigated and managed
- The HR function supports the corporate governance framework with regard to key sub-committees of the board e.g. remunerations and nomination
A Human Resources (HR) department finds itself involved in situations that are potential areas of risk, from employment law issues, compensation, benefits and record keeping to potential fraud issues. Human Resources is an evolving and dynamic field that challenges the ability of even the most seasoned professionals to keep abreast of policies, procedures, compliance requirements, and best practices. For internal auditors it is essential that they are aware of emerging issues, key business risks and control best practice.
There have been stories over the years of organisations using pension funds to invest in the business resulting in employees having no pension pot at the end of their career, stories of employers not having the funds to pay staff, and a catalogue of industrial tribunals where employees believe they have been treated unfairly or discriminated against.
So what is Internal Audit’s role? Internal Audit has a responsibility to the business to provide an assurance to its stakeholders, which includes both the business and its employees that within the HR function controls are in place and working effectively.
So how does internal audit do this…………………
NB. The course will be built around a case study for an organisation where there is an HR function which has a number of challenges
Course Director Liz Sandwith
Liz Sandwith has been involved in the internal auditing profession since the late 1980’s. She has worked in the public sector including central and local government and also in the private sector.
Previous Delegate Feedback
“Couldn’t ask for a better instructor” Kuwait Petroleum Corporation
“Liz is very experienced. I found her comments very useful” Komercni Bank