This course is part of our Lead Internal Auditors Training Week - save 10%
Understand current best practice in continuous auditing and how to implement it in your organisation. You will learn how to:
- Develop a continuous auditing programme and process
- Secure management buy-in and integrate continuous auditing into your organisationís culture
- Understand the impact on group internal audit functions
- Examine existing examples of continuous auditing strategy and best practice
- Review and assess the available IT software options
Internal Auditors are always looking at the product they are delivering. While the profession claims ever greater increases in the quality of staff through qualifications and regulators issue more specific corporate governance guidance the reality is that the audit profession has not emerged with great credit from the global financial crisis. Management demands are always increasing and unless internal auditors can raise their game, management teams may well look elsewhere for their ďassuranceĒ. The profession is in danger of becoming irrelevant unless it can provide an appropriate
service to the senior management teams.
One approach gaining favour is the move towards the more frequent and more timely assurance given by continuous auditing. The concept is one of the most misunderstood of all auditing techniques. This seminar will take participants through the conceptual frameworks and the various areas that need to be assessed when implementing the techniques. Participants will discover a wide variety of implementation options and in particular understand the overemphasis often attributed to the IT element of continuous auditing.
The seminar will explore the relationship between the management role and the auditorís role in the monitoring of controls. This relationship is important and can have an important impact on the audit departmentís role.
The seminar will also take delegates through a number of case studies of existing best practice and develop a framework for implementing continuous auditing projects.
Course Director : Andrew Robertson
Andrew has 35 years experience in Auditing and Risk Management, covering Manufacturing, Retail, Financial Services and the Not for Profit sectors.
'Andrew did a great job to make it both a lively and useful courseí Director of Internal Audit, Union Bank UK Plc