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Course Overview

Internal auditing is a cornerstone of governance and risk management, providing independent assurance that controls, compliance, and risk management systems are effective. Well-planned and executed audits ensure organizations can identify weaknesses, mitigate risks, and achieve sustainable performance.

This course covers audit planning frameworks, risk assessment, internal control evaluation, audit evidence gathering, reporting methods, fraud detection, and global best practices. Participants will learn to design and implement audit plans that align with organizational priorities and regulatory standards.

At EuroQuest International Training, the course combines case studies, workshops, and simulations to prepare professionals for high-impact internal audit roles.

Key Benefits of Attending

• Learn risk-based internal audit planning techniques

• Strengthen audit fieldwork and evidence-gathering skills

• Apply internal control and compliance assessment methods

• Improve reporting and communication of audit findings

• Benchmark against global auditing best practices

Why Attend

This course empowers auditors and risk professionals to design effective audit plans, conduct efficient fieldwork, and provide actionable insights that add organizational value.

Course Methodology

• Expert-led lectures on audit planning and execution

• Case studies of successful audit practices

• Workshops on risk-based planning and audit testing

• Simulations of fieldwork and audit reporting

• Group projects on audit strategy development

Course Objectives

By the end of this ten-day training course, participants will be able to:

• Define principles of internal audit planning and execution

• Conduct risk assessments for prioritizing audit areas

• Design audit programs aligned with organizational objectives

• Apply effective fieldwork and evidence-gathering techniques

• Evaluate internal controls and compliance effectiveness

• Detect fraud through audit methodologies

• Benchmark internal audits against global standards

• Communicate findings clearly to management and boards

• Leverage digital audit tools for efficiency and accuracy

• Apply governance and ethical standards in auditing

• Integrate ESG and sustainability into internal audits

• Develop long-term strategies for effective audit functions

Target Audience

• Internal auditors and audit managers

• Risk and compliance professionals

• Governance and assurance officers

• Senior managers overseeing audit functions

• Consultants in audit and risk management

Target Competencies

• Risk-based audit planning

• Internal control and compliance testing

• Audit fieldwork and evidence collection

• Fraud detection and risk assurance

• Audit reporting and stakeholder communication

• Digital audit tools and frameworks

• Global benchmarking in internal auditing

Course Outline

Unit 1: Introduction to Internal Auditing

• Role of internal audit in governance and risk management

• Principles and objectives of internal auditing

• Case studies of audit effectiveness

• Workshop on internal audit awareness

Unit 2: Risk-Based Audit Planning

• Risk identification and prioritization methods

• Linking risk registers to audit plans

• Designing risk-based audit programs

• Practical exercise on risk mapping

Unit 3: Designing the Audit Plan

• Steps in building a comprehensive audit plan

• Setting audit scope, objectives, and resources

• Aligning plans with organizational priorities

• Simulation of audit plan development

Unit 4: Internal Control Evaluation

• Assessing the design and effectiveness of controls

• Identifying weaknesses and gaps

• Tools for internal control testing

• Workshop on internal control assessment

Unit 5: Audit Fieldwork Techniques

• Planning and conducting audit fieldwork

• Gathering, testing, and validating audit evidence

• Sampling techniques and audit procedures

• Simulation of fieldwork activities

Unit 6: Evidence Collection and Analysis

• Methods for collecting reliable audit evidence

• Data analytics in audit execution

• Documentation of findings and conclusions

• Hands-on evidence review session

Unit 7: Fraud Detection and Prevention

• Common fraud risks and red flags

• Audit techniques for detecting irregularities

• Role of forensic auditing

• Case study on fraud identification

Unit 8: Reporting Audit Findings

• Writing clear and actionable audit reports

• Communicating findings to management and boards

• Using KPIs to measure audit performance

• Workshop on report writing

Unit 9: Digital Tools for Internal Audits

• Audit management systems and software

• Data-driven auditing and AI applications

• Continuous monitoring and automation

• Hands-on digital audit tools exercise

Unit 10: Ethics and Governance in Auditing

• Ethical challenges in audit planning and execution

• Governance frameworks for audit functions

• Ensuring independence and objectivity

• Group discussion on ethics in auditing

Unit 11: Global Best Practices in Internal Auditing

• Lessons from international auditing standards (IIA, ISO)

• Benchmarking against global audit practices

• Adapting global standards to organizational needs

• Group discussion on best practices

Unit 12: Capstone Audit Planning and Execution Project

• Group project on building an audit plan

• Executing mock fieldwork and evidence analysis

• Presenting findings and recommendations

• Final adoption plan for organizations

Closing Call to Action

Join this ten-day training course to master internal audit planning and execution, enabling you to design effective audit strategies, conduct thorough fieldwork, and deliver impactful reports.