Internal Auditing Training

Introduction to Internal Auditing

Core competencies for Introduction to Internal Auditing.

• Definition, purpose and value of internal auditing
• Internal vs external audit, and the three lines model
• The IIA Global Internal Audit Standards: principles and domains
• Independence, objectivity and organisational positioning
• Types of audit: financial, compliance, operational, IT and performance

Governance, Ethics and Professionalism

Core competencies for Governance, Ethics and Professionalism.

• Corporate governance and the role of the board and audit committee
• The Internal Audit Charter and mandate
• Code of ethics: integrity, confidentiality and competency
• Due professional care and professional scepticism
• Quality assurance and improvement programme

Risk Management and Internal Controls

Core competencies for Risk Management and Internal Controls.

• Enterprise risk management concepts and frameworks (ISO 31000, COSO ERM)
• Risk identification, assessment and the risk register
• Internal control frameworks: COSO Internal Control Integrated Framework
• Types of controls: preventive, detective and corrective
• Assessing the adequacy and effectiveness of controls

Audit Planning and Risk-Based Auditing

Core competencies for Audit Planning and Risk-Based Auditing.

• Understanding the audit universe and risk-based audit planning
• Developing the annual and multi-year audit plan
• Resource planning, budgeting and skills allocation
• Engagement planning: objectives, scope and timing
• Preliminary surveys, walkthroughs and the engagement work programme

Evidence Gathering and Audit Techniques

Core competencies for Evidence Gathering and Audit Techniques.

• Types and quality of audit evidence
• Sampling methods: statistical and non-statistical
• Interviews, observation, inspection and re-performance
• Data analytics and computer-assisted audit techniques
• Audit working papers: documentation and review standards

Testing and Evaluating Controls

Core competencies for Testing and Evaluating Controls.

• Designing and performing tests of controls
• Substantive testing and analytical procedures
• Process mapping, flowcharts and control matrices
• Evaluating results and concluding on control effectiveness
• Common control weaknesses and red flags

Fraud Risk and Compliance Auditing

Core competencies for Fraud Risk and Compliance Auditing.

• Fraud concepts: the fraud triangle and common schemes
• Fraud risk assessment and the internal auditor’s responsibility
• Red flags, detection techniques and investigation basics
• Auditing compliance with laws, regulations and policies
• Anti-corruption, whistleblowing and ethics programmes

Auditing Key Business Areas

Core competencies for Auditing Key Business Areas.

• Procurement and contract management
• Finance, payroll and revenue cycles
• Inventory, fixed assets and treasury
• Human resources and project management
• IT audit basics: general controls, cybersecurity and data governance

Audit Findings, Reporting and Communication

Core competencies for Audit Findings, Reporting and Communication.

• Developing findings: criteria, condition, cause, effect and recommendation
• Root cause analysis
• Writing clear, concise and balanced audit reports
• Rating findings, agreeing management action plans and closing meetings
• Reporting to senior management and the audit committee

Follow-Up, Performance and Continuous Improvement

Core competencies for Follow-Up, Performance and Continuous Improvement.

• Monitoring and following up on audit recommendations
• Performance measurement and KPIs for the internal audit function
• Managing relationships with auditees and stakeholders
• Emerging topics: ESG, continuous auditing, AI and automation
• Capstone: planning, executing and reporting on a mini audit engagement

How is Internal Auditing Training delivered?

Internal Auditing Training is delivered through instructor-led classroom, live online, private in-house corporate training depending on the selected cohort or organizational arrangement.

What are the fees for Internal Auditing Training?

The published course investment is KES 80,000. Location-specific fees are shown where configured.

How long is Internal Auditing Training?

Internal Auditing Training runs for 5 Days unless a customized corporate schedule is agreed.

Do participants receive a certificate for Internal Auditing Training?

Participants who complete the course receive a Certificate of Completion from EduCore Global Skills.

Where can I take Internal Auditing Training?

Internal Auditing Training is available in Nairobi, live online, and in-house corporate delivery by arrangement. Current dates are shown only where real sessions have been configured.

Who should attend Internal Auditing Training?

Internal Auditing Training is designed for Compliance Officers, Risk Managers, Internal Auditors, Board Secretaries, Governance Officers, Professionals and organizations that need practical capability in Corporate Auditing, Compliance, and Governance.

What are the prerequisites for Internal Auditing Training?

No mandatory prerequisite is required unless stated in the course outline. Practical workplace experience in the subject area is helpful.