The basics of audit methodology

Auditors audit processes not people and use the methodology outlined in the IPPF to achieve this in an objective manner. This training defines the approach to apply to every assignment from the planning phase to the close. It will outline tools and methods to apply to all types of assignment.

Participants

Internal auditors - beginners or experienced

Prérequis

No

Objectifs pédagogiques

Understand the different stages of an audit assignment
Define the assignment objectives in line with the risks of the audited activity
Gather evidence to achieve these assignment objectives
Assess the quality of the audit evidence collected
Develop audit recommendations able to leverage change

Contenu

Internal Audit : definitions and position on governance
Internal Audit assignment process overview
Planning phase of an audit assignment :
- Assignment letter
- Stakeholder needs
- Risk Analysis
- Process Mapping / Flowcharts
- Risk Control Matrices
- Identify audit criteria
- Define a work programme
Fieldwork phase of an audit assignment
- The quality of audit evidence
- Testing documentation
- Observation sheets
- Definition of Recommendations

Documentation

Powerpoint slides, exercises and case studies, technical sheets and bibliography

Intervenants

An experienced internal auditor
Les + de la formation
  • Full coverage of audit methodology according to the IIA standards Plenty of exercises including case studies