Managing the Internal Audit Department

MIS Training Institute (MISTI)
Training overview
3 days
2,395 USD
Professional course
Next start date: 10/5/2020 - Online
Start dates
Chicago
10/5/2020  
2,395 USD
Online
10/5/2020  
2,395 USD

Course description

Managing the Internal Audit Department

New business risks, governance, globalization and the continuing demands of the Audit Committee and senior management for value-added services combine to make the job of an IA manager more and more demanding. This three-day seminar is a road map to developing or maintaining an audit department that is ready to meet the challenges of this evolving business environment. You will build on the key responsibilities of the audit manager and explore best practices in internal auditing today. Focusing on establishing a mission statement and strategic plan for IA, you will cover how to set attainable objectives and goals; reacting to changing risk/control relationships; marketing IA's services; structuring the audit department; the annual audit planning process, co-sourcing smarter and more.

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Who should attend?

Internal Audit Managers, Directors and Supervisors

Prerequisites

Fundamentals of Internal Auditing (OAG101), Advanced Auditing for In-Charge Auditors (OAG201) or equivalent experience

Training Content


  1. The Critical Role of the Audit Director/Manager
  2. Developing an Effective Mission/Vision Statement
  3. Developing Strategic and Risk-Based Annual Business Plans
  4. Corporate Governance
  5. Building Relationships: Marketing and Selling Internal Audit
  6. Audit Committee Relationships
  7. Attracting and Keeping the Right People with the Right Stuff
  8. Co-sourcing
  9. Minimizing Departmental Administration
  10. Improving the Productivity of the Audit Process
  11. Incorporating Best Practices Throughout the Department 
  12. IA’s Role in High-Profile Situations and What Went Wrong–Lessons Learned

Certification / Credits

Completion of this course is worth 24 CPE Credits

About MISTI

MIS Training Institute

MIS Training Institute (MISTI)

With offices in London and Boston, MISTI is the global leader in IT audit, audit and information security training. Founded in 1978, MISTI has gained experience through training more than 200,000 delegates across five continents.  MISTI has made it their...


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MIS Training Institute (MISTI)


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Reviews

Average rating 4

Based on 4 reviews

Nathaniel P.
(5)
Instructor was very knowledgeable and engaging. I appreciated the examples which brought the subject matter to life. Hotel facilities were adequate not great. Some of the slides would have been more effective in color (the printed ones in our book).
Josh C.
(4)
Great course with a very knowledgeable instructor.
Lori, , Penn National Insurance
(4)
Great refresher for experienced audit professional. Perfect class curriculum for rising audit professionals.
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