Managing the internal audit function

person icon Guillermo Horacio Casal

Managing the internal audit function

Best practices in planning, staffing and overseeing the internal audit function

updated on icon Updated on Sep, 2023

language icon Language - English

person icon Guillermo Horacio Casal

architecture icon Internal Audit,Finance & Accounting,Accounting & Bookkeeping


30-days Money-Back Guarantee

Training 5 or more people ?

Get your team access to 19,000+ top Tutorialspoint courses anytime, anywhere.

Course Description

In this course we will explore the best practices along the internal audit cycle: definining the internal audit function and Chief Audit Executive role and responsibilities, planning and budgeting, developing the internal audit charter and supervising and reporting internal audit engagements.

Good internal audit management is the key to the success or failure of this function. The challenges faced by the Audit Director, whether from a pre-existing role or from a new one, are to meet the audit committee's expectations to provide complete and comprehensive assurance of the organization, on the one hand.

And, on the other hand, establish an adequate relationship with management so that the Internal Audit is perceived as a value-added gear, whose diagnoses can be reliable, and whose recommendations are based on good intention and are made with wisdom and professionalism.

In this course we will examine the International Standards for The Professional Practice of Internal Audit with the proper administration of internal audit, and also explore the best practices for the administration of internal audit.


What will you learn in this course:

  • Set and align an internal audit function with the Standards of the Institute of Internal Auditors
  • Ensure the quality of the internal audit service by implementing best practices and a quality assurance program


What are the prerequisites for this course?

  • None
Managing the internal audit function


Check out the detailed breakdown of what’s inside the course

10 Lectures
  • play icon Introduction 32:32 32:32
  • play icon Starting the function 16:04 16:04
  • play icon The charter 08:40 08:40
  • play icon The risks based annual plan 14:51 14:51
  • play icon Issuing objectives 11:54 11:54
  • play icon Staffing 09:49 09:49
  • play icon Assigning and supervising engagements 10:42 10:42
  • play icon Issuing reports 15:22 15:22
  • play icon Benchmarking 09:57 09:57
  • play icon The quality program 32:32 32:32

Instructor Details

Guillermo Horacio Casal

Guillermo Horacio Casal

I am an experienced auditor and consultant, with more than 40 years of experience. I led three internal audit units in Argentina, my born country, and set up two Forensic Audit practices. One of them with Luis Moreno Ocampo, former attorney at the International Criminal Court in The Hague, and the other at IFPC - IGI, company founded and chaired by Stephen P. Walker, former special agent of the FBI. Since 2008 I am working as independent consultant, with engagements at the Dominican Republic, Honduras, and Paraguay. I gave CIA - certified internal auditor preparation courses in Argentina, Uruguay, Chile, Ecuador, Costa Rica and Panama

Course Certificate

User your certification to make a career change or to advance in your current career. Salaries are among the highest in the world.

sample Tutorialspoint certificate

Our students work
with the Best

Related Video Courses

View More

Annual Membership

Become a valued member of Tutorials Point and enjoy unlimited access to our vast library of top-rated Video Courses

Subscribe now
People having fun around a laptop

Online Certifications

Master prominent technologies at full length and become a valued certified professional.

Explore Now
People having fun around a laptop

Talk to us