Managing The Internal Audit Function

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.