Optimizing Internal Audit and Risk Management through Effective Planning in

Introduction:

This training course is designed for Director of Internal Audit & Risk and focuses on optimizing internal audit and risk management through effective planning. The course provides an in-depth understanding of how to align internal audit and risk management activities with the organization's goals and objectives.

Objectives:

Upon completion of this course, participants will be able to:

Develop and implement a strategic plan for internal audit and risk management
Align internal audit and risk management activities with the organization's goals and objectives
Evaluate the effectiveness of the internal audit and risk management function
Identify opportunities for improvement in the internal audit and risk management process
Enhance the value of internal audit and risk management through effective planning

Who Should Attend this course:

This course is designed for Director of Internal Audit & Risk, Internal Auditors, Risk Managers, and any other individuals who are responsible for optimizing internal audit and risk management activities.

Course Outline:

Day 1: Introduction to Internal Audit and Risk Management Planning

Overview of internal audit and risk management
The importance of effective planning in internal audit and risk management
Aligning internal audit and risk management activities with the organization's goals and objectives

Day 2: Developing a Strategic Plan for Internal Audit and Risk Management

Components of a strategic plan for internal audit and risk management
Developing a mission statement and objectives for internal audit and risk management
Identifying key stakeholders and their roles in the internal audit and risk management process

Day 3: Evaluating the Effectiveness of the Internal Audit and Risk Management Function

The role of internal audit and risk management in promoting corporate governance
Evaluating the performance of the internal audit and risk management function
Identifying areas for improvement in the internal audit and risk management process

Day 4: Enhancing the Value of Internal Audit and Risk Management through Effective Planning

Strategies for enhancing the value of internal audit and risk management
Best practices for implementing effective internal audit and risk management plans
Case studies and practical exercises to reinforce concepts and skills

Day 5: Implementing the Strategic Plan for Internal Audit and Risk Management

Implementing the strategic plan for internal audit and risk management
Monitoring and evaluating the effectiveness of the internal audit and risk management function
Best practices for continuous improvement in internal audit and risk management.

Outputs:

Upon completion of this course, participants will receive a certificate of completion and will have the skills and knowledge to effectively plan and optimize internal audit and risk management activities.

Note: The course outline is subject to change based on the needs of the participants and the instructor's discretion.

Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.