Building a Culture of Internal Audit and Risk Management training course in

Introduction:

This training course is designed for the Director of Internal Audit & Risk to help build a culture of internal audit and risk management within the organization. This course will cover various aspects of internal audit and risk management and provide practical steps to implement them effectively.

Outputs:

By the end of this course, participants will be able to:
- Understand the role and responsibilities of the Director of Internal Audit & Risk
- Develop a risk management framework
- Implement an internal audit program
- Build a culture of internal audit and risk management
- Promote communication and collaboration between internal audit and other departments

Objectives:

The objectives of this training course are to:
- Provide a comprehensive overview of internal audit and risk management
- Develop skills in risk assessment, internal controls, and internal auditing
- Promote a culture of internal audit and risk management within the organization
- Encourage collaboration between internal audit and other departments
- Provide practical steps to implement internal audit and risk management effectively.

Who Should Attend this course:

This training course is designed for:
- Director of Internal Audit & Risk
- Internal Auditors
- Risk Managers
- Financial Controllers
- Compliance Officers
- Internal Control Specialists
- Finance and Accounting Managers

Outline for 5 days:

Day 1: Introduction to Internal Audit and Risk Management

- Overview of Internal Audit and Risk Management
- The role and responsibilities of the Director of Internal Audit & Risk
- Developing a risk management framework
- Understanding risk assessment and internal controls

Day 2: Implementing an Internal Audit Program

- Planning and preparing for an internal audit
- Conducting an internal audit
- Reporting on internal audit findings
- Monitoring and following up on internal audit recommendations

Day 3: Building a Culture of Internal Audit and Risk Management

- Understanding the importance of culture in internal audit and risk management
- Developing a culture of internal audit and risk management
- Promoting communication and collaboration between internal audit and other departments

Day 4: Enhancing Internal Controls and Risk Management

- Assessing internal controls
- Improving internal controls
- Enhancing risk management processes

Day 5: Advanced Topics in Internal Audit and Risk Management

- Fraud detection and prevention
- IT audit and cybersecurity
- Ethics and professional conduct in internal audit and risk management
- Emerging trends and best practices in internal audit and risk management.

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.