Introduction
This training course is designed for Assistant Internal Auditors who have a strong understanding of audit techniques, data analysis, timeliness, and audit report writing, and would like to develop their skills in applying accounting standards in internal audit. The course will cover the best practices and strategies for successful application of accounting standards in internal audit, and will provide hands-on experience in applying these skills.
Objectives
- To provide an understanding of accounting standards and their impact on internal audit.
- To develop skills in applying accounting standards in internal audit.
- To improve knowledge of audit report writing.
- To provide hands-on experience in applying best practices and strategies in applying accounting standards in internal audit.
Who Should Attend this Course
Assistant Internal Auditors who have a strong understanding of audit techniques, data analysis, timeliness, and audit report writing, and are interested in developing their skills in applying accounting standards in internal audit.
Outline
Day 1
Topic 1: Overview of Accounting Standards in Internal Audit
- Definition of accounting standards and their impact on internal audit
- Best practices and strategies for successful application of accounting standards in internal audit
- Importance of accounting standard understanding in internal audit
Topic 2: Applying Accounting Standards in Internal Audit
- Identifying and evaluating accounting standards
- Developing a plan for applying accounting standards in internal audit
- Conducting an assessment of accounting standards compliance
- Implementing accounting standards improvement strategies
Day 2
Topic 3: Audit Report Writing
- Understanding effective audit report writing
- Writing clear and concise audit reports
- Formatting and presenting audit findings
- Communication and collaboration in audit report writing
Topic 4: Data Analysis
- Overview of data analysis in internal audit
- Importance of data analysis in internal audit
- Best practices for data analysis in internal audit
Day 3
Topic 5: Best Practices in Applying Accounting Standards in Internal Audit
- Understanding best practices in applying accounting standards in internal audit
- Best practices for accounting standard assessment and improvement
- Best practices for audit report writing
- Best practices for data analysis in internal audit
Day 4
Topic 6: Applying Accounting Standards in Internal Audit Case Studies
- Overview of applying accounting standards in internal audit case studies
- Analysis of successful application of accounting standards in internal audit
- Discussion of challenges and lessons learned
Day 5
Topic 7: Applying Accounting Standards in Internal Audit in Practice
- Practical application of best practices and strategies in applying accounting standards in internal audit
- Hands-on experience in conducting an assessment of accounting standards compliance
- Hands-on experience in audit report writing
- Evaluation of skills in applying accounting standards in internal audit.
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.