Course Title: Strategic leadership to manage and develop internal audit teams
Course Category: Finance Subcategory: Finance & Accounting Management
Course Location: Course Date: 25 November 2024
€4910

One week


Strategic leadership to manage and develop internal audit teams

The success of any internal audit function depends on the capabilities and performance of its team members. As an internal audit director, it is essential to develop and manage a high-performing team that is capable of providing value to the organization. This training course is designed to provide internal audit directors with the knowledge and skills they need to manage and develop their teams for success. The course will cover the key concepts and best practices for hiring, training, and developing internal audit staff, as well as effective team management techniques.

Objectives

By the end of this course, participants will be able to:

  • Understand the key concepts and principles of internal audit team management and development

  • Identify the skills and competencies required for success in the internal audit function

  • Develop a recruitment and hiring strategy that attracts and retains top talent

  • Implement effective onboarding and training programs that help internal audit staff perform their jobs effectively

  • Develop and manage a performance management system that encourages high performance and accountability

  • Implement effective communication strategies to promote collaboration and teamwork

  • Develop a culture of continuous improvement and innovation


Who Should Attend this Course

This course is designed for internal audit directors who are responsible for managing and developing internal audit teams. It is also relevant for senior internal auditors who are looking to enhance their knowledge and skills in team management and development.

Course Outline

Day 1: Developing an Internal Audit Team Strategy


  • Understanding the key competencies required for success in the internal audit function

  • Developing a recruitment and hiring strategy that attracts and retains top talent

  • Aligning the internal audit team with the organization's strategic objectives and priorities


Day 2: Onboarding and Training Internal Audit Staff


  • Developing an effective onboarding program that helps new hires get up to speed quickly

  • Identifying the training needs of internal audit staff

  • Developing and implementing effective training programs


Day 3: Performance Management and Accountability


  • Developing and managing a performance management system that encourages high performance and accountability

  • Setting performance goals and objectives for internal audit staff

  • Providing regular feedback and coaching to help internal audit staff improve their performance


Day 4: Communication and Collaboration


  • Developing effective communication strategies to promote collaboration and teamwork

  • Building relationships with key stakeholders

  • Communicating effectively with senior management and the audit committee


Day 5: Continuous Improvement and Innovation


  • Developing a culture of continuous improvement and innovation

  • Identifying opportunities for improvement in the internal audit function

  • Implementing best practices and incorporating feedback


Outputs

At the end of this training course, participants will have:

  • A clear understanding of the key competencies required for success in the internal audit function

  • A recruitment and hiring strategy that attracts and retains top talent

  • An effective onboarding and training program that helps new hires get up to speed quickly

  • A performance management system that encourages high performance and accountability


  • 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.

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