Best Practices for Internal Audit Department

Overview

High performance internal auditing demands broad perspective and capabilities. Today's leading internal audit organizations are no longer limited to hazard avoidance and compliance. They need to demonstrate a command of risk management, business process improvement and knowledge more characteristic of a consultant than of a classic internal auditor. Furthermore, internal auditors are no longer required to focus solely on financial audits. They increasingly need to be able to provide value adding support to management across all areas of operation e.g. IT, marketing, project management etc.

The course has been designed to apprise the participant on the changing roles and its demand in terms of the overall structure of the internal audit function as well as the skill set required ensuring that it truly delivers its new enhanced role.

How to Identify and Prevent Corporate Fraud

Overview

Contrary to popular belief, fraud often happens to good organizations and under the supervision of effective managers. It is impossible to prevent fraud absolutely. In fact, any organisation that tried to install controls and to eliminate trust to a level where prevention was certain would grind to a halt. The art is to have effective baseline preventive standards and ownership resources in place, backed up by fail-safe reactive controls so that fraud is quickly detected and effectively resolved. This programme will show you how to investigate and recover from fraud effectively, now and in the future.