|
Program Duration |
: |
5 Days |
|
Program Date 1
Program Date 2
Program Date 3 |
:
:
: |
05-09 May, 2012
Cairo, Egypt
07-11 July , 2012
Alexandria
Egypt
17-21 November , 2012
Cairo, Egypt
|
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Program Fees |
: |
US$ 2950/Per Person |
PROGRAM INTRODUCTION:
Key
Benefits:
-
Successfully create and
maintain an internal audit function resulting in a more
effective organisation
-
Ensure your company has
established an appropriate and effective system of internal
controls
-
Produce internal audit
results that support your company and contribute to its
effectiveness
About This Event:
Because of a long history of involvement in assessing risks,
evaluating internal controls, and contributing to process
improvements that improve the organisation’s performance,
internal audit has gained status and visibility in many
companies.
Under many of the corporate governance codes and company laws,
internal audit is no longer an option, it is a requirement.
However, the increasing status and visibility comes with
investor and management expectations, as well as a professional
responsibility, to perform effectively and contribute to the
company’s success in meeting its objectives. Focusing only on
more controls just for internal controls’ sake has not been an
acceptable approach for internal audit for quite some time. The
internal audit performance standard now is best practice that
provide appropriate levels of control without excessive costs.
PROGRAM OUTLINES:
The modules of this course will provide
information that will allow you to answer 10 important questions
related to internal auditing and controls for your organisation.
• Does internal audit have a role in effective corporate
governance?
• If you need an internal audit and control function, how do
you get started?
• What models can you use for internal controls?
• If your company follows COSO, what is ERM and why do you need
it?
• How do you establish risk-based auditing?
• Is your internal control system properly designed?
• Is your internal control system actually working? (Testing
essential controls)
• Why doesn’t anyone read your internal audit reports and
implement your recommendations?
• What tools should you have for internal audit?
• Are there unique internal audit considerations in
supporting other types of organisations common in the GCC?
The materials will be supplemented by brief case studies related
to effective internal audit and controls practices that have
been successfully implemented at companies around the world. The
goal is to give you additional knowledge and insight that can
assist you in moving the internal audit activity in your
organisation closer to a world class standard.
WHO SHOULD ATTEND?
• Audit Committee Members
wanting to know more about effective monitoring of risk
management
practices and internal control systems (especially new Audit
Committee members who may not have a
background in risk management and internal controls).
• Chief Audit Executives
wanting to broaden exposure to practices that are effective in
other companies
and other parts of the world
• Internal Audit Management and Staff
wanting to expand their knowledge to position
themselves for
advancement
• Business Process/Department Managers
assigned ownership of the internal control system in
their
areas of responsibility
• Business Performance Managers
to better understand the relationships between business
performance
objectives and internal control objectives
• Business Project Managers and
Business Analysts who may be assigned to participate
in internal audits
or internal control projects
•
Information System Managers, Analysts/Programmers, Network and
Database Administrators providing
support for or cooperation with internal audit or controls
projects
