Fundamentals of Internal Auditing

Your competitive advantage

Starting your career in internal auditing, or looking to brush up on your knowledge?

Then join us for the Fundamentals of Internal Auditing course, which is the best way to understand the key aspects of the internal audit process.

Through team exercises, group discussion and lectures, you will gain a foundation of knowledge that will allow you to properly prepare for and conduct a successful audit using preliminary surveys and evidence-gathering techniques.

A basic understanding of the roles of risks and internal controls in auditing will be covered, along with interpersonal and client relationship skills. Also included are all the important topics:

• Understanding internal auditing
• Different kinds of internal audit
• The International Professional Practices Framework (IPPF)
• The audit process
• Understanding risk-based auditing
• Understanding and auditing internal controls
• Audit planning
• Analytical review
• Observation
• Interviewing and managing client relationships
• Process documentation
• The audit programme
• Conducting fieldwork
• Writing the audit report
• Exit interview
• Putting it all together

Tangible outcomes:

• Perform the work of internal auditing enabling you to carry out your assignment on a value-added audit engagement
• Engage in a risk-based audit approach, from planning through process documentation to testing, analysis, and reporting
• Understand internal auditing today
• Become familiar with the scope and application of the Professional Practices Framework
• Learn the concepts and terms that are central to internal auditing
• View your own organisation from an internal auditing perspective
• Communicate and "sell" internal auditing results

Duration and CPE: 4 Days; 28.00 hours.

For more information please contact IIA NZ at admin@iianz.org.nz or phone 04 384 8840.

Fundamentals of Internal Auditing is facilitated by Michael Parkinson CIA, CISA, CRMA, CRISC

Michael worked with and for the Australian Government for several decades - the last 25 years in senior governance, consulting and internal audit positions. He was the Chief Audit Executive of three Australian Government agencies as a permanent officer, and as a consultant has been the senior internal auditor of several agencies.

He has served on the International Board and Executive of The IIA and ISACA.

Until recently, he was:

• Chair of Standards Australia / Standards New Zealand joint technical committee OB-007 - the mirror committee for ISO TC 262 and local developer of risk management guidance
• A member of the International Internal Auditing Standards Board.

Michael is formerly a Director of a major accounting/service firm providing internal audit, risk management and governance services, and serves on a number of public sector audit committees.