Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization's operations. This Webinar examines how a principles-based approach can be used to focus on accounting problems at its beginnings and become a powerful tool to detect the main risks of organizations.

This Internal Auditing - A Virtual Training Course on 6th December 2024 aims to give the participants an understanding on Internal Audit in the Age of Digital Revolution, Risk Based Auditing & Internal Controls, Internal Audit in the age of evolving Cyber risks and much more.

Benefits of attending:

• Understanding on Fundamentals of Auditing
• Learn How to identify and explain risks
• Development and usage of Risk based auditing
• About the Cyber and IT Auditing
• How to Writing effective Audit Reports

Who should attend?

• Chief Risk Officers
• Chief Audit Executives
• Internal & External Auditors
• CFOs
• Internal Directors/Managers/ Supervisors
• Risk Managers
• Assurance professionals
• Risk & Governance professionals

Agenda:

10.00 AM - 10.45 AM
Session 1: Internal Audit in the Age of Digital Revolution

• Automation solutions to drive efficiencies in SOX and IA processes, and
• Analytics solutions to gain insights into new and emerging risk areas.
• How to use robotics and AI as new delivery models to increase insights and assurance.

10.45 AM - 11.45 AM
Session 2: Risk Based Auditing & Internal Controls

• Development and usage of Risk based auditing
• Alternatives to identify appetite and risk tolerance to utilize within risk based auditing
• Concepts, basics and facts of Internal Controls
• Typical Controls and Why they fail (Discover Control Mechanism)
• Design, implement and operate internal controls in single process
• Align controls with actual risks
• Internal Controls over financial reporting
• Monitor and review controls, find deficiencies and improve control environment

12.00 PM - 01.00 PM
Session 3: Internal Audit in the age of evolving Cyber risks

• Evolving Cyber risk landscape
• Regulatory reforms & & audit committee mandates
• Coverage & assurance needs on Cyber elements
• Leading approaches & practises to be followed

Thought Leaders: