internal today: auditing€¦ · • Internal Audit Professionals • Risk Professionals ... , 2016...
Transcript of internal today: auditing€¦ · • Internal Audit Professionals • Risk Professionals ... , 2016...
Present
5th May - Chennai
today:auditinginternal
Beginning Auditor tools And teChniques
hours6 CPEw w w . a c h r o m i c p o i n t . c o m
about the SeminarTo become a successful auditor, a strong base of knowledge and an understanding of basic audit skills are essential. With this program, new auditors, as well as non-auditors with internal control responsibilities, can learn the ins-and-outs of an audit from beginning to end.
Through team exercises, group discussion, and facilitator presentations, attendees will gain a foundation of knowledge that will allow them to prepare properly for and conduct a successful audit, using preliminary surveys and evidence-gathering techniques. A basic understanding of how to identify risks and internal controls in auditing will also be stressed, along with interpersonal and team-building skills.
Program outlineInternatIonal ProfessIonal PractIces framework (IPPf) • ThenewIPPF–aneffectivewaytoInternalAuditing• Principles• Codeofethics• AttributeStandards• PerformanceStandards
BegInners tools & technIques• Internal auditing today • Discusssomeofthebestpracticeswithininternalaudittoday. • Identifycoreservicesandvalueaddedopportunitiesprovidedbyinternalaudit. • Identifytherolesofinternalauditors. • Listinternalaudit’scustomersandstakeholders. • Determinetheactivitiesthatoccurwithineachstageoftheauditmodel.
• risk assessment & risk management • Mitigateriskstohelpensuremanagementdirectivesarecarriedout. • Useimpactandlikelihoodfactorstoassessrisk. • Defineriskmanagementconceptsandterms. • Identifycontrolsformitigatingriskstostrategicobjectives. • EvaluatecontrolissuesusingtheCOSOFramework. • Identifystrengths,gaps,andconcernsofaninternalcontrolenvironment.
• audit Planning • Discusstheauditplanningprocess. • IdentifyIPPFguidancerelatedtotheplanningphaseofanaudit. • Assessthelikelihoodandimpactofhigh-levelinherentrisks. • Explainactivitiesinvolvedinplanningauditprojects. • Discussplanningtheauditapproach. • Assessrolesinannualauditplanningandauditprojectplanning. • Assesspreliminaryscopearea. • Discussobjectivesandbestpracticesforopeningconferences.
Certificate from iia india
Who should attend•InternalAuditProfessionals•RiskProfessionals
•ForensicProfessionals•JuniorandMiddleManagement
• Interviewing • Explainhowinterviewingisusedwithinanaudit. • Describetheuses,objectives,andexpectedoutcomesofinterviewsateach
stage in the audit model. • Discussbestpracticesforplanningandconductinginterviews. • Identifybestpracticesandopportunitiesforimprovementininterviewing. • Practicepreparingforandconductinganinterview. • Prepareaninterviewbasedonagivenscope-areaobjective.
• Process Documentation • Contrastabasicnarrativeandaflowchart. • Createanarrativeorflowchart. • Discusstheadvantagesofsomebestpracticesfornarrativesandflowcharts. • Identifyinconsistenciesinflowchartsandnarratives. • Describethreetypesofwalkthroughs.
• audit Program • Describethedevelopmentanduseofauditprograms. • Classifyinherentimpactsandlikelihoodsforvarioustypesofrisks. • Classifycontrolsaspreventiveordetective,andasautomatedormanual. • Identifycontrolpointsandpossiblecontrolgapsonflowcharts • Completeariskmatrix. • Determinewhichcontrolsarekeycontrols,andwhethertheyshouldbe
tested during an audit. • Assesstestingobjectives. • Discusstailoringauditprograms. • Assessrolesinthedevelopmentofauditprograms.
• automated tools
• testing • Describemethodologiesusedtogatherauditevidence. • Defineterminologyrelatedtosamplingandtesting. • Contrastvarioustypesofsamplingandtestingapproaches. • Assesstheappropriatenessofvaryingsamplingandtestingapproachesfor
theachievementofspecifictestingobjectives. • Describethecomponentsofanauditworkpaper. • Draftanauditworkpaper.
• reporting • Writeanauditreportusingthefivecomponents. • Recognizethecomponentsofanauditreport. • Determiningthereadersofauditreports. • Assessthequalityofanauditopinion.
• selling the results • Discussmethodologiesfor“selling”auditfindingstostakeholders. • Describefactorsthathelp“sell”auditfindingsandrecommendations. • Prepareforsellinganauditfinding. • Identifybestpracticesandopportunitiesforimprovementinexitconferences. • Describeactivitiesinvolvedinmonitoringanaudit.
• teamwork • Explainhowteamworkisessentialtoanauditproject. • Describethevalueofvariousteamworkrelatedfactors. • Examinehowyourowncapabilitiescontributetoateamauditproject.
SpeakersDeePak waDhawan – FCA, CPA, CIAChief Executive, The Institute of Internal Auditors India
Deepakhas30yrsofinternalauditandriskmanagementexperienceacrossindustriesandindifferentsetupsaslargeprofessionalfirmsincludingPwC,KPMG,inselfpractice& corporates.
Currentnon-professionalinvolvementin-reviewmemberofTheIIAResearchFoundationprojecttitled-MaturitylevelsforInternalAuditDepartmentsaroundtheworldscheduledforreleaseonMarch16,2016attheIIANorthAmericaGAMConference.
gIrIDhar JanarDana President, IIA Madras Chapter & Partner, BlueRidge Consulting Services
Giridhar holds a Bachelor’s degree in Business Management (BBM), is a qualifiedCharteredAccountant(CA)fromICAI India, isaCertifiedinformationSystemsAuditor(CISA),USandisaLeadAuditor(ISO27001),BSI,UK.
Giridhar iscurrentlyservingasPresidentof Instituteof InternalAuditors (IIA),MadrasChapter.IIAisaglobalassociationhaving190000membersin185countries.HeisalsocentralcouncilmemberofIIA,India.
Giridharhasover15yearsofexperience in thefieldofBusinessProcessConsulting,ERM,IA,Corporategovernance,SoX,OperationalAudits,Applicationreviews,RevenueAssurance, process reviews.
k VIDhyaDharanSenior Vice President, IIA India & Partner, Mountbatton& Co
SeniorCharteredAccountantwith35yearsofProfessionalExperienceandhasServedinveryLargeIndustriesfor12years.HeispracticingExperienceof23years.
Vidhyadharan isRankHolder inCA Intermediate.He isSpecialising in InternalAudit,FinancialMgt,DueDiligenceandisaGuestFacultyin6majorInstitutions.
HehaspresentedTechnicalpapers inNational& InternationalSeminars/ConferencesandhasObtainedBestPaperAwardfromICAI.
HeisSeniorVicePresidentofTheInstituteofInternalAuditorsIndia,Mumbai,affiliatedtoIIAInc,Florida,USA.
ar ParthasarathyPast President, IIA Madras ChapterPartner, RGN Price & Co
uma PrakashPast President, IIA Madras ChapterDirector, Capri Accounting & Professional Services Pvt Ltd
P k ranganathanVice President, IIA Madras ChapterVice President- Risk Management & Internal Audit, Ashok Leyland Ltd
RanganathanhasawardedFinancialLeadershipAward in2012by InstituteofPublicEnterprises, Hyderabad for his stellar role in Hinduja Foundries as CFO. Under hisleadership,ALhasachievedthe“BestFirmoftheyearAward”in2014-15forEnterpriseRiskManagementpracticesawardedbyCNBCTV18&ICICILombardIns.Co.
HehasachievedISO27001-2013VersionCertificationin2015forInformationSecurityfunction of AL – the first Automotive Company in India to achieve this distinction.CurrentlywithAshokLeyland, theAutomobileMajor in India,asHead(VicePresident)ofGovernance functionscomprisingof IA,RiskManagement& InformationSecurity.WorkingwithALsinceNov1985–30years’experience inalmostall functions in IA,Finance&Leadershippositions;alsohandledSecretarial&Legalfunctions.
cancellation and refund Policy
You must notify us by email at least 48 hours in advance if you wish to send a substitute participant. Delegates may not “share” a pass between multiple attendees without prior authorization. If you are unable to find a substitute, please notify Achromic Point Consulting (APC) in writing up to 10 days prior to the conference date and a credit voucher valid for 1 year will be issued to you for the full amount paid, redeemable against any other APC conference. No credits or refunds will be given for cancellations received after 10 days prior to the conference date. APC reserves the right to cancel any conference it deems necessary and will not be responsible for airfare‚ hotel or other costs incurred by registrants. No liability is assumed by APC for changes in program date‚ content‚ speakers‚ or venue.
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Internal auditing today:Beginning auditor tools and techniques
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