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Two Day Seminar: Beyond the Basics: Essential Skills and Practices

Course Code: IAD456 CPE Hours: 16
Course Start Date: March 20, 2019 Course End Date: March 21, 2019
Time: 9.00 AM - 5.00 PM Registration Deadline : March 13, 2019
Level of course: Level 2 Trainer: Donald Espersen
Competency areas: Internal Audit Delivery [IAD] Course venue: M Hotel Singapore/Oasia Hotel Novena
Course fee (IIA/ ISACA member): $1572.90 (Inclusive of GST) Course fee (non-member): $1797.60 (Inclusive of GST)
Other Memberships valid for discount: 10% off non-member rate for ISCA and ACCA member
Lunch Provided: Yes Tea Break: Yes
Course Overview:

UTAP APPROVED COURSE
NTUC members enjoy 50% unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP (Union Training Assistance Programme). Terms and conditions apply.

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INTRODUCTION
Are you proficient in the foundational tools and techniques of internal audit but need to go beyond the basics? This course is designed for internal auditors with 1–5 years of experience who need to move to the next level in internal audit, adding value and providing future-focused insight when performing audit engagements.

In this course, you will learn several of the essential skills and practices that are embedded in The IIA’s Global Internal Audit Competency Framework. The curriculum is designed to engage you in group discussions and breakout sessions based on real-world scenarios and case studies, with one segment dedicated to an internal audit engagement simulation. These activities will help you identify opportunities to improve the efficiency and effectiveness of the internal audit process.

WHO SHOULD ATTEND
The course was primarily designed for experienced Internal Auditors (more than 1 and less than 5 years’ experience) who are interested in developing the essential skills and practices needed to go “beyond the basics.”

Prerequisites: Ideally for participants who will have attended “Beginning Auditor Tools and Techniques”/ "Tools & Techniques I: New Internal Auditor".

Course description :

LEARNING OUTCOMES
• Employ critical thinking skills to apply key principles in IPPF guidance to real-world internal audit challenges.
• Compare major risk management and internal control frameworks.
• Apply risk and control frameworks using real-world internal audit activities.
• Evaluate the risk responses and key controls needed to complete a top-down risk assessment.
• Apply business acumen and critical thinking skills in audit project planning.
• Identify the types of evidence used to meet audit project objectives.
• Apply persuasion, collaboration, and critical thinking in communicating audit results.
• Apply process improvement techniques and innovation to identify opportunities to improve your internal audit activity.

COURSE OUTLINE
Everyday Applications of the International Professional Practices Framework (IPPF)
• Use critical thinking to evaluate opportunities to add value and manage independence/objectivity risks.
• Employ critical thinking skills to apply key principles in IPPF guidance to real-world internal audit challenges and opportunities.

Top-Down Risk Assessment & Control Evaluation
• Compare major risk management and internal control frameworks.
• Examine an approach to consider an organization’s mission, strategic objectives, and culture in a top-down risk assessment.
• Use risk management principles and practices to identify and assess risks.
• Evaluate the risk responses and key controls needed to complete a top-down risk assessment.
• Explore an approach to align internal audit’s engagements with the organization’s strategic objectives and risk management process.

Audit Project Planning: Case Study
• Apply business acumen and critical thinking skills in audit project planning.
• Use a top-down risk assessment approach in audit project planning.
• Discuss effective interviewing and business process analysis techniques.
• Create an audit project plan focused on “red risks” and opportunities to add value.

Performing the Work: Case Study
• Apply critical thinking in performing the work needed to achieve audit project objectives.
• Identify the types of evidence used to meet audit project objectives and deliver value-added results.
• Use professional judgment, skepticism, and curiosity in evaluating audit results and formulating conclusions.

Communicating the Results: Case Study
• Apply persuasion, collaboration, and critical thinking in communicating audit results.
• Use the root cause of issues to develop audit observations.
• Examine negotiation tactics to manage conflict and resolve disagreements.
• Use critical thinking to identify and propose practical solutions.

Internal Audit Improvement and Innovation
• Discuss approaches to promote continuous improvement and innovation in the internal audit activity.
• Identify opportunities to improve the quality of an internal audit activity by applying key concepts and new ideas from the course.
• Apply process improvement techniques and innovation to identify opportunities to improve your internal audit activity.

ABOUT THE TRAINER
Mr Don Espersen is an independent internal audit advisor and professional trainer based in St. Paul, Minnesota, USA. He specializes in the design and delivery of customized training programs and internal audit quality improvement activities. He has worked with client groups in Africa, Asia, Canada, the Caribbean, Europe, Mexico, the Middle East, Oceania, South America, and the United States.

Prior to creating d.espersen & associate in 1999, Espersen held a variety of Chief Audit Executive, internal audit management and staff positions in several financial services organizations. During his professional career, he has:
• Served as one of the primary facilitators for The Institute of Internal Auditor’s (IIA) Chief Audit Executive’s Vision University series for over ten years.
• Facilitated over 650 seminars and customized training programs on a wide variety of internal auditing, risk management and internal control topics.
• Developed over a dozen of the IIA’s seminars including: Beyond the Basics: Essential Skills and Practices, Performing an Effective Quality Assessment, and COSO-Based Internal Auditing.
• Flown over 3,380,045 miles and had the privilege and pleasure of working with countless internal audit practitioners and their stakeholders.

He was one of the authors of the IIA's Quality Assessment Manual (2013). He has led over thirty external quality-assessment projects for internal audit groups in a wide variety of industries, sectors, and international locations.

Education and Professional Association Involvement
Don has a B.S. in Business from the University of Minnesota. He has served on six International Committees and was the co-editor of the Internal Auditors “Risk Watch” column from 2001-2008. Don is a member of the Twin Cities Chapter of the IIA and an honorary member of IIA Singapore.


You can utilise the training credits which will expire on 31 May 2019 for this training/seminar,etc. Please contact iia-academy@iia.org.sg to verify the availability of your training credits.

Payment by PayNow transfer

 

Make the payment of your registration fees via PayNow transfer by following the steps below:

1. Upon completing your registration, proceed to payment and select the “Cheque/Fund Transfer” option.
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4. Verify our UEN number (S76SS0058D) and release funds.

NOTE: Kindly include your name and/or membership ID under the UEN/Bill Reference Number (text limit of up to 25 characters).

 IIA Member

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 Non-Member 

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5. Once payment is made, please print screen the transaction and email to iia-academy@iia.org.sg for our tracking purposes.

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 Group Discount
Register as a group of 4 or more participants for the same course and enjoy a 10% group discount!
Applicable for participants from the same company registered within the same day. Discount will be indicated and processed on a single invoice.

Terms and Conditions
1. Registered participants will be liable for the full fee even in the event of non-attendance.
2. A processing fee of $100 will be imposed for any cancellation. Cancellation must be submitted in writing 7 days prior to the event date and subject to IIAS’s approval. Substitutions will be permitted and conditions will apply.
3. All registrations must "Proceed to Payment" to complete registration. Full payment must be received prior the course commencement.
4. Contact Person will be notified VIA EMAIL upon successful registration of the course. Once the course is confirmed, an email confirmation will be sent 1 week prior the course commencement date.
5. Complimentary parking will be provided on a first-come-first-served-basis.
6. IIAS reserves the right to revise the programme as necessary.
7. IIAS reserves the right to cancel or postpone the training should the minimum class size is not met.


PLEASE NOTE:

A system generated email will be sent upon successful registration of the mentioned seminar.
Once the course is confirmed, an email confirmation will be sent to the registrants’ contact email addresses 1 week prior to the course commencement date
If you do not receive any email notification regarding your course registrations, please call IIA Academy at 6324 9030/31.


Registration Closed.