This course is designed to provide participants with a comprehensive understanding of audit management processes, principles, and practices. The course will cover the key aspects of audit management, including planning, executing, and reporting on audits, as well as managing audit teams and communicating with stakeholders.
The course will begin with an overview of the audit process, including the various types of audits, their objectives, and the roles and responsibilities of the audit team. The course will then cover the key elements of audit planning, including risk assessment, scoping, and setting audit objectives. Participants will also learn how to develop audit programs, design audit procedures, and manage resources effectively.
The course will then focus on the execution of audits, including conducting fieldwork, collecting, and analyzing audit evidence, and evaluating audit findings. Participants will learn how to identify and assess control deficiencies, and how to communicate audit findings to management and other stakeholders.
The final part of the course will cover the reporting and follow-up phases of the audit process. Participants will learn how to prepare high-quality audit reports, including developing conclusions and recommendations that address identified risks and control deficiencies. The course will also cover best practices for tracking and monitoring audit recommendations, as well as communicating audit results to senior management and other stakeholders.