Tools for Audit Managers

The 'Tools for Audit Managers' course is designed for internal auditors with three or more years of experience who aspire to enhance their effectiveness as audit managers and become trusted advisors within their organizations. This comprehensive program, held at the Gaylord Palms Resort & Convention Center in Kissimmee, United States, equips participants with the essential understanding, skills, and techniques required to manage audit teams effectively.

It covers the life cycle of an audit from an audit manager’s perspective, providing insights into leading and developing an audit team, managing organizational change, and fostering relationships with key stakeholders such as the Chief Audit Executive (CAE), executive management, and the audit committee.

Participants will engage in practical exercises that examine the audit model, components of the internal control environment, and risk assessment strategies. The course outlines audit engagement responsibilities, including the development of audit plans that define scope, budget, resources, and schedules. It emphasizes the importance of monitoring audit fieldwork, providing feedback, conducting root-cause analysis, and preparing comprehensive audit reports.

The program also addresses the Quality Assurance and Improvement Program (QAIP) and the formal quality assurance standards governing the internal audit function. Key topics include the International Professional Practices Framework (IPPF), the COSO Framework, and the Sarbanes-Oxley Act of 2002. Participants will learn to formulate strategies for managing stakeholder relationships and promoting the internal audit function, alongside innovative problem-solving techniques to enhance audit effectiveness.

Overall, this course is an indispensable opportunity for audit managers looking to refine their skills and lead their teams with confidence.