Day One: Introduction to Internal Auditing and Governance

• Concept and Evolution of Internal Auditing
• Differences Between Internal and External Auditing
• Role of Internal Auditing in Corporate Governance
• Relationship Between Internal Audit, Management, and the Board of Directors
• Value Added by Internal Auditing

Day Two: Professional Standards and Ethics

• International Standards for the Professional Practice of Internal Auditing (IIA)
• International Professional Practices Framework (IPPF)
• Principles of Independence and Objectivity
• Code of Ethics and Professional Conduct
• Responsibilities and Authorities of Internal Auditors

Day Three: Risk Management and Internal Controls

• Concept and Types of Risks
• Role of Internal Auditing in Risk Management
• Internal Control Systems and Their Components (COSO)
• Evaluating the Efficiency and Effectiveness of Internal Controls
• Identifying Control Weaknesses

Day Four: Planning and Conducting Internal Audit Engagements

• Developing an Internal Audit Plan
• Risk-Based Auditing
• Audit Programs and Procedures
• Gathering and Documenting Audit Evidence
• Interviewing and Inquiry Skills

Day Five: Audit Reporting and Follow-Up

• Preparing Internal Audit Reports
• Drafting Audit Findings and Recommendations
• Presenting Audit Results to Management
• Following Up on the Implementation of Recommendations
• Improving the Quality of Internal Audit Activities