Internal Audit: Getting started and driving value


This course aims to provide delegates with an overview of the benefits of establishing an internal audit function and how to develop the value derived from the function over time.  

Venue details:  
Belfast, The Linenhall, 32-38 Linenhall Street, Belfast
Start date & time:  
17 November 2020 09:30
End date & time:  
17 November 2020 13:00
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
CPD hours:  
Speaker details
First nameLast name
Ross J Boreland


Product type:  
CPD course
Audit and assurance, Governance and ethics

Who should attend?

The course is aimed at senior management from organisations considering establishing an internal audit function, or professionals working in recently established internal audit functions.

Course Overview

Provide an overview of the key concepts involved in internal audit Provide an understanding of the value of assurance provided by internal audit Set out the key stakeholders of internal audit Challenges in establishing the internal audit function Describe key aspects of the internal audit process

Key learning outcomes

Delegates will obtain an understanding of the reasons for establishing an internal audit function and how it can help preserve and create value in an organisation. Delegates will obtain a high-level understanding of the internal audit process and key considerations in establishing the function and embedding its position in the organisation.

  • Key concepts of internal audit
  • Definition of internal audit
  • Internal audit, risk management and the three lines of defence
  • The value of internal audit’s assurance
  • The independent view
  • Access all areas
  • The direct link between operations and the board
  • Stakeholders and their interests
  • The Audit Committee and Board
  • Management and staff
  • External stakeholders – government, the public, shareholders
  • Challenges in establishing an internal audit function
  • Getting started  and getting buy-in
  • Maintaining independence
  • Demonstrating value
  • Resourcing the internal audit team
  • The internal audit process - overview
  • The strategic plan
  • Internal audit reviews – planning and execution
  • Reporting