Systems and Internal Audit Control
Program Overview:
This program is designed to generate intensive, in-depth, highly interactive, and practical session to cater for participants’
professional education needs and requirements with emphasis on the best practice methods in modern internal auditing and
control systems.
For whom:
Internal Audit department staff, Internal control staff, financial control staff, Account manager, Admin. Managers, Treasury
department staff in both service and manufacturing industries.
Learning objectives:
At the end of the program, participants will be able to:
■ have an in-depth understanding of the role of internal audit and control systems
■ develop skills for the control functions of their organizations.
■ develop the risk/control matrix needed for organizational survival and growth
■ improve on their understanding with regards to enforcement of ethical standards, auditors’ independence and
professional attitude
■ appreciate the best-practice methods in modern internal auditing and control systems.
Course outline:
Day 1: The internal auditor as the ear and eye of management
_ enthroning a fraud preventive internal control system
■ System documentation process, review, and upgrade
■ Trends and challenges
The role of human psychology in auditing
■ Audit concepts: Auditor’s and Audi tee’s perception
■ Psychological barriers in effective auditing
■ Psychological strategies for enhancing auditing
■ Interpersonal strategies: face to face clarification of issues
– Identification of liars, verbal and non-verbal clues, etc.
Day 2: Computer audit techniques
■ Computer installations control checklist
■ Maintaining the audit trail in a computerized system
■ Control in online and real-time systems
■ Use of computer software in computer auditing (CAATS)
■ Emerging trends and challenges
Day 3: Scientific document examination/ Risk Management
■ Analysis of forged and fraudulent documents
■ Signature verification
■ Fraud prevention and management
■ The role of internal auditor
Training Methodology
Lectures, discussions, exercises, case studies, audio-visual aids will be used to reinforce these teaching/learning
methods.