The British Academy for Training and Development offers this training program titled "Internal Auditing: Principles and Applications", designed to provide participants with a comprehensive and structured understanding of internal auditing concepts and methods—starting from theoretical foundations and progressing toward practical application in accordance with the latest international standards.

In light of the rapid developments in business environments and the increasing regulatory and organizational challenges, internal auditing has become a vital tool for ensuring institutional performance integrity and strengthening confidence in internal control systems and governance frameworks.

This program equips trainees with a critical perspective and an analytical approach to reviewing internal processes and activities, using precise evaluation tools that support risk identification and overall performance improvement. It stands out for its inclusive content, which caters to both beginner auditors and experienced professionals. The course places strong emphasis on professional reporting, data analysis, and formulating impactful recommendations that contribute to positive organizational outcomes.

Who Should Attend?

• Internal audit and financial control department staff.

• Accountants, auditors, and financial controllers.

• Compliance, governance, and risk management officers.

• External auditors seeking to specialize in internal auditing.

• Executives and managers who wish to understand effective control tools.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Understand the fundamental concepts of internal auditing and its organizational functions.

• Become familiar with international internal audit standards and relevant frameworks.

• Develop skills for planning and executing effective audit reports.

• Evaluate internal control systems and assess governance efficiency.

• Apply auditing tools and methodologies across diverse work environments.

• Introduction to Internal Auditing

  • Definition of auditing and its objectives in modern institutions.

  • Distinguishing between internal and external auditing in terms of function and responsibilities.

  • The importance of the audit role in supporting managerial decision-making.

• Professional and Reference Framework

  • Professional guidelines governing the internal auditing field.

  • Adherence to the code of ethics, transparency, and integrity.

  • International internal audit standards (IPPF) and their practical applications.

• Functions of Modern Internal Auditing

  • Independent examination and providing recommendations to management.

  • Ensuring the efficiency of internal controls and risk management processes.

  • Supporting regulatory compliance and contributing to governance objectives.

• Defining the Scope of the Audit Mission

  • Studying the nature of operations subject to audit.

  • Analyzing the organizational structure and identifying potential weak points.

  • Setting clear and measurable audit objectives.

• Enterprise Risk Assessment

  • Methods for classifying and analyzing operational and financial risks.

  • Linking the level of risk to the depth of audit examination.

  • Prioritizing audit work based on risk impact and probability.

• Developing the Annual Audit Plan and Individual Engagement Plans

  • Planning audit activities throughout the year.

  • Preparing timelines and coverage scopes for each audit assignment.

  • Allocating roles and identifying required resources.

• Gathering Audit Information and Evidence

  • Using verification methods such as inspection, interviews, and observation.

  • Ensuring the accuracy and credibility of documents and records.

  • Utilizing technology to enhance data collection processes.

• Analyzing Findings and Evaluating Procedures

  • Reviewing operations and comparing them to approved policies.

  • Measuring the effectiveness of controls and alignment with standards.

  • Documenting gaps and identifying root causes of deficiencies.

• Documenting Professional Observations

  • Writing observations in a clear, objective, and structured manner.

  • Categorizing issues based on severity and priority.

  • Maintaining records that support audit conclusions.

• Structuring the Internal Audit Report

  • Defining report content: background, methodology, and findings.

  • Using professional language free of ambiguity or exaggeration.

  • Highlighting critical points in a logical and accessible format.

• Formulating Actionable Recommendations

  • Proposing practical solutions based on analytical insights.

  • Identifying responsible parties and expected timeframes for implementation.

  • Considering organizational and cultural factors in the recommendation process.

• Presenting Findings and Communicating with Management

  • Delivering the audit report to senior management with clarity and professionalism.

  • Responding to inquiries and explaining the audit methodology.

  • Discussing follow-up steps and engagement closure.

• Evaluating the Internal Audit Function

  • Using methods for assessing audit quality (QAIP).

  • Conducting internal self-assessments or independent external reviews.

  • Analyzing feedback to enhance audit performance.

• Essential Skills of an Effective Auditor

  • Analytical, ethical, and communication skills.

  • Time management and setting priorities during assignments.

  • Developing critical thinking skills when working with data.

• Future Trends in Auditing

  • The role of technology and digital transformation in advancing audit functions.

  • Artificial intelligence and big data analytics.

  • Redefining the auditor’s role in modern business environments.