Course Schedules

Classroom 5 Sessions
Online / Live
Live

No dates scheduled

Introduction

Adding Value in Internal Audit Training Course is designed to reposition Internal Audit as a strategic contributor to organizational success. Moving beyond traditional compliance-focused practices, this course promotes a value-driven Internal Audit approach aligned with performance improvement and governance excellence.

The course supports the transformation of Internal Audit into a trusted advisor that delivers actionable insights and drives positive change. Participants will explore advanced audit strategies, continuous auditing methodologies, governance auditing, and benchmarking against global best practices.

Key focus areas include Value for Money (VFM) auditing, third-party risk reviews, Corporate Governance assessment, Corporate Social Responsibility (CSR) auditing, and assurance mapping. By strengthening stakeholder engagement and expanding audit scope into emerging risk areas, this Internal Audit Training Course empowers professionals to enhance transparency, improve assurance quality, and exceed leadership expectations.

What are the Goals?

Adding Value in Internal Audit Training Course aims to strengthen the strategic impact of Internal Audit by developing modern assurance capabilities and value-focused audit practices. This course equips participants with practical tools to enhance governance oversight and deliver measurable organizational value.

By the end of this training course, participants will be able to:

  • Benchmark Internal Audit activities against global best practices

  • Transform Internal Audit from a compliance-driven function to a value-driven service

  • Deliver measurable value through actionable audit insights

  • Apply structured approaches to consultancy assignments

  • Assess Corporate Governance frameworks with confidence

  • Implement Value for Money (VFM) auditing techniques

  • Enhance stakeholder assurance and engagement practices

  • Build proactive relationships with Audit Committees

  • Audit emerging areas such as third-party risk, CSR, IT projects, and information security

Who is this Training Course for?

Adding Value in Internal Audit Training Course is intended for professionals responsible for assurance, governance, and risk oversight who seek to elevate the role of Internal Audit within their organizations. It is particularly suitable for those leading audit transformation initiatives or strengthening audit value delivery.

This training course will greatly benefit:

  • Heads of Audit and Chief Audit Executives

  • Internal Audit Managers and Supervisors

  • Professionals transitioning into audit leadership roles

  • Compliance and Quality Assurance Managers

  • Senior management involved in governance and control oversight

  • Assurance professionals managing third-party risks

  • Consultants supporting Internal Audit transformation initiatives

  • Professionals engaged in corporate governance and risk management activities

How will this Training Course be Presented?

Adding Value in Internal Audit Training Course uses a highly interactive and practical learning approach to ensure immediate application of audit best practices. The course blends structured presentations with collaborative discussions and practical exercises focused on value-driven auditing.

Participants will analyse real-world case studies covering Value for Money auditing, governance reviews, third-party assessments, and continuous auditing techniques. Peer-to-peer discussions encourage knowledge exchange and critical evaluation of existing audit practices.

Interactive workshops help participants explore assurance mapping, Corporate Governance auditing, stakeholder engagement strategies, and auditing emerging risk areas such as IT systems, information security, and business continuity. This structured and applied methodology ensures participants can confidently transform Internal Audit into an insightful catalyst for sustainable organizational improvement.

Course Content

Day 1

Internal Audit Best Practice

  • Ensure IA is seen as an agent for positive change
  • Meeting the challenges of the new IIA standards
  • The significant changes in the Internal Audit role
  • The need to recognise audit risk
  • Building a world class team
  • Marketing the IA activities
Day 2

Day Two: The Value for Money (VFM) Approach

  • What is VFM?
  • The Power of VFM auditing
  • The 3 E’s (Efficiency, economy and effectiveness)
  • VFM audit techniques
  • Performance measurement
  • Case Studies
Day 3

Adding Value by Focusing Audit Activities

  • Focusing attention on the activities with potential to add value
  • Auditing Third Party activities
  • Outsourcing reviews
  • Managing the added value audit process
  • Continuous auditing
  • Assurance Mapping
Day 4

Corporate Governance – the Added Value Approach

  • The key aspects of CG
  • Auditing the key aspects of Corporate Governance
  • Developing proactive Audit Committee relationships
  • Auditing Corporate Social Responsibility and Ethics
  • How to understand and exceed stakeholders’ expectations
  • Auditing new areas such as Social Media
Day 5

Auditing the More Complex Added Value Topics

  • Information security
  • Systems under development
  • The web site and external communications
  • IT projects
  • Business Continuity Management
  • Brand and reputation management

The Certificate

Recognition
  • Anderson Certificate of Completion for delegates who attend and complete the training course
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