Ethically Mastering the Global Internal Audit Standards
Are you an experienced user of the 2017 IPPF? Concerned about how to adapt your internal audit function’s best practices and methodologies to be in conformance with the new Global Internal Audit Standards? This course is just for you!
The Ethically Mastering the New Global Internal Audit Standards course is designed specifically for internal auditors seeking to enhance their knowledge and skills in alignment with the revised International Professional Practices Framework (IPPF) and Standards set forth by The Institute of Internal Auditors (IIA). This course delves into the changes introduced to the IPPF and Standards, with a particular emphasis on the five domains that govern the internal audit profession.
This unique course is comprised of a 6 CPEs instructor-led training session intended to walk participants through the structure, changes in language, and new requirements to keep in front of mind as they prepare to adopt the revised IPPF. The remaining 2 CPEs will be completed as self-study as participants apply their enhanced understanding of the Global Internal Audit Standards.
Who will benefit from this course?
This course will benefit experienced users of the 2017 IPPF who are preparing to adjust their internal audit practices and methodologies to be in conformance with the new Global Internal Audit Standards.
Course Objectives
- Examine the changes to The IIA's Global Internal Audit Standards and their significance for internal audit functions currently in conformance with the 2017 IIA Standards.
- Determine what changes the internal audit function needs to consider for conformance across the five domains of the Global Internal Audit Standards.
- Analyze ethical scenarios within the context of the revised standards and develop strategies to address them.
- Enhance professional judgment and decision-making skills when faced with ethical dilemmas in the auditing field, based on conformance with the new Global Internal Audit Standards.
Course Topics
Revised IPPF Structure
- Examine the structure of the Global Internal Audit Standards:
- Domains.
- Principles.
- Standards.
- Considerations for:
- Implementation.
- Evidence of Conformance.
- Understand other IPPF components:
- Guidance.
- Topical Requirements.
Domain Review
- Examine major changes in the 5 domains:
- Purpose of Internal Auditing.
- Ethics and Professionalism.
- Governing the Internal Audit Function.
- Managing the Internal Audit Function.
- Performing Internal Audit Services.
- Determine what changes the internal audit function should consider for conformance.
Practical Implementation of the Global Internal Standards
- Analyze the impact of the changes on auditing processes holistically.
- Align current internal audit practices with the new Standards.
Ethically Mastering the Standards
- Apply the standards to ethical scenarios.
- Develop strategies for addressing ethical dilemmas in auditing, in the context of the Global Internal Audit Standards.
SUMMARY INFO
NASBA KNOWLEDGE LEVEL: Intermediate
NASBA DELIVERY METHOD: Online
NASBA FIELD OF STUDY: Auditing
COMPETENCY LEVEL: Applied Knowledge
PREREQUISITES: Participants should come with knowledge of, and experience with, the auditing process under the 2017 IPPF conformance expectations.
ADVANCE PREPARATION: None
TOPIC(S): Audit Methodology Ethics
Location: The venue will be decided prior to the course date
