Training Services

• Audit report writing

• Audit report writing

  Possible topics:
  • Requirements of the international professional practice framework and
    how to use it as a practical guide during audits
  • Report writing strategy
  • Facts, evidence and symptoms: how to get to the internal control issue
  • Cause and consequences: how to get to a risk statement
  • Smart recommendations
  • Management Summary
  • Style guidance with covering for example text structures, abbreviations, figures
• Effective and risk-oriented engagement planning

• Effective and risk-oriented engagement planning

  Possible topics:
  • Requirements of the international professional practice framework and
    how to use it as a practical guide during audits
  • Risk-control matrixes as an effective planning tool
  • Understanding the impact of the various risk and control aspects in engagement planning
  • Structuring audit planning documents, audit data and other information
  • Development of risk hypotheses to derive your audit objectives
  • Determination of controls and criteria
  • Components of an audit concept
• Mastering the challenges for effective audit tracking

• Mastering the challenges for effective audit tracking

  Possible topics:
  • Requirements of the international professional practice framework and
    how to use it as a practical guide during audits
  • Components of an effective audit tracking process
  • Prerequisites for efficient and effective audit tracking
  • Options for an audit follow-up including their advantages and disadvantages
  • Working with delays, reorganisations and other changes affecting audit tracking
  • Use of data banks for audit tracking including possible concepts
  • Structuring the audit tracking process with auditees
  • Supervision of the audit follow-up process
  • Reporting on audit follow-up
• External audits by third parties – the role of internal audit

• External audits by third parties – the role of internal audit

  Possible topics:
  • Audit mandate of external auditors
  • Audit standards applicable
  • Planning of cost and cost control of external audits
  • Audit documents: preparation, storage and security issues
  • Interaction on audit work, communication on audit findings, audit reporting and report recipients
  • Quality control
  • Support by internal audit; audit coordination
  • Interaction with and organisation of external auditors in group-wide structures
• Efficiency and effectiveness in internal audit departments

• Efficiency and effectiveness in internal audit departments

  Possible topics:
  • Requirements of the international professional practice framework and
    how to use it as a practical guide
  • Effort, cost, output and benefits in internal auditing: quantitative and qualitative
    measurement criteria
  • Concepts for time recording in internal audit
  • Managing the internal audit department as a cost center
  • Value Adding: determination of the values of the stakeholders and internal audit
  • Concepts for measuring the added value
  • Interplay between efficiency and professional diligence
  • Management by objectives for auditors