Page 13 - Verracy's 2019 Course Catalogue
P. 13

Embedding Critical Thinking in the                         Project Management Skills for
       Internal Audit Process                                     Internal Auditors

       IA-102                                   8     16          IA-103                                  8    16


                                               CPEs CPEs                                                CPEs CPEs

        Organizations are looking to their audit departments for   The audit engagement is a project, but rarely are proven project
        company insights, risk and fraud expertise, in-depth industry   management methodologies used in managing internal audits.
        knowledge, and forward-looking reporting. Auditors are ex-  Audits are regularly subject to delays, changes in scope, scope
        pected to be open-minded and analytical thinkers. Decision-  creep, resource shortages, and frequent struggles with time-
        making skills and professional judgment are a necessity in   liness. And rarely do formal Project Management courses trans-
        internal audit. Teaching auditors to utilize critical thinking skills   late easily into specific steps and techniques that can be lever-
        throughout the audit process strengthens their ability to iden-    aged in an audit. This course will translate formal project man-
        tify and assess risk, prioritize testing, align audit objectives with   agement skills into audit-specific methods and techniques that
        business objectives, and identify true value-add activities.  will help audit teams overcome common engagement challenges
                                                                  and immediately increase credibility by delivering on-time and
        This course provides the skills and techniques necessary to   focused audits.
        embed critical thinking skills in all aspects of the audit cycle.
        The tools and techniques shared will guide your use of critical   The tools and techniques shared can be immediately imple-
        thinking skills in risk assessment, interviewing, audit evidence   mented in every audit process. Real-life examples of failures and
        gathering, and report writing. Real-life examples of failures   successes will be covered to highlight the learning process. This
        and successes of critical thinking in internal audit will be   course is interactive with multiple hands-on exercises and class
        covered to further the learning process.                  participation to provide opportunities for you to practice what
                                                                  you learn.
        This course is interactive with multiple hands-on exercises and
        class participation to provide opportunities for you to practice
        what you learn.

        What You Will Learn:                                      What You Will Learn:
        •   Understanding the process of critical thinking and    •   Learning the basic concepts and fundamentals of formal
           intellectual traits                                        project management methodologies
        •   Discussing the meaning and application of professional    •   Understanding how to apply formal project management
           judgment                                                   methodologies to the audit process
        •   Demonstrating how critical thinking helps improve the    •   Learning the basic tools and techniques used in formal
           audit process                                              project management
        •   Comparing and contrasting auditor judgment and critical   •   Understanding how to use formal project management in
           thinking skills                                            managing audits
        •   Reviewing ways to develop critical thinking to enhance    •   Learning how to deal with changes to scope and scope
           the audit process                                          creep
        •   Covering the use of critical thinking during the risk
           assessment, interviewing, and reporting cycles
        •   Reviewing the importance of appropriate, sufficient, and
           persuasive audit evidence
        Group Live  |  1 or 2 Days  |  Intermediate  |  Auditing  Group Live  |  1 or 2 Days  |  Intermediate  |  Auditing
        Who Should Attend: Internal Audit and Operations Staff &   Who Should Attend: Internal Audit Staff & Management
        Management                                                Prerequisites: Auditors with at least 2 years experience
        Prerequisites: Auditors with at least 2 years experience






                                                                     +1 (877) 332-8708  |  verracy.com/training
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