Effective Internal Auditing Training

The programme

Programme overview

In today’s rapidly evolving regulatory landscape, internal auditing is a cornerstone of sound governance, risk management, and organisational resilience. This immersive course empowers participants with the knowledge, skills, and cutting-edge tools needed to conduct impactful internal audits across diverse industries. Through a dynamic blend of interactive presentations, real-world case studies, group exercises, and simulations, participants will translate theory into practice, sharpening their ability to add measurable value within their organisations.

Practical examples from multiple sectors will showcase the wide-ranging applications of internal audit — from fraud detection and IT system assurance to quality improvement and regulatory compliance. Participants will engage in hands-on activities, building confidence to navigate audit complexities, communicate findings with clarity, and contribute to continuous organisational improvement.

Who should attend

Who is this programme for?

• Internal and External Audit Professionals
• Governance, Risk, and Compliance (GRC) Practitioners
• Financial Services Regulators and Finance Managers
• Functional and Senior Managers
• Board Members and Audit Committee Members
• Anyone with an Interest or Responsibility in Internal Controls and Organisational Assurance

Learning outcomes

What you will learn

• Develop and articulate clear audit objectives and construct robust, risk-based audit plans
• Apply globally recognised internal audit methodologies tailored to various scenarios
• Communicate audit findings through compelling, evidence-based reports that drive action
• Deploy advanced investigative techniques, including AI-assisted analytics, to detect fraud and assess IT and cybersecurity risks
• Implement quality assurance practices, including the IIA's AI Auditing Framework, to ensure internal audit effectiveness

Explore the programme

Detailed programme outline

• Introduction to internal auditing
• The role of internal audit in Governance, Risk, and Compliance (GRC)
• Internal vs. external auditing: key differences
• Core principles and international standards (IIA, ISO, and others)
• Defining audit objectives, scope, and criteria
• Identifying and evaluating risks
• Building effective audit plans and timelines
• Overview of methodologies: risk-based, control-based, and thematic audits
• Choosing the right approach for your organisation
• Integrating technology and AI-assisted data analytics into the audit process
• Data collection techniques and best practices
• Sampling strategies and statistical methods
• Maintaining audit trails and documentation
• Effective interviewing and information gathering
• Conducting walkthroughs and control testing
• Overcoming fieldwork challenges and obstacles
• Collaboration with auditees
• Best practices for communicating with stakeholders
• Structuring and writing impactful audit reports
• Presenting findings and recommendations with influence
• Identifying red flags and fraud indicators
• Conducting fraud risk assessments, including AI-assisted anomaly detection
• Legal and ethical considerations in investigations
• Auditing IT systems, networks, and applications
• Evaluating cybersecurity and data protection controls
• Auditing AI governance using the IIA's AI Auditing Framework: assessing an organisation's AI strategy, governance maturity, and AI-related risks
• Ensuring compliance with evolving regulations
• Establishing and maintaining an audit Quality Assurance and Improvement Programme (QAIP)
• Conducting peer reviews and self-assessments
• Incorporating stakeholder feedback
• Leveraging audit insights for strategic improvements
• Future trends: digital transformation, agile auditing, and GRC evolution

Learning approach

How you will learn

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.