Conference on Certified Internal Auditor CIA part 1
Overview:
Introduction:
This conference prepares participants for the Certified Internal Auditor (CIA) Part 1 exam only, focusing on the fundamentals of internal auditing.
This conference empowers participants with essential knowledge on internal audit processes, risk management, internal controls, and best practices in auditing, enabling them to excel in their roles as auditors and prepare for the certification exam.
Program Objectives:
By the end of this conference, participants will be able to:
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Understand the basics of internal auditing as outlined in the CIA Part 1 syllabus.
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Apply internal control and risk management principles in audits.
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Conduct effective internal audit engagements.
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Recognize the roles and responsibilities of internal auditors.
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Prepare for the Certified Internal Auditor (CIA) Part 1 exam.
Target Audience:
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Aspiring Certified Internal Auditors.
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Internal Auditors seeking certification.
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Compliance Officers and Risk Managers.
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Audit professionals preparing for the CIA exam.
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Audit Managers and Supervisors.
Conference Outline:
Unit 1:
Introduction to Internal Auditing and the CIA Part 1 Exam:
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Overview of the Certified Internal Auditor (CIA) certification.
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Structure and topics covered in the CIA Part 1 exam.
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The role of internal auditors in modern organizations.
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Fundamental principles and objectives of internal auditing.
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The Institute of Internal Auditors (IIA) standards and guidelines.
Unit 2:
Internal Control and Risk Management:
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Understanding internal control frameworks (e.g., COSO).
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Principles of risk management and its role in internal audits.
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Identifying and assessing risks during audits.
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Evaluating the effectiveness of internal controls.
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Case study: Assessing internal control weaknesses and risks.
Unit 3:
Conducting Internal Audit Engagements:
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Planning and preparing for an internal audit engagement.
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Developing audit objectives and scope.
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Techniques for collecting audit evidence.
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Performing audit procedures and documenting findings.
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Ensuring compliance with audit standards and regulations.
Unit 4:
Reporting and Communication of Audit Results:
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Writing clear and concise audit reports.
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Communicating audit findings to stakeholders and management.
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Recommending corrective actions and improvements.
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Following up on audit recommendations and corrective actions.
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Best practices for effective communication in internal audits.
Unit 5:
Certification Exam Preparation for CIA Part 1:
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Detailed review of CIA Part 1 exam topics and structure.
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Study techniques and strategies for exam success.
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Sample exam questions and their potential answers.
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Key concepts: internal control, risk management, and audit fundamentals.
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Resources and materials for further study.