Developing, Enhancing, and Monitoring the Internal Audit Function (COSO Framework)
1 Weeks
Professional Level
Certificate Included
| City | Date | Price | Status |
|---|---|---|---|
LondonUnited Kingdom | September 14, 2026 | £4,800 | Confirmed date |
AmsterdamNetherlands | September 18, 2026 | €4,900 | Confirmed date |
ParisFrance | September 26, 2026 | €4,900 | Confirmed date |
TunisTunis | October 1, 2026 | €4,400 | Confirmed date |
GenevaSwitzerland | October 3, 2026 | €4,900 | Confirmed date |
LisbonPortugal | October 13, 2026 | €4,800 | Confirmed date |
SingaporeSingapore | October 20, 2026 | €5,100 | Confirmed date |
OnlineOnline | October 22, 2026 | €2,400 | Confirmed date |
IstanbulTurkey | October 28, 2026 | €4,400 | Confirmed date |
Kuala LumpurMalaysia | November 20, 2026 | €4,800 | Confirmed date |
Duration
1 Weeks
Category
Treasury & Finance
Level
Professional Level
Certificate
Included
In today's dynamic business environment, a robust internal audit function is no longer a luxury but a strategic necessity for organizational resilience and sustainable growth. This comprehensive course provides an in-depth exploration of the Committee of Sponsoring Organizations (COSO) framework as the foundational blueprint for establishing, strengthening, and overseeing a world-class internal audit function. We will systematically examine how to align the internal audit activities with the five essential components and seventeen underlying principles of the COSO framework, ensuring they effectively address organizational objectives in operations, reporting, and compliance. Participants will learn practical methodologies for developing a risk-based audit plan, enhancing audit processes for maximum efficiency and coverage, and implementing a robust monitoring system to provide assurance on the effectiveness of internal controls and risk management practices. This program is specifically designed for professionals tasked with building, transforming, or governing the internal audit function to serve as a critical value-adding partner in achieving strategic goals and navigating an increasingly complex regulatory landscape.
This course is essential for professionals responsible for establishing, managing, or overseeing the internal audit function. The ideal participants include Chief Audit Executives, Internal Audit Directors and Managers, Compliance Officers, Risk Managers, and Audit Committee Members. It is also highly valuable for finance controllers and business leaders who interact with the internal audit process.
A more effective and efficient internal audit function that provides reliable assurance.
Enhanced organizational governance and strengthened internal control environment.
Improved alignment of audit activities with strategic objectives and key risks.
Increased stakeholder confidence through a structured, framework-based audit approach.
Proactive identification and mitigation of operational, financial, and compliance risks.
Demonstrable adherence to recognized internal control and auditing standards.
Acquire specialized expertise in designing and managing an internal audit function.
Enhance professional credibility and value to the organization.
Develop practical skills to implement and monitor based on the COSO framework.
Increase confidence in advising senior management and the board on audit matters.
Gain a competitive edge for career advancement in governance, risk, and compliance.
Build a toolkit of best practices, templates, and methodologies for immediate application.
Understanding the COSO Cube: Five Components and Seventeen Principles. Defining the Internal Audit Charter, Role, and Independence. Aligning the Audit Function with Organizational Strategy and Objectives.
Conducting a Comprehensive Risk Assessment and Building the Audit Universe. Prioritizing Audit Activities and Developing a Strategic Audit Plan. Resource Planning and Budgeting for the Internal Audit Function.
Designing and Documenting Audit Work Programs and Testing Strategies. Effective Fieldwork Execution, Workpaper Documentation, and Findings Development. Integrating Data Analytics and Technology into the Audit Process.
Drafting High-Impact Audit Reports and Communicating Results Effectively. Managing Relationships with the Audit Committee and Senior Management. The Art of Persuasion: Ensuring Management Implements Audit Recommendations.
Establishing a Quality Assurance and Improvement Program (QAIP). Monitoring the Performance and Effectiveness of the Internal Audit Function. Developing a Roadmap for Continuous Enhancement and Maturity of the Function.
Duration: 1 Weeks
Duration: 5 days
Format: Classroom / Online / Blended
The training will be delivered by a team of experts specialized in negotiation and professional relationships. They have extensive practical experience in managing complex negotiations, as well as a strong record in delivering leadership and management development programs.
Mastering the development, enhancement, and monitoring of the internal audit function through the COSO framework is pivotal for delivering strategic value and ensuring organizational integrity. This course has equipped you with the knowledge, frameworks, and practical tools to build a proactive, risk-focused, and highly effective internal audit department. By applying these principles, you will be able to provide greater assurance to stakeholders, strengthen your organization's control environment, and position internal audit as an indispensable partner in achieving strategic objectives and fostering a culture of continuous improvement.
Developing, Enhancing, and Monitoring the Internal Audit Function (COSO Framework)
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