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Workshop: Designing & Writing an Internal Audit Report

$
1800.00
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2 days | 16 academic hours


Training objectives
Training program Day 1
Training program Day 2

Training objectives

  • Define and effectively carry out all stages of preparing an internal auditor’s report
  • Formulate requirements for the structure of the report
  • Master the technique of report writing
  • Properly prepare the report in accordance with the risk-based internal audit methodology
  • Understand the nuances of presenting audit recommendations in the report for management and the board of directors
  • Optimize the allocation of personnel, time, and financial resources involved in report preparation

Training program Day 1

Principles of Internal Audit Report Preparation
  • Professional standards for internal audit (Standards of the Institute of Internal Auditors) regarding report requirements: analysis and application
  • Utilizing information sources necessary for report preparation: data collection and preparation of internal auditor working papers – three essential steps for the internal auditor
Case Study: building the pyramid of report users and discussing expectations (group work)
  • Objectives, scope, and format of the report: content and logical structure
  • Elements of the audit report: structuring and naming report sections based on user needs
Case Study: writing the report – introductory part
  • Prioritizing audit findings for inclusion in the report: practical approaches
  • Presentation of audit findings: stylistic features
Case Study: describing findings – selecting styles and methods for presenting information

Training program Day 2

  • The internal audit report as an effective management tool for the organization
  • Recommendations from internal auditors
Case Study: preparing and analyzing recommendations
Presentation of the Internal Audit Report
  • The process of reviewing the report
  • Preparing to present the internal audit report: editing and self-editing
  • Type of audit assignment and aspects of interim reporting
  • Management action plans
  • Follow-up actions and monitoring of recommendations
  • Presenting the audit report: using text and graphical interpretations
Case Study: writing the report conclusion