Innovation in Internal Audit

MIS Training Institute
Course summary
5 days
3,645 GBP excl. VAT
Open / Scheduled
Next available date: 08/06/2020 - London
Course Dates
08/06/2020   (English)
3,645 GBP
14/12/2020   (English)
3,645 GBP

Course description

Innovation in Internal Audit

The amount, speed and impact of change has accelerated significantly and all indicators point to more change in the future. Organizations are expected to innovate and become creative in the pursuit of business objectives, the management of risks and the implementation of appropriate controls that increase the likelihood of success in the short and longer terms. Internal auditors must understand the dynamics driving these changes, how innovation is being used in modern organizations, and how it affects the efforts to provide reasonable assurance to the board of directors, management and other stakeholders. Internal audit must not only understand change and innovation, but must embrace, adopt, thrive with it and promote it. This course will teach you where and how innovation can work in your organization’s favour so value is protected and enhanced while risks are appropriately managed.

Why attend this course?

  • Explore ways to use innovation in the planning, fieldwork and reporting phases of internal audits
  • Learn how to improve the internal audit methodology
  • Discover ways to be more responsive to your clients’ needs
  • Adapt effectively to an ever-changing risk and controls environment
  • Understand management’s actions and how innovation impacts your organization’s programs, processes, products and services
  • Build stronger relationships with the board and management by demonstrating resilience, adaptability and forward-thinking

Suitability - Who should attend?

Internal auditors, compliance experts, and leaders in their internal audit departments who want to develop new audit approaches, expand their current skills, and learn tips, tools and techniques to embed innovation in their internal audit methodology.

Directors and chief audit executives searching for ways to re energize, broaden and better focus their audit activities.

Outcome / Qualification etc.

MISTI Certificate and 40 CPE points.

Training Course Content

Day One: Innovation and Agility

  • Introduction
  • The role of innovation in internal audit
  • Improving agility
  • Embracing innovation

Day Two: The Audit Cycle – Part 1

  • Risk assessments
  • Innovation and GRC
  • Audit Plan Development
  • Planning

Day Three: The Audit Cycle Part - 2

  • Fieldwork
  • Reporting
  • Follow-up

Day Four: Above and Beyond

  • Change Enablement
  • Evidence
  • Expanding our Role

Day Five: Management and Leadership

  • Innovation in the management of the internal audit function
  • Achieving a higher level of thinking
  • The Three Lines of Defence

Please get in touch for full course agenda.

Provider: MIS Training Institute

MIS Training Institute - Audit, IT Audit & IT Security Training

MIS Training Institute - Audit, Risk, Fraud & Security Training

Founded in 1978, MIS Training Institute (MISTI) is the international leader in internal audit, fraud, IT audit and information security training. MISTI's expertise draws on experience gained in training more than 200,000 delegates across five continents.  Helping audit and information...

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Contact information for MIS Training Institute

MIS Training Institute

MIS Training Institute
30 Crown Place
EC2A 4EB London

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Reviews by course attendees

Average rating 4.8

Based on 4 reviews

Andrew C.
This was a very good and interesting course.
Jennifer W.
I would like to thank you for the course and the deep knowledge that we gained.
Adriana D.
The course provides an overview of the main topic regarding innovation in IA
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