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The Role and Practice of Internal Audit

14 Nov 2018 09:30 - 16:30
Cordium UK offices
130 Jermyn Street, London, SW1Y 4UJ
Training & Workshops, Auditing, Tax & Accountancy
Audit, Tax & Accountancy, Banking, Clearing Houses, Outsourcing, Consumer Credit, Energy Market Participants, Gaming, Investor Relations, Life Assurance, Mortgage & Home Finance, Pensions, Securities & Investment, Wealth Management

This course can be delivered onsite or as an instructor lead course at a firm’s office. If you would like to discuss your training requirements in more detail please contact Graham Dix on 020 7484 3987 or your usual Cordium consultant.


Course Overview:

The FCA has described the Internal Audit function as “the function of assessing adherence to and the effectiveness of internal systems and controls, procedures and policies.”  To enable the function to meet this requirement requires it to be independent of the day to day business operations, have access to all the firm’s records and to be resourced by individuals who have a strong moral code of independence and objectivity.

This course is specifically designed to assist Senior Management to understand the role of their internal audit function and to assist them in attaining an internal audit function upon which they can rely.

The course includes examples of the areas covered by internal audit, the risk management approach to internal auditing, undertaking a review and what you should expect from the reports provided to you. 

Course Objectives:

  • To provide an understanding of the role of internal audit
  • Define operational areas covered by Internal Audit
  • The establishment of a risk based approach
  • How to deliver effective Internal Audit to the organisation

Key topics:

  • Defining Internal Audit
  • The role of internal audit
  • Areas within the organisation covered by internal audit
  • Audit Activity
  • The risk based approach to internal audit
  • Undertaking a review
  • The Internal Audit Report

Course aimed at: All staff

7 Points
Cordium - Education and Training
130 Jermyn Street, London, SW1Y 4UR, United Kingdom.

Tel: +44 (0) 20 7691 9722
Contact: Graham Dix. Manager Training Solutions