High Impact Internal Audit Leadership

Course Content

• Internal Audit Leadership Effective leadership The importance of steady management Qualities of an effective internal audit leader A reminder of leadership and management theory The inspirational internal audit leader Large vs small internal audit teams The mission statement and definition of internal auditing Relevant attribute and performance standards Challenges all internal audit leaders face Resolving common challenges Effective Internal Audit Planning Determining risk maturity Designing the risk-based assurance universe Developing an effective internal audit strategy How you develop your universe and strategy Coordination with other assurance providers Advantages and disadvantages of working with other assurance providers Determining the annual or six-monthly internal audit plan Delivering the plan and working in an agile way Discussion: Good practice planning Internal audit delivery today and building team capability for tomorrow Getting Maximum Impact from our Internal Audit Resources Securing the necessary internal audit resources Managing internal audit resources Dealing with the dispersed team Ensuring an effective internal audit engagement process Maximizing efficiency Managing co-sourcing and contractors In-house vs outsourced contractors Risk management in the internal audit function Risk identification and management for internal audit Stakeholder Relationship Management Perceptions of internal audit Stakeholder analysis Effective stakeholder relations Marketing internal audit Internal audit’s product mix Best practice stakeholder management Effective reporting and recommendations Conflict management, negotiation and persuasion Networking Conflict and solutions Insight, Added Value and Quality Assurance What is insight Delivering insight and impact Enhancing and protecting organizational value Adding value through assurance and consulting The power and perils of advisory work The quality assurance and improvement programme Internal assessments External assessments Elements of the improvement program