Training on: Audit Training
Venue: Bangkok, Thailand
Commencement: February 06,2014
End: February 11,2014
Duration: 6 Days
Clients: AISA, New Kabul Bank, ANCC
Main Training Topics:
Session One:
External Audit
- Definition and Objectives
- Responsibilities of External Audit
- Scope of the Audit
- Auditor’s Report Basic Elements
- Special Features in Public Sector
- Exercise
- Review Questions
Session Two:
Internal Audit:
- Definitions of Internal Audit
- Evolution of Internal Auditing
- IIA Standards and Practice Advisory Context
- Statement of Responsibilities
- Code of Ethics Standards
- Control Self-Assessment
- Internal Audit as a Core Function
- Independence
- Review Questions
Session Three:
Internal Control Systems
- Internal Control Frameworks
- Definitions
- The COSO and COCO Models
- Preventive, Detective and Corrective Controls
- Access and Reporting on Control
- Review Questions
Relationship Between Internal Audit, Management and Governance
- Outsourcing of Internal Auditing
- Corporate Governance
- Internal Control
- Non-executive Directors
- Audit Committee
- Corporate Governance in the EU
Session Four:
European Union Requirements on Financial Control
- Acquis and Financial Control
- European Models of Internal Financial Control
- Requirements of Candidate Countries
- Development on PIFC
- OLAF Requirements
- Effective Internal Audit Function
Risk Assessment:
- COSO Philosophy
- Planning for Risk Assessment
- Categories of Objectives
- Risk Assessment
- Audit Risk
- Detection Risk
- Examples
- The Auditor’s Role
- Review Questions
- Case Study on Risk
Session Five:
Audit Stages:
- Audit Stages
- Preliminary Survey
- Audit Programs
- Benefits of Audit Programs
- Pro Forma Programs
- Criteria for Audit Programs
- Field Work
- Audit Objectives
- Process of Field Work
- Work Papers
- Audit Evidence
Audit Concepts and Techniques
- Audit Tests
- Audit Concepts
- Auditing Techniques
- Evaluating the Internal Control Systems
- Example Control Objectives
- Techniques for Evaluating Systems
- Analytical Review
- Sampling
- Questions to Session
- Handout 1 to Session
- Handout 2 to Session
- Case Study to Session
Session Six:
Internal Audit Report
- Purpose and Function of Audit Reports
- External Audit Reports
- Internal Audit Reports
- Standards for Audit Reporting
- Audit Findings and Recommendations
- Review Questions to Session
- Examples of Internal Audit Report
Session Seven:
Performance Audit
- Definition
- Value for Money Concept
- Economy, Efficiency and Effectiveness
- Performance Audit Considerations
- National Performance Audit Project
- The Focus of Performance Audit Work
- Combined Approach to Performance Audit
- Exercise 1 to Session
- Exercise 2 to Session
- Exercise 3 to Session
- Performance Audit Case Study
System Based Audit (SBA)
- Definition of SBA
- Use and Stages of SBA
- The Two Types of Audit Approaches
- Accounting Assertions
- Specific Issues
- Advantages and Disadvantages of SBA
- Conducting a Systems Review
- Exercise to Session
Session 8:
Audit Management
- Audit Managerial Activities
- Use of Specialists and Outsourcing
- Staff Development
- Performance Monitoring
- Audit Planning
- Quality Assurance Program
- Questions to Session
- Examples of Analyzing and Forecasting in Audit Management
- Handout 1 to Session
- Handout 2 to Session
Information Systems Control and Auditing
- Introduction
- Historical Perspective and Milestones
- Control Concepts
- The Control Framework Based on COSO
- The Control Framework Based on COBIT
- IT Governance
- COBIT’s Golden Rule
- COBIT IT Processes
- Internal Control in a Computer Environment
- Classification of IT Controls According to their Role
- The Role of Internal/External IS Audit in evaluating controls
- Computer Assisted Audit Techniques
- Continuous Audit Approach
- Questions to Session
- Contributing Points:
- On Time Start and On Time Leaving of the Class
- Highly participatory methods applied
- Kind and active facilitators
- Cost-effective opportunity
- Full day classes covered
- Time fully utilized
- Specific tools were given to participants to help them out strengthen their audit capacity
- Modern and equipped training hall
- Our Offers to our Participating Clients Before, During and After Training:
- Easy visa getting
- Choosing best and comfortable route of travel from Kabul to Bangkok and vice versa though it was expensive for Rokyan Management Consultancy (RMC)
- Promised Days: 6 but RMC offered services for seven
- Promised Nights: 5 but RMC paid for 6 nights
- Estimated budget for twin bed room but offered single rooms with slight contribution from participants
- Flexible and easily understanding team of facilitators
- Complimentary Dinners and Lunches
- Pick and Drop Facilities
- Gifts
- SIM Cards to contact their Dear ones in their beloved country
- Metro Cards and their recharge in order to have comfortable, speedy transportation during off training time
- Visits to lovely and additive places of Bangkok such as
o MBK
o Temples
o Zoo
o Muslim Hotels and Buffet
