Internal Audit-The Contemporary Approach, and the Internal Audit for Effective Assurance Mastercourses: Professor Andrew Chambers Runs Management Audit LLP, Which Specialises in Advising on Audit and Corporate Governance

Financial Management (UK), June 2012 | Go to article overview

Internal Audit-The Contemporary Approach, and the Internal Audit for Effective Assurance Mastercourses: Professor Andrew Chambers Runs Management Audit LLP, Which Specialises in Advising on Audit and Corporate Governance


The internal audit course is based on two, day-long sessions--one on the contemporary approach and the other on effective assurance. Although both days have been designed separately and can be attended on their own, together they provide a more comprehensive coverage. There are also two related corporate governance courses, set over two half-days, the first being with a corporate governance overview and the second covering corporate governance issues.

Internal audit--the contemporary approach, is aimed at anyone who needs a speedy induction or update on internal auditing. It is suitable for experienced internal auditors, as well as those who have been newly assigned to Internal audit positions.

Delegates are expected to take away from the course:

* an understanding of what current internal auditing standards require and why

* a grasp of effective internal audit planning and execution

* a guide to reporting internal audit results and follow-up

* an appreciation of the importance and approach to internal audit independence and objectivity

* how to achieve Internal audit quality assurance.

The course provides an understanding of internal auditing standards, referencing IIA Standards and the generally accepted definition of internal auditing that can be found at the start of the IIA's Code of Ethics: "Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes."

[ILLUSTRATION OMITTED]

Among the other areas covered are Internal audit and the global financial crisis, internal audit assurance and consulting roles, and the implications of internal audit independence and objectivity. It also addresses proficiency and due professional care, managing the internal audit activity and risk-based audit planning. Planning and performing internal audit engagements, internal audit quality assurance and improvement programmes, communicating results and monitoring progress are also explained. Lastly, resolving senior management's acceptance of risks and internal audit opinions will be considered.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Internal Audit-The Contemporary Approach, and the Internal Audit for Effective Assurance Mastercourses: Professor Andrew Chambers Runs Management Audit LLP, Which Specialises in Advising on Audit and Corporate Governance
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.