COURSE OBJECTIVES: This course aims to clarify what corporate governance should be and how the internal auditor might approach and plan its audit.
BACKGROUND: Corporate governance has been an important issue for both public and private sector organisations, for quite some time now. Changes and improvements to various schemes have been frequent, leading to the need for adequate assurance that best practice is fulfilled. Hitherto, most effort has been applied to the setting up of corporate governance regimes but little attention seems to have been directed to the audit of them. This course seeks to position the internal audit function as it relates to corporate governance.
COURSE CONTENT
- Essential elements of corporate governance
- Major parties involved with corporate governance and their role
- Different corporate governance regimes
- The elements of internal control
- COSO based auditing
- Using the CoCo model to drive the audit
- The ‘principles of good governance’ wheel
- Assessing risk management
- Formulating the terms of reference
- Creating work schedules and checklists
- Handling the sensitive reporting process
WHO SHOULD ATTEND
Internal auditors at all levels, as well as external auditors who need to gain a better understanding of auditing corporate governance.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more