Managing the Internal Audit Function in Line with GIAS – Part 3 2 CPE

This course is the final part of the three-part series on Managing the Internal Audit Function. We examine concepts around resource management, communicating effectively, and enhancing quality. These courses move beyond the dictates of the GIAS and discuss methods to utilize to effectively manage the function.

The Global Internal Audit Standards (GIAS) articulate how an effective internal audit function should operate. The concepts are outlined primarily in Domain IV – Managing the Internal Audit Function. Domain IV provides the CAE a framework to establish the internal audit function.

The first segment of this session looked at Domain IV and the first two Standards within that domain. (Standard 9.1 and 9.2). Part two of this segment focused on Domain IV Standards 9.3 through 9.5, managing the internal audit methodology, internal audit plan and aspects of coordination and reliance. Part three (this segment) focuses on the final standards in Domain IV related to managing resources, communicating and quality.

Other courses of this series are: Managing the Internal Audit Function in Line with GIAS - Part 1 Managing the Internal Audit Function in Line with GIAS - Part 2

Prerequisites

No advanced preparation or prerequisites are required for this course.

Learning Objective

• Explore and evaluate internal audit resource management strategies.
  • Standard 10.2 HR Management
    • Evaluate External Service Providers
  • Standard 10.3 Technology resources
• Explore and examine IA communication processes.
  • Evaluate Principle 11 Communicate Effectively
  • Standard 11.2 Effective Communication
  • Standard 11.3 Communicating results
  • Standard 11.4 Errors and Omissions
  • Standard 11.4 Communicating Acceptance
• Identify and evaluate Principle 12 – Enhance Quality.
  • Standard 12.1 Internal Assessments
  • Standard 12.2 Performance Measurements
  • Standard 12.3 Oversee and Improve engagement results

Last updated/reviewed: October 2, 2024