Internal Audit 301: Keys to being an Effective Audit Manager

Seminar Overview

As a follow-up to Audit 101 and 201, Audit 301: Becoming an Effective Audit Manager helps auditors becoming Management and active leaders for their audit teams. This training course gives Managers oversight on how to review a file, properly budget and forecast projects and actively manage and juggle numerous projects.
Auditors should not get promoted without taking this course.

Moving from staff auditor to audit manager calls for expanding the skills set. Not only do managers have to be efficient audit team members but also effective communicators, teachers, and active listeners. This enlightening seminar focuses on providing new managers with the tools they need to lead effectively in an internal auditing environment.

Learning Objectives
  • Attendees will learn how to identify audit risk and appropriate audit planning tools and techniques
  • Attendees will learn how to manage the audit process from planning to follow-up
  • Attendees will discover the best interpersonal and team building skills
  • Attendees will discuss audit communication and budgeting and forecasting techniques
  • Attendees will understand the audit report creation process and public speaking and presentation best practices
Who Should Attend
Financial, Operational, and Information Technology Auditors in the process of advancing to Senior.

I. Introduction and Background
     a. What are the Roles and Responsibilities of an Audit Manager
     b. The Evolution of Senior to Manager
II. The Risk Assessment Process
     a. Audit Manager Role
     b. Audit Preliminary Work
     c. Audit Preliminary Risk Assessment
III. Managing an Audit Engagement
     a. Appropriate Audit Planning
     b. Developing an Audit Workprogram
     c. Managing a Budget and Schedule
     d. Delineation of Duties
     e. Reviewing an Audit File
IV. Managing an Audit Team
     a. Personality Types/Styles
     b. Managing Minimal Age Differences
     c. Deadline Management
V. Internal Audit Wrap-Up
     a. Audit Reporting
     b. Effective Exit Conferences
     c. Audit Follow-Up
VI. Managing Up
     a. Managing Expectations
     b. To Commit or Not to Commit
     c. Communication
VII. Interpersonal Skills
VIII. Managing the Auditee
IX. Time Management
X. Public Speaking and Presentations
XI. Creating/Reviewing Audit Findings and Reports