Houston IIA October 2018 Seminar - "Internal Audit 101: Basics and Principles"
October 22-23, 2018

October 22, 2018
Registration: 7:30 am - 8:00 am
Seminar: 8:00 am - 12:00 pm
Lunch: 12:00 pm - 1:00 pm
Seminar: 1:00 pm - 5:00 pm

October 23, 2018
Registration: 7:30 am - 8:00 am
Seminar: 8:00 am - 12:00 pm
Lunch: 12:00 pm - 1:00 pm
Seminar: 1:00 pm - 5:00 pm

Petroleum Club of Houston
1201 Louisiana 35th Floor
Houston, TX, 77002

Topic: Internal Audit 101: Basics and Principles

Course Agenda:

• Introduction and Background
• Definition of Internal Auditing
• What do Internal Auditors do?
• History of Internal Auditing
• Beginnings
• Traditional vs. Modern Internal Auditing
• Overview of Internal Audit Guidance
• Institute of Internal Auditors/International Professional Practices Framework
• Code of Ethics
• Standards
• Practice Advisories
• Internal Audit Planning
• IIA Requirements
• Planning
• Audit Risk Assessment
• Internal Audit Process
• Preliminary Work
• Development of Audit Workprogram
• Conducting Fieldwork
• Documenting Results and Observations
• Sampling Methodologies and Overview of Application
• Internal Audit Wrap-Up
• Audit Reporting
• Effective Exit Conferences
• Audit Follow-Up Basics
• Flowcharting
• Interview Techniques
• Future Steps and Hurdles
• Discussion of future trends and techniques
  

Experience level: Basic

Prerequisites: None

CPE Credit(s): 16 hours