Internal auditing is an independent, objective assurance and consulting activity designed to add value to an organization’s operations. Therefore, its activities should be aligned with shareholders and stakeholders legitimate expectations in the changing landscape. Recent developments are that stewards, accounting officers, boards, and management should discharge their stewardship role in accordance with governance codes. The internal audit function has the independent and objective role to evaluate the relevant governance processes. Therefore, the internal audit functions should have the relevant knowledge, skills and experience to relate accordingly to remain relevant.
WHO SHOULD ATTEND?
Officials from both public, quasi, and private sector. These include:- members of parliamentarian oversight committees; senior and top management; members of audit committees and board members.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course, participants will be able to:
• Explain the relationship between stewards on one hand, and shareholders and stakeholders on the other;
• Describe composition, role and function of oversight institutions including boards;
• Identify core duties responsibilities of the chief executive officer, management, and internal audit;
• Explain appointing and reporting procedures according to best practices to deliver effective accountability.
• Internal and management controls;
• Policy issues and internal auditing;
• Policy issues on corporate fraud; and other irregularities;
• Governance, ethics and accountability.