TRAINING SLIDES DOMAIN 4 - MANAGING THE INTERNAL AUDIT FUNCTION.pptx

Internal Audit presentation

1. GLOBAL INTERNAL AUDIT STANDARDS MASTERCLASS 2024 AGUMA MPAIRWE BA,MBA,CIA,CISA,FCCA. RUBAVU, RWANDA, JUNE 2024.

2. DOMAIN 4 - MANAGING THE INTERNAL AUDIT FUNCTION

3. DOMAIN 4 - MANAGING THE INTERNAL AUDIT FUNCTION

4. DOMAIN 4 - MANAGING THE INTERNAL AUDIT FUNCTION

5. PRINCIPLE 9 - PLAN STRATEGICALLY

6. PRINCIPLE 9 - PLAN STRATEGICALLY

7. STANDARD 9.1 UNDERSTANDING GOVERNANCE, RISK MANAGEMENT, AND CONTROL PROCESSES

8. STANDARD 9.1 UNDERSTANDING GOVERNANCE, RISK MANAGEMENT, & CONTROL PROCESSES

9. STANDARD 9.1 UNDERSTANDING GOVERNANCE, RISK MANAGEMENT, & CONTROL PROCESSES

10. STANDARD 9.1 UNDERSTANDING GOVERNANCE, RISK MANAGEMENT, & CONTROL PROCESSES

11. STANDARD 9.2 INTERNAL AUDIT STRATEGY

12. STANDARD 9.2 INTERNAL AUDIT STRATEGY

13. STANDARD 9.2 INTERNAL AUDIT STRATEGY The chief audit executive must review the internal audit strategy with the board and senior management periodically.

14. STANDARD 9.3 METHODOLOGIES

15. STANDARD 9.3 METHODOLOGIES

16. STANDARD 9.4 INTERNAL AUDIT PLAN “The chief audit executive must create an internal audit plan that supports the achievement of the organization’s objectives”.

17. STANDARD 9.4 INTERNAL AUDIT PLAN

18. STANDARD 9.4 INTERNAL AUDIT PLAN

19. STANDARD 9.4 INTERNAL AUDIT PLAN

20. STANDARD 9.4 INTERNAL AUDIT PLAN

21. STANDARD 9.5 COORDINATION AND RELIANCE

22. STANDARD 9.5 COORDINATION AND RELIANCE

23. PRINCIPLE 10 MANAGE RESOURCES “The chief audit executive manages resources to implement the internal audit function’s strategy and achieve its plan and mandate”.

24. PRINCIPLE 10 MANAGE RESOURCES

25. STANDARD 10.1 FINANCIAL RESOURCE MANAGEMENT

26. STANDARD 10.1 FINANCIAL RESOURCE MANAGEMENT

27. STANDARD 10.2 HUMAN RESOURCES MANAGEMENT

28. STANDARD 10.2 HUMAN RESOURCES MANAGEMENT

29. STANDARD 10.2 HUMAN RESOURCES MANAGEMENT

30. STANDARD 10.2 HUMAN RESOURCES MANAGEMENT

31. STANDARD 10.3 TECHNOLOGICAL RESOURCES

32. STANDARD 10.3 TECHNOLOGICAL RESOURCES

33. PRINCIPLE 11 - COMMUNICATE EFFECTIVELY “The chief audit executive guides the internal audit function to communicate effectively with its stakeholders”.

34. PRINCIPLE 11 - COMMUNICATE EFFECTIVELY

35. STANDARD 11.1 BUILDING RELATIONSHIPS & COMMUNICATING WITH STAKEHOLDERS

36. STANDARD 11.1 BUILDING RELATIONSHIPS & COMMUNICATING WITH STAKEHOLDERS

37. STANDARD 11.2 EFFECTIVE COMMUNICATION

38. STANDARD 11.3 COMMUNICATING RESULTS

39. STANDARD 11.3 COMMUNICATING RESULTS

40. STANDARD 11.4 ERRORS AND OMISSIONS

41. STANDARD 11.5 COMMUNICATING THE ACCEPTANCE OF RISKS

42. PRINCIPLE 12 - ENHANCE QUALITY “The chief audit executive is responsible for the internal audit function’s conformance with the Global Internal Audit Standards and continuous performance improvement”.

43. PRINCIPLE 12 - ENHANCE QUALITY

44. PRINCIPLE 12 - ENHANCE QUALITY

45. STANDARD 12.1 INTERNAL QUALITY ASSESSMENT

46. STANDARD 12.1 INTERNAL QUALITY ASSESSMENT

47. STANDARD 12.1 INTERNAL QUALITY ASSESSMENT

48. STANDARD 12.1 INTERNAL QUALITY ASSESSMENT

49. STANDARD 12.2 PERFORMANCE MEASUREMENT

50. STANDARD 12.2 PERFORMANCE MEASUREMENT

51. STANDARD 12.3 OVERSEE AND IMPROVE ENGAGEMENT PERFORMANCE

52. STANDARD 12.3 OVERSEE AND IMPROVE ENGAGEMENT PERFORMANCE

53. . QUESTION TIME