Present

5th May - Chennai

today:auditinginternal

Beginning Auditor tools And teChniques

hours6 CPEw w w . a c h r o m i c p o i n t . c o m

about the SeminarTo become a successful auditor, a strong base of knowledge and an understanding of basic audit skills are essential. With this program, new auditors, as well as non-auditors with internal control responsibilities, can learn the ins-and-outs of an audit from beginning to end.

Through team exercises, group discussion, and facilitator presentations, attendees will gain a foundation of knowledge that will allow them to prepare properly for and conduct a successful audit, using preliminary surveys and evidence-gathering techniques. A basic understanding of how to identify risks and internal controls in auditing will also be stressed, along with interpersonal and team-building skills.

Program outlineInternatIonal ProfessIonal PractIces framework (IPPf) • ThenewIPPF–aneffectivewaytoInternalAuditing• Principles• Codeofethics• AttributeStandards• PerformanceStandards

BegInners tools & technIques• Internal auditing today • Discusssomeofthebestpracticeswithininternalaudittoday. • Identifycoreservicesandvalueaddedopportunitiesprovidedbyinternalaudit. • Identifytherolesofinternalauditors. • Listinternalaudit’scustomersandstakeholders. • Determinetheactivitiesthatoccurwithineachstageoftheauditmodel.

• risk assessment & risk management • Mitigateriskstohelpensuremanagementdirectivesarecarriedout. • Useimpactandlikelihoodfactorstoassessrisk. • Defineriskmanagementconceptsandterms. • Identifycontrolsformitigatingriskstostrategicobjectives. • EvaluatecontrolissuesusingtheCOSOFramework. • Identifystrengths,gaps,andconcernsofaninternalcontrolenvironment.

• audit Planning • Discusstheauditplanningprocess. • IdentifyIPPFguidancerelatedtotheplanningphaseofanaudit. • Assessthelikelihoodandimpactofhigh-levelinherentrisks. • Explainactivitiesinvolvedinplanningauditprojects. • Discussplanningtheauditapproach. • Assessrolesinannualauditplanningandauditprojectplanning. • Assesspreliminaryscopearea. • Discussobjectivesandbestpracticesforopeningconferences.

Certificate from iia india

Who should attend•InternalAuditProfessionals•RiskProfessionals

•ForensicProfessionals•JuniorandMiddleManagement

• Interviewing • Explainhowinterviewingisusedwithinanaudit. • Describetheuses,objectives,andexpectedoutcomesofinterviewsateach

stage in the audit model. • Discussbestpracticesforplanningandconductinginterviews. • Identifybestpracticesandopportunitiesforimprovementininterviewing. • Practicepreparingforandconductinganinterview. • Prepareaninterviewbasedonagivenscope-areaobjective.

• Process Documentation • Contrastabasicnarrativeandaflowchart. • Createanarrativeorflowchart. • Discusstheadvantagesofsomebestpracticesfornarrativesandflowcharts. • Identifyinconsistenciesinflowchartsandnarratives. • Describethreetypesofwalkthroughs.

• audit Program • Describethedevelopmentanduseofauditprograms. • Classifyinherentimpactsandlikelihoodsforvarioustypesofrisks. • Classifycontrolsaspreventiveordetective,andasautomatedormanual. • Identifycontrolpointsandpossiblecontrolgapsonflowcharts • Completeariskmatrix. • Determinewhichcontrolsarekeycontrols,andwhethertheyshouldbe

tested during an audit. • Assesstestingobjectives. • Discusstailoringauditprograms. • Assessrolesinthedevelopmentofauditprograms.

• automated tools

• testing • Describemethodologiesusedtogatherauditevidence. • Defineterminologyrelatedtosamplingandtesting. • Contrastvarioustypesofsamplingandtestingapproaches. • Assesstheappropriatenessofvaryingsamplingandtestingapproachesfor

theachievementofspecifictestingobjectives. • Describethecomponentsofanauditworkpaper. • Draftanauditworkpaper.

• reporting • Writeanauditreportusingthefivecomponents. • Recognizethecomponentsofanauditreport. • Determiningthereadersofauditreports. • Assessthequalityofanauditopinion.

• selling the results • Discussmethodologiesfor“selling”auditfindingstostakeholders. • Describefactorsthathelp“sell”auditfindingsandrecommendations. • Prepareforsellinganauditfinding. • Identifybestpracticesandopportunitiesforimprovementinexitconferences. • Describeactivitiesinvolvedinmonitoringanaudit.

• teamwork • Explainhowteamworkisessentialtoanauditproject. • Describethevalueofvariousteamworkrelatedfactors. • Examinehowyourowncapabilitiescontributetoateamauditproject.

SpeakersDeePak waDhawan – FCA, CPA, CIAChief Executive, The Institute of Internal Auditors India

Deepakhas30yrsofinternalauditandriskmanagementexperienceacrossindustriesandindifferentsetupsaslargeprofessionalfirmsincludingPwC,KPMG,inselfpractice& corporates.

Currentnon-professionalinvolvementin-reviewmemberofTheIIAResearchFoundationprojecttitled-MaturitylevelsforInternalAuditDepartmentsaroundtheworldscheduledforreleaseonMarch16,2016attheIIANorthAmericaGAMConference.

gIrIDhar JanarDana President, IIA Madras Chapter & Partner, BlueRidge Consulting Services

Giridhar holds a Bachelor’s degree in Business Management (BBM), is a qualifiedCharteredAccountant(CA)fromICAI India, isaCertifiedinformationSystemsAuditor(CISA),USandisaLeadAuditor(ISO27001),BSI,UK.

Giridhar iscurrentlyservingasPresidentof Instituteof InternalAuditors (IIA),MadrasChapter.IIAisaglobalassociationhaving190000membersin185countries.HeisalsocentralcouncilmemberofIIA,India.

Giridharhasover15yearsofexperience in thefieldofBusinessProcessConsulting,ERM,IA,Corporategovernance,SoX,OperationalAudits,Applicationreviews,RevenueAssurance, process reviews.

k VIDhyaDharanSenior Vice President, IIA India & Partner, Mountbatton& Co

SeniorCharteredAccountantwith35yearsofProfessionalExperienceandhasServedinveryLargeIndustriesfor12years.HeispracticingExperienceof23years.

Vidhyadharan isRankHolder inCA Intermediate.He isSpecialising in InternalAudit,FinancialMgt,DueDiligenceandisaGuestFacultyin6majorInstitutions.

HehaspresentedTechnicalpapers inNational& InternationalSeminars/ConferencesandhasObtainedBestPaperAwardfromICAI.

HeisSeniorVicePresidentofTheInstituteofInternalAuditorsIndia,Mumbai,affiliatedtoIIAInc,Florida,USA.

ar ParthasarathyPast President, IIA Madras ChapterPartner, RGN Price & Co

uma PrakashPast President, IIA Madras ChapterDirector, Capri Accounting & Professional Services Pvt Ltd

P k ranganathanVice President, IIA Madras ChapterVice President- Risk Management & Internal Audit, Ashok Leyland Ltd

RanganathanhasawardedFinancialLeadershipAward in2012by InstituteofPublicEnterprises, Hyderabad for his stellar role in Hinduja Foundries as CFO. Under hisleadership,ALhasachievedthe“BestFirmoftheyearAward”in2014-15forEnterpriseRiskManagementpracticesawardedbyCNBCTV18&ICICILombardIns.Co.

HehasachievedISO27001-2013VersionCertificationin2015forInformationSecurityfunction of AL – the first Automotive Company in India to achieve this distinction.CurrentlywithAshokLeyland, theAutomobileMajor in India,asHead(VicePresident)ofGovernance functionscomprisingof IA,RiskManagement& InformationSecurity.WorkingwithALsinceNov1985–30years’experience inalmostall functions in IA,Finance&Leadershippositions;alsohandledSecretarial&Legalfunctions.

cancellation and refund Policy

You must notify us by email at least 48 hours in advance if you wish to send a substitute participant. Delegates may not “share” a pass between multiple attendees without prior authorization. If you are unable to find a substitute, please notify Achromic Point Consulting (APC) in writing up to 10 days prior to the conference date and a credit voucher valid for 1 year will be issued to you for the full amount paid, redeemable against any other APC conference. No credits or refunds will be given for cancellations received after 10 days prior to the conference date. APC reserves the right to cancel any conference it deems necessary and will not be responsible for airfare‚ hotel or other costs incurred by registrants. No liability is assumed by APC for changes in program date‚ content‚ speakers‚ or venue.

terms & conditions:-

Achromic Point holds all the rights to circulate and distribute the information discussed, shared and presented at the seminar.

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Conferencefeesincludedocumentation,luncheonandrefreshments.DelegateswhoattendallsessionswillreceiveaCertificateofAttendance.

Pleaseregistermefor chennai – 5th may 2016

Internal auditing today:Beginning auditor tools and techniques

EarlyBirdFee:-Inr 11,995 10,500 + service taxIIAMembersFee:-Inr 9,500 + service tax

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