Consultancy Skills for Auditors
£5250.00
Why this Training Course?
Al-Majd Pathways Centre (APC) recognises the pivotal role of consulting skills in empowering auditors to enhance the value of internal audits. Participants will gain valuable insights into how to integrate internal audit knowledge, including risk management, controls, and governance processes, to contribute to overall internal audit opinions.
This interactive Consultancy Skills for Auditors course brings together assurance and consulting skills, equipping you to master essential consulting competencies. You'll learn to tailor consulting outcomes to enhance your audit environment and contribute to your organization's operational excellence.
Key skills will be honed through group exercises, real-world case studies, and practical activities tailored to your organizational context.
Course Highlights
Exploring critical issues faced by auditors and organizations as they support management.
Developing the skills required to strike a balance between being an internal auditor and a consultant.
Incorporating best practices for internal audit's consultancy role.
Advancing knowledge and skills to deliver tangible benefits to your organization.
Educational Objectives
Upon successful completion of this training course, you will be able to:
Grasp the responsibilities and services of a consultant, demonstrating the value they bring.
Acquire skills to provide both consultancy and assurance services, leveraging core competencies in auditing and consulting.
Enhance expertise in internal auditing, risk management, governance, and compliance within the GRC (Governance, Risk Management, and Compliance) model.
Develop a gap analysis to identify areas where your skills are strong and where improvements may be needed.
Utilize tools and techniques commonly employed by consultants in these domains.
Identify and practice facilitation skills and address pertinent issues within your unique work environment.
Who Should Attend?
This training course is open to all professionals and will prove exceptionally beneficial for the following individuals:
Auditors and Audit Managers
Accounting Executives and Managers
Financial Reporting Managers
Financial Executives, Managers, and Controllers
Budgeting Officers, Executives, and Managers
Business and Investment Analysts and Managers
Regulatory Compliance Officers
Commercial Analysts, Executives, and Managers
Training Approach
This course employs a diverse range of adult learning techniques to ensure maximum comprehension and retention of the material presented. It includes case studies, group discussions, collaborative exercises, video-based instruction, and pre- and post-course assessments to enhance learning outcomes and measure training effectiveness. The instructor fosters learning by encouraging participants to critically evaluate theories and concepts throughout the course.
Course Content
Day One: The Traditional Role of the Internal Auditor
Defining Internal Auditing
Core Concepts of Internal Audit
Internal Audit Department Roles and Procedures
Upholding Independence and Objectivity
Audit Preparation and Effective Planning
Essential Auditor Skills
Day Two: The Consulting Activities of Internal Auditing
Key Consulting Activities within Organizations
The Integral Role of Consulting in Internal Audit
Linking Audit Committee Requirements to Consulting Services
Strengthening Organizational Governance
Creating a Robust Compliance Framework
Enhancing Risk Management Practices
Day Three: The Consulting Engagement and Skills
Phases of a Consultancy Engagement
Assessing Consulting Skills
Idea Generation and Solution Presentation
Effective Report Writing and Communication of Results
The Significance of Communication and Interpersonal Skills
Demonstrating Professional Competency
Day Four: Consulting Tools and Techniques in Organizations
Identifying Common Consulting Tools and Techniques
The Art of Listening and Crafting Consultancy Reports
Client Satisfaction Development and Management
Process Benchmarking and Gap Analysis
Navigating Political Challenges and Conflict Resolution
Setting Policies for Managing Conflicts of Interest
Day Five: Achieving Effective Consultancy within Organizations
Strengthening Problem-Solving Skills
Implementing Ongoing Assurance Measures
Organizing Fraud Awareness Workshops
Reinforcing Ethics and Code of Conduct Programs
Assessing Business Development Opportunities
Capitalising on Hidden Opportunities
Language(s): English
Duration: One Week
Certificate of Completion: Upon successful completion of the course, participants will receive a Certificate of Completion from Al-Majd Pathways Centre (APC).