What can we do and how can we make our Internal Audit department better? How does Internal Audit add value? What measurables should we use? What are the key factors to get right? This class will show you how to transform Internal Audit into a profit center. Renowned organizations rotate future leaders through Internal Audit for a reason.
DESIGNED FOR
Financial leaders, financial managers, CEOs, CFOs, Controllers, accountants, Board members, advisors, and consultants. CPAs in public practice and CPAs in industry. Business owners, entrepreneurs and professionals who are interested in realizing more value from the Internal Audit department.
BENEFITS
After attending this presentation, you will be able to...
- Recognize the value that an effective Internal Audit function can deliver.
- Measure the impact of Internal Audit.
- Make the business case for Internal Audit to management.
HIGHLIGHTS
The major topics that will be covered in this course include:
- The six factors required for Internal Audit to deliver value.
- The most important factor.
- Implementing Internal Audit guidelines.
- How to measure value and progress.
- What distinguishes a good department from a great department.
- Key skills for excellent Internal Auditors.
- The proper mindset and goals.
- Getting and keeping the right staff.
- How to cost-justify Internal Audit.
- Making the business case.
- Effectively communicating with the Board and other leaders.
COURSE LEVEL
Intermediate
PREREQUISITES
None, preferably at least six (6) months of professional financial statement analysis. Prior audit experience, internal audit experience or knowledge of financial accounting principles and practices would be helpful.
ADVANCE PREPARATION
None
ADDITIONAL NOTES
This webinar is hosted by NJCPA's partner, CPA Crossings, LLC. After registering, you will receive an email from messenger@webex.com with the log-in information. If you do not receive this email you can contact CPA Crossings, LLC at (877) 370-2220.