IPPF Master Class

Trainings

International Professional Practices Framework (IPPF)

theme-13

Course Overview

  • Audit
  • 5 Days
  • EGP 4000
  • Beginner

This course will give participants a summary overview of the role and intersections of internal audit for organizations in today’s rapidly evolving business environment.

The International Professional Practices Framework (IPPF) is the conceptual framework that organizes authoritative guidance promulgated by The IIA. A trustworthy, global, guidance-setting body, The IIA provides internal audit professionals worldwide with authoritative guidance organized in the IPPF as mandatory guidance and recommended guidance.

IPPF Master Class

KEY TAKEAWAYS

Analyze core elements of the Three Lines of Defense (3LoD), as well as the various intersections between Governance, Risk, Compliance (GRC).
Learn how to design, develop, and build a leading and effective governance, risk & compliance (GRC) framework, with appropriate policies, procedures, and resources in place.
How to explain the benefits of an integrated GRC framework to management and the board of directors.
Build skills to demonstrate core GRC leadership and enable business growth.
Implement effective, efficient and strategic GRC processes.
Ability to identify and respond to opportunities more quickly.
International Professional Practices Framework

TRAINING METHODOLGY

Professional facilitators carry out our training with well-developed group and classroom management skills in a noncritical environment, which encourages individuals to practice skills that are being taught. We do not sit individuals down and talk through a stack of PowerPoint slides; we engage them and discuss core ideas and concepts to bring their ideas and energy out, cementing the regulatory and commercial principles we are promoting in their mind. We do not focus on an unattainable set of KPIs, but rather achievable principles that can be readily utilized, adapted, and developed in an everyday working environment.

Discussion points and simulations, aligned with a structured training plan and real-life scenarios, allow individuals to develop the skills necessary for success. Handbooks will be used, but individuals are encouraged to make use of the sessions to take their own notes, practicing the vital audio, visual and kinesthetic skills which are vital in their role, learning how to process and store information which the will later be required to recall.

WHO SHOULD ATTEND?
Chief Audit Executives and Chief Internal Auditors.
Internal Audit Directors and Heads of Internal Audit.
Internal Audit Managers and Senior Managers.
Internal Audit Assistant Managers and Section Heads.
Internal Audit Supervisors and Team Leaders.
Senior Internal Auditors and Lead Auditors.
Junior and Associate Internal Auditors.
International Professional Practices Framework (IPPF)

COURSE CONTENT

- Definition of Internal Auditing.
- Mission of Internal Audit.
- Core Principles for the Professional
- Practice of Internal Auditing.
- Principles that are relevant to the profession and practice of internal auditing.
- Rules of Conduct that describe behavior norms expected of internal auditors.
- Purpose, Authority and Responsibility.
- Recognizing Mandatory Guidance in the Internal Audit Charter.
- Organizational Independence.
- Individual Objectivity.
- Impairment to Independence or Objectivity.
- Interaction with the Board of Directors.
- Chief Audit Executive Roles Beyond Internal Auditing.
- Proficiency.
- Due Professional Care.
- Continuing Professional Development.
- Requirements of the Quality Assurance and Improvement Program.
- Internal and External Assessments.
- Reporting on the Quality Assurance and Improvement Program.
- Planning, Communication and Approval.
- Resource Management.
- Policies and Procedures.
- Coordination and Reliance.
- Reporting to Management and the Board.
- Organizational Responsibility for Internal Audit.
- Governance.
- Risk Management.
- Control.
- Engagement Planning.
- Engagement Objectives.
- Engagement Scope.
- Engagement Resource Allocation.
- Engagement Work Program.
- Identifying, Analysis and Evaluation and Documenting Information.
- Engagement Supervision.
- Communicating and Disseminating Results.
- Internal Audit Follow-up Policy
- Internal Audit Follow-up Process.
- Internal Audit Follow-up Procedures.
- Internal Audit Overall Opinions.
- Communicating the Acceptance of Risks.
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