Global Benchmarks: International Auditing Standards Training Course
1Summary
A local audit report can satisfy a local manager, but the moment a company deals with foreign investors, banks, or regulators, it needs its financial oversight to speak a language everyone recognizes: international audit standards. Without that common reference, even solid internal work can be dismissed simply because it was not measured against a recognized benchmark.
This course from the Arab British Fellowship Training Academy introduces the internal oversight function as it exists in modern, large organizations, and walks participants through the unified international standards experts now use to evaluate audit quality, detect fraud, and confirm the validity of a company's financial and administrative performance.
2Objectives and target group
Who Should Attend?
- Managers and owners of public and private companies.
- Managers of administrative and internal audit offices.
- Employees in administrative and financial auditing.
- Academics wishing to learn international standards in administrative audit.
Course Objectives:
By the end of this program, participants will be able to:
- Identify recent trends in detecting fraud and forgery in financial transactions.
- Explain the role of audit offices in ensuring quality of financial and administrative performance.
- Monitor and follow up financial data and accounts issued by different departments.
- Apply international standards to improve elements and data across company divisions.
3Course Content
Module 1: Evaluating Administrative Systems
- Examining and evaluating the effectiveness and efficiency of administrative systems.
- The role of internal audit and management review offices in improving administrative work.
Module 2: The Two Major Standard Frameworks
- The American curriculum on internal auditing standards.
- The British curriculum on administrative review standards.
Module 3: Applying International Standards in Practice
- Evaluating administrative practices against international review standards.
- Advanced methodologies and unified standards in auditing and review.
Module 4: Departmental Oversight
- Standards for monitoring departments and confirming the validity of their work.
- Recent trends in financial audit and review work standards.