Focus & Features

An Internal Audit Rating System facilitates conveying to the Board a systematic, objective, consistent and concise assessment of the net risk posed by the area or function audited. It aims to provide the Board and Management a broader and meaningful assessment of the internal control system. This can also be used as an indicator of probable critical problems that Management should be focusing on.


In this seminar, participants will be able to systematically and consistently demonstrate how to objectively assess controls across business process and organization. They will be able to link the rating assessment to the evaluation of the business unit's control process.


What You Will Learn

Introduction

  • Applicable Audit Standards
  • BSP Regulation
  • Internal Audit Process


Importance of Audit Rating System

  • Internal Audit Opinion (Macro and Micro)
  • Objective of Audit Rating System
  • COSO Control Framework


The Audit Rating System Methodology

  • Materiality
  • Impact
  • Establishment of Criteria


Types of Audit Rating

  • Use of Grades – Quantitative Rating
  • Use of Adjectives – Qualitative Rating


Communicating the Audit Rating

  • Writing the Overall Assessment


Who Should Attend



地点

Institute of Internal Auditors Philippines, Inc.
139 Corporate Center, Valero Street,
Makati City, 菲律宾

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联系我们

请发送邮件至 training@iia-p.org 获取活动或场地更多信息,您也可以拨打电话+63 9409551联系我们。