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Auditing for Leadership Success
Learn the key concepts of auditing for business and leadership successPreview the first lesson free — get full access to all 5 lessons.
Advanced Provider : Silvina Asurmendi 5 Lessons · 17m in Arabic, German, English, Spanish, French, Portuguese, Chinese
Course Description
Internal auditing is an essential function in any organization. This applies to every size, but for the biggest and most complex companies it only becomes more vital.
Analyzing a company’s risk profile in relation to their business objectives, mission, and strategies is paramount in today’s business world. By establishing priorities, assessing risks, and working in partnership with company leaders, auditors can create immeasurable value for the organization. With the execution of an auditing plan and testing, auditors can evaluate a company's control structure and level of control risks. This then provides reasonable assurance of especially critical business and operating controls.
In this Auditing for Leadership Success course, you’ll learn how executives can implement strong auditing strategies, risk management strategies, and internal fraud prevention strategies. We’ll also discuss the objectives of internal auditing, along with the interrelation between risks and controls, as well as your role as a leader to ensure company longevity.
What You'll Learn
- Understand the objectives of internal auditing
- Recognize auditing strategies and priorities
- Assess internal controls and control risks
- Evaluate fraud, intellectual property, and legal risks
- Understand a company's control environment
- Implement risk management and internal fraud prevention strategies
Key Takeaways
- Internal auditing is an essential function in organizations of every size, becoming more vital for the largest and most complex companies.
- Analyzing a company's risk profile in relation to its business objectives, mission, and strategies is paramount in today's business world.
- By establishing priorities, assessing risks, and partnering with company leaders, auditors can create value for the organization.
- Executing an auditing plan and testing lets auditors evaluate a company's control structure and level of control risks, providing reasonable assurance of critical business and operating controls.
- The course covers the interrelation between risks and controls and the leader's role in ensuring company longevity.
Frequently Asked Questions
Who is this course for?
It is aimed at executives and leaders who want to implement strong auditing, risk management, and internal fraud prevention strategies to ensure company longevity.
What does this course cover?
It covers the objectives of internal auditing, auditing strategies and priorities, internal controls risk assessment, fraud, intellectual property, and legal risk assessment, and the interrelation between risks and controls.
What skills will I gain?
You will develop skills in audit management, auditing, internal audit best practices, internal auditing, management auditing, and risk-based internal auditing.
What topics are included in the lessons?
The lessons include an Introduction, Auditing Strategies and Priorities, Internal Controls Risk Assessment, Fraud, Intellectual Property, and Legal Risk Assessment, and a Test Your Knowledge section.
