Internal audit compact

What is internal auditing?

• Objectives, areas of responsibility, audit types, rights and challenges.

Legal and professional framework conditions

• Overview of key legal sources.
• The organization of the profession.
• Requirements profile and certifications.

Structure and organizational classification within the company

• Internal audit as a component of the internal control system.
• Internal audit vs. risk management.
• Organizational independence of Internal Audit.
• Outsourcing of auditing services.

Auditing guidelines and the auditing manual

• Essential contents and their significance in auditing practice.

Risk-oriented audit planning

• The audit map (the Audit Universe) as a basis for planning, criteria for risk assessment, multi-year planning and annual audit planning, planning of staff deployment.

Practice-oriented examination implementation

• Target-oriented execution of an audit: from kick-off to audit report, audit techniques and tools, structure of working papers, selected audit focal points from practice.

Target-oriented communication of audit results

• Communication as a success factor for auditing work.
• Principles for the structure and format of an audit report.
• Evaluation of audit findings.

Tracking of measures

• Importance of tracking measures, implementation of the "follow-up" process in practice, follow-up audits.