Certificate in Auditing of Projects & Contracts

Course Overview

Modern internal audit functions have a key role in enabling organisations to deliver projects within cost targets to the required quality and on time. You will develop greater understanding of how the risk-based audit approach provides the opportunity to improve the organisation's delivery of projects. Through evaluation of why projects do not achieve the desired outcome and what can be done to avoid common mistakes in project delivery, this course practically demonstrates how internal auditors are able to employ a risk-based audit approach at every stage of the project to support success.

This auditing training course will also cover a range of key projects, common in the majority of organisations, to provide deeper understanding of how to approach auditing these projects in a practical and cost-effective way. In addition, there will be the opportunity to discuss existing project concerns in a safe and professional environment.

Benefits Of Attending

• Establish how to effectively identify, measure, evaluate, and control project risks

• Appreciate the benefits of proactive risk-based audit of key projects

• Understand how to audit major projects, including IT projects and joint ventures in a practical and cost-effective way

• Apply the concepts and practical application of a risk-based audit approach to deliver project success

Learning Objectives

• Understand the role of the internal audit function in project delivery: Gain a comprehensive understanding of how internal audit can contribute to projects by enabling organisations to deliver projects within cost targets, to the required quality, and on time.

• Learn about the risk-based audit approach to project delivery: Understand the principles and benefits of the risk-based audit approach and how it can be effectively applied at each stage of the project life cycle to support successful project outcomes.

• Identify common reasons for project failures: Evaluate and analyse the common factors and mistakes that lead to projects not achieving the desired outcomes. Understand how internal audit can help identify these issues and contribute to their prevention or mitigation.

This course is designed for those who have an interest in auditing contracts and projects. Although the course is focused at intermediate level, all delegates will gain maximum benefit from the course if they have a reasonable understanding of or experience in projects either from an audit involvement or project involvement.

CPE Credits: 24 CPEs (Auditing – 10, Finance - 2, Behavioural Ethics - 10, Specialized Knowledge - 10)

PDUs: 24 PDUs (Ways of Working - 10, Business Acumen - 6, Power Skills - 6)

Instructional Delivery Method: Group Live and Group Internet-Based

Course Prerequisite & Advanced Preparation: Reading material will be sent before the course

This audit certificate course is designed to be interactive and to give delegates opportunities to discuss their particular issues in an open atmosphere. The course includes exercises, discussions, and case studies to reinforce the messages

Delivered by Gary

Gary is a professional trainer, facilitator, and consultant in internal audit and enterprise risk management and a Chartered Member of the Institute of Internal Auditors UK and Ireland (CMIIA).

Certified by NASBA

Informa Connect Academy is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Run this course in-house

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