Assurance mapping and coordination
Who should attend?
Heads of internal audit, internal audit managers and anyone whose involved in assurance processes.
What will I learn?
Upon completion you will be able to:
- reflect on the update in the IIA standards Coordination and Reliance 2050
- understand the foundations of an effective assurance map and effective assurance coordination, and what we mean by “reasonable assurance”
- recognise the key pitfalls that can arise and how to avoid them
- learn how to prioritise your current efforts and the importance of realistic scoping and being clear about the benefits that any assurance efforts will deliver
- understand the implications of a risk assurance approach for audit planning and audit assignments and integrate assurance into other processes such as risk.
Course programme
Definitions and benefits:
- Chartered IIA and other definitions of assurance maps, assurance coordination and assurance frameworks.
How to start and pitfalls to avoid:
- a framework for progressing with assurance maps
- the common pitfalls - not understanding how much “reasonable assurance” is needed, and underestimating the importance of being clear about roles and accountabilities.
Practical application of assurance mapping techniques:
- case studies – financial controls, compliance, projects, streamlined board reporting.
Coordinated ways of working:
- frameworks for improving the coordination between audit and assurance providers
- measuring the assurances from others.
- Implications for audit planning and assignment delivery
- implications of an assurance approach for audit planning and assignments
- review of progress/plans in your organisation and insights on key areas to prioritise, keeping efforts realistic.
CPE competency areas covered
- Professionalism
- Performance (Organisational governance | Risk management | Internal control
- Leadership and communication (Audit plan and coordinating efforts)
Date
15 november 2022
Time
09.00 to 17.00
Location
Online via Zoom
Price members / non members
€ 595,- / € 695,-
CPE
7
Target group
Chief Audit Executives and Internal Audit Managers
Comments about James Paterson from several of his courses
- Very informative – many thanks.
- James has lots of really interesting and useful examples.
- Really good overview and great tools, ideas and examples to take away. I really enjoyed it and want to learn more.
- James was fantastic. I would certainly recommend courses by him to other colleagues.
- James has a very engaging delivery method.
- James has a very good delivery style and keeps you engaged on the topic being presented. He is also very good at relating to individuals and getting points of understanding.
- Good pace and discussion.
- The delivery was really excellent.