Consultancy Skills for Auditors

This training course is crafted to empower auditors in honing consulting skills that elevate the value of internal audits. Participants will acquire the expertise to engage in consultancy endeavors, leveraging internal audit knowledge on risk management, controls, and governance processes to enrich the overall audit opinion.

Through highly interactive sessions, this course integrates assurance and consulting skills, equipping attendees to master crucial consulting competencies and tailor consulting outcomes to enhance both audit environments and organizational operations.

Learning is facilitated through group exercises, case studies, and tailored activities relevant to participants' organizational contexts.

Key features of this training course include:

• Exploration of challenges faced by auditors and organizations in supporting management
• Acquisition of essential skills to balance the roles of internal auditor and consultant effectively
• Guidance on best practices in the consultancy role of internal audit
• Development of knowledge and skills to deliver tangible benefits for the organization

This training course will cover the important skills that will help you to become an effective consultant and will provide auditors with an understanding of the necessary consulting skills to enhance internal audit function.

At the end of this training course, you will be able to:

• Understand the consultant responsibilities & services and how to be creative and to demonstrate how it can add value.
• Discover skills to provide consultancy services as well as assurance services and learn how to use core skills to both an auditor and a consultant
• Enhance skills in internal auditing and risk management, governance and compliance (GRC Model)
• Learn how to develop a gap analysis in identifying where you already have a strong skills base and where you might need to strengthen them
• Use some of the tools and techniques commonly used by consultants in these areas
• Identify and practice facilitation skills and issues in your own environment

This training course is open to all and will be useful to a wide range of professionals but will greatly benefit the following individuals:

• Auditors / Auditing Managers
• Accounting Executives / Managers
• Financial Reporting Managers
• Financial Executives / Managers / Controllers
• Budgeting Officers / Executives / Managers
• Business / Investment Analysts & Managers
• Regulatory Compliance Officers
• Commercial Analysts, Executives & Managers

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.  The training methodology includes case studies, group discussion, group work and interactive exercises and videos, pre & post course assessments will also be given to enhance learning outcomes for participants and to measure the effectiveness of this training.  The instructor will also facilitate learning by encouraging the delegates to test and critically appraise any theories and concepts on the training course.

• The definition of internal auditing
• The Concept of internal audit
• The roles & procedures within the internal audit department
• Preserving independence and objectivity
• Audit preparation and planning to ensure an effective audit
• The skills of auditors

• The key consulting activities in an organization
• The role of consulting in internal auditing
• The link between audit committee requirements & consulting services
• Strengthening organizational governance
• Creating the compliance framework
• Developing and improving risk management

• The key phases of a consultancy engagement
• Assessment of the consulting skills
• Developing and presenting ideas and solutions
• Writing skills and effectively communicating results
• The importance of effective communication and interpersonal skills
• Demonstrating professional competency

• Identifying the tools and techniques of consulting
• Understanding the need to listen and writing reports for consulting
• Developing and managing the client satisfaction
• Process benchmarking and gap analysis
•  Managing the “politics issues” and how to deal with
•  Managing & setting polices of conflict of interest

• Enhancing the capabilities of problem-solving skills
• Implementing on going assurance
• Developing fraud awareness workshop
• Strengthening the ethics & code of conduct programme
• Assessment business development opportunities
• Taking advantages of hidden opportunities

Anderson Certificate of Completion will be provided to delegates who attend and complete the course