Developing, Monitoring & Improving the Internal Audit Function & COSO Internal Control Framework
Delivered by KE Leaders
Duration: 5 Days
Delivery Mode: Online and Face to Face
Programme Overview
In today’s complex governance and regulatory environment, organizations require a strong internal audit function to enhance operational performance, manage risks effectively, and ensure compliance with evolving standards.
The Developing, Improving & Monitoring the Internal Audit Function & COSO Internal Control Framework programme by KE Leaders provides a comprehensive and practical understanding of how internal audit functions can be developed, strengthened, and monitored using the globally recognized COSO Internal Control Framework.
Over five intensive training days, participants will gain practical tools, frameworks, and methodologies to design effective internal controls, improve audit performance, and align internal audit activities with organisational strategy and governance objectives.
This programme positions internal audit as a strategic partner that drives accountability, transparency, and continuous improvement.
Who Should Attend
Internal Audit Professionals
Risk Management Specialists
Compliance Officers
Finance & Accounting Managers
Senior Managers and Executives
Governance, Risk & Compliance (GRC) Professionals
Quality Assurance Teams
External Auditors
Board Members & Audit Committee Members
Business Process Owners
Learning Objectives
By the end of this 5-day programme, participants will be able to:
Understand the purpose and strategic value of internal audit
Apply the COSO Internal Control Framework effectively
Develop risk-based audit plans aligned with organizational objectives
Strengthen risk assessment and internal control systems
Monitor and evaluate audit effectiveness
Improve audit reporting and stakeholder communication
Enhance governance and compliance practices
Implement continuous improvement within audit functions
Competencies Developed
Participants will develop:
Internal audit governance expertise
Risk assessment and control evaluation skills
COSO framework application capability
Audit planning and execution proficiency
Data-driven auditing awareness
Professional reporting and communication skills
Critical thinking and analytical problem-solving
Stakeholder engagement capability
5-Day Programme Structure
Day 1 — Foundations of Internal Audit & COSO Framework
Role and evolution of internal audit
Governance, risk, and compliance integration
Introduction to COSO Internal Control Framework
Five COSO components explained
Internal audit’s contribution to organisational accountability
Day 2 — Building an Effective Internal Audit Function
Establishing internal audit structures
Roles, responsibilities, and independence
Risk-based auditing principles
Audit charter and governance alignment
Audit planning tools and methodologies
Day 3 — Risk Assessment & Audit Planning
Enterprise risk assessment techniques
Developing risk-based audit plans
Audit universe and prioritization
Resource allocation and audit scheduling
Practical audit planning workshop
Day 4 — Improving Internal Controls Using COSO
Evaluating internal control systems
Identifying control gaps and weaknesses
Designing effective control activities
Technology and automation in internal controls
Testing and evaluating control effectiveness
Day 5 — Monitoring, Reporting & Continuous Improvement
Monitoring audit performance and KPIs
Audit reporting best practices
Stakeholder communication strategies
Data analytics in internal auditing
Continuous improvement and future audit trends
Action planning and implementation roadmap
Training Methodology
KE Leaders delivers highly interactive executive learning through:
Real-world case studies
Practical audit simulations
Group discussions and exercises
Templates and implementation tools
Expert-led facilitation
Certification
Participants will receive a KE Leaders Certificate of Professional Completion upon successful completion of the 5-day programme.
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
