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COSO Based Internal Auditing, IPPF, and Code of Ethics

EVENT: COSO Based Internal Auditing, IPPF, and Code

DATE: January 26-28, 2022

VENUE: Hilton Hotel, Nairobi

The Committee of Sponsoring Organization (COSO) Internal Control-Integrated Framework of 2013 and Enterprise Risk Management – Integrated Framework of 2017, offer guidance to ensure effective controls and proficient risk management. These frameworks can add value to strategic business planning, governance, and execution, monitoring, and adapting processes for any organization. This workshop is an opportunity for internal auditors to develop their understanding of the COSO frameworks needed to carry out their roles and responsibilities and leverage the COSO frameworks in their audit process through various activities. The International Professional Practices Framework (IPPF) requires internal audit activities to “evaluate and contribute to the improvement of governance, risk management, and control processes.” The workshop will explore ideas for value-added services that enhance organizational performance and governance for sustainable success and for conforming to the Internal Auditing Standards.

The workshop objectives include:

  • To compare and contrast the COSO Internal Control and ERM frameworks.
  • To develop the level of knowledge of the COSO Internal Control Framework needed to carry out internal audit roles and responsibilities.
  • To develop the level of knowledge of the COSO ERM Framework needed to carry out internal audit roles and responsibilities.
  • To obtain clarity on the implications that the COSO frameworks present to the internal audit profession and individual internal audit activities.
  • To demonstrate the use of COSO principles and practices in overall and audit engagement planning.
  • To develop the skills needed to use COSO principles and practices to perform the work on audit engagements.
  • To develop the skills needed to use COSO principles and practices to communicate the results of audit engagements.

The workshop will cover the following topics:

  • The basics of COSO Frameworks
  • COSO Internal Control
  • COSO Enterprise Risk Management
  • The link between IPPF & COSO Framework
  • The link between Code of Ethics and COSO
  • COSO-Based Audit and Engagement Planning
  • Use of COSO to Perform Audit Work
  • Use of COSO to Communicate Results

The workshop will be held from January 26-28, 2022 at the Hilton Hotel, Nairobi. Charges are KES 40,000 and KES 45,000 exclusive of VAT for Members and Non-Members respectively. Members in attendance will earn 20 CPD points

NATIONAL INDUSTRIAL TRAINING AUTHORITY ACCREDITATION:

The Institute of Internal Auditors Kenya is an accredited training provider with the National Industrial Training Authority (NITA). The NITA registration number is DIT/TRN/558(25b). Participants who are registered levy contributors can apply to NITA for reimbursement of their fees. This applies to Kenyan citizens and is subject to NITA regulations. Visit (https://www.nita.go.ke/ ) for more information.

 

BOOKINGS

To book this event, please call us on +254721615863/780615863, Email: This email address is being protected from spambots. You need JavaScript enabled to view it. and copy This email address is being protected from spambots. You need JavaScript enabled to view it..

 

 

Event Properties

Event Date 26-01-2022
Event End Date 28-01-2022
Individual Price Members Ksh 40,000, Non-Members Ksh 45,000
Location Nairobi
Registration for this event is closed

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