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Embracing Change and Disruptions as opportunities for Innovation: Workshop on Auditing Governance, Strategy, Ethics and Risk Management

EVENT: EMBRACING CHANGE AND DISRUPTIONS AS OPPORTUNITIES FOR INNOVATION: WORKSHOP ON AUDITING GOVERNANCE, STRATEGY, ETHICS, AND RISK MANAGEMENT

DATE: JULY 26-29, 2022

VENUE: SAROVA WHITESANDS HOTEL, MOMBASA

Auditing governance is increasing of importance as stakeholders demand those charged with governance should be monitored and held to account for their decisions and actions. Historically, Governance, ethics, risk management, and other boardroom processes have been considered a "no-go" area for internal audits.

This is changing as objective, independent assurance on governance is now considered crucial. The IIA Standards are explicit in making these areas integral to the scope of Internal Audit. In addition, recent changes and workplace disruptions as occasioned by the COVID 19 pandemic have presented an opportunity for organizations to practice internal audit governance innovatively, establish and maintain a strong ethical culture. The Board's oversight role increasingly extends to organizations’ culture and ethics - and internal audit faces the challenge of providing assurance in these "hard to audit" areas.

The workshop is ideal for Internal auditors, Risk management professionals, those involved in governance at all levels, assurance providers, audit leads, and managers who need a greater understanding of Corporate Governance and how to review Governance maturity.
This workshop will cover the following:

  • Understanding Corporate Governance Basics, Legal, Regulatory and Standards Requirements.
  • Providing assurance on risks and controls to strategic objectives.
  • Establishing governance areas to audit - and how to do it.
  • Developing the business case for internal audit involvement.
  • Become a catalyst for improvement - without compromising independence.
  • Understanding the core components of corporate culture and Business Ethics in Governance.
  • Identifying the key sources of conduct and reputational risks for your organization.
  • Reviewing the core components of organizational governance.
  • Understanding the impact of organizational governance maturity on internal audit's role.
  • Reviewing the phases of the strategic planning and implementation process.
  • Auditing risk management: review Acceptable and unacceptable roles of internal audit.
  • Implications for independence and objectivity: Know where and when to draw the line.
  • Auditing the key components of the risk management process:
    • Risk leadership.
    • Risk identification, assessment, prioritization, and response.
    • Risk monitoring: linking Key Risk Indicators to strategy.
    • Enterprise Risk Management in Corporate Governance.
    • Transparency and Disclosure Requirements.
    • Monitoring and Reporting Requirements.
  • Providing assurance to satisfy the board.
  • Presenting findings to achieve "buy-in" and action in disruptive times.

The workshop will be held from July 26-29, 2022 at Sarova Whitesands Hotel, Mombasa. Charges are KES 55,000 and KES 60,000 exclusive of VAT for Members and Non-Members respectively. Members in attendance will earn 20 CPE Hours.

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.

Event Properties

Event Date 26-07-2022
Event End Date 29-07-2022
Individual Price Members Ksh 55,000 exclusive of VAT, Non-Members Ksh 60,000 exclusive of VAT
Location Mombasa
Registration for this event is closed

OnRisk Report 2021

In the 18 months since the COVID-19 pandemic first shuttered the world, organizations have learned to embrace the unexpected. Board members, C-suite executives, and chief audit executives — the key players in risk management — now know that low likelihood/high impact risks must be given greater consideration. This realization has jolted boards into greater awareness of risk management weaknesses, energized senior management to build more nimble and resilient organizations, and positioned internal audit to deliver broader value.

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INTERNAL AUDIT COMPETENCY FRAMEWORK

INTERNAL AUDIT COMPETENCY FRAMEWORK

[Download PDF HERE]

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