THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Preparing for Internal Audit Quality Assurance
Theme: In pursuit of continuous improvement of Internal Audit functions
Date:23rd- 24th June 2021
Time: 08.30am-3.00pm
Venue: Virtual Symposium
OVERVIEW
A critical asset for an internal audit activity is its credibility with stakeholders. An Internal Audit Quality Assurance enables an evaluation of the internal audit activity’s conformance with the International Standards for the Professional Practice of Internal Auditing (Standards) and an evaluation of whether internal auditors apply the Code of Ethics. It also assesses the efficiency and effectiveness of the internal audit activity and identifies opportunities for improvement. The assessments can be either internal or external.
External assessments enhance value, as they enable the internal audit activity to evaluate conformance with the Standards; internal audit and audit committee charters; the organization’s risk and control assessment; the effective use of resources; and the use of successful practices. An internal audit activity must obtain an external assessment at least every five years by an independent reviewer or review team to maintain conformance with the Standards.
This event will cover below: –
1. Standard 1300 IPPF: Quality Assurance and Improvement Program
– Definition of the requirements for a Quality Assurance Improvement Program
2. Standard 1310: Requirements of the Quality Assurance and Improvement Program
3. Standard 1311: Internal Control Assessments
4. Standard 1312: Link to External Assessments
5. Ethical Consideration in Internal Audit Quality Review Engagements
6. Impact of Technology and Digital Transformation on Internal Audit Processes
7. Impact of the pandemic on Internal Audit Functions
-Remote working and impact on the quality of Internal audit functions and processes
8. Way forward and required budgets.
9. Challenges faced in implementing an effective QAIP as per the standards
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the Webinar.
FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 10,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance
ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 719 074 000, (+254) 733 856262 or via email Joy Wanyonyi at joy.wanyonyi@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.
