New Skills and Practical Approaches to Upgrade your Internal Audit Function

New Skills and Practical Approaches to Upgrade your Internal Audit Function

Course Overview:

Internal Audit has the potential to be the most important function in an organization. With the right tools it can become an effective and dynamic circulation system, whisking away the risks, adding value and enrichment, and ensuring that continuous improvement reaches every corner of the organization.

This course will enable the participants to re-think their existing IA function as a professional practice within the organization. Once this change in frame of mind, it is easy to upgrade the internal audit function and turn it into a powerhouse.

Who Should Attend?

Chief Internal Auditors, Directors, Internal Audit Professionals, Risk Consultants, IT Auditor and Finance Professionals

Course Objectives:

During the course, the participants will learn:

  • Learn ways to market and brand the internal audit function
  • Learn about internal governance of internal audit
  • Learn about bringing value addition through internal audit
  • Explore areas such as ERM, AML, Anti Corruption and Anti Fraud practice
  • Learn about inculcating a value addition culture within the function
  • Learn how they can bring about large scale change in society at large

Course Agenda


1)  Why and how the internal audit role has changed

  • Increased assurances
  • Some not so glorious examples from the past
  • In house consultancy
  • Changing relationship between IA function and the company
  • No-go areas: traps to avoid

2)  Building the goodwill and motivation

  • Training staff for risk based internal audit
  • Marketing the IA function
  • Do’s and don’ts of professional behavior
  • Inviting feedback from auditees

3)   Building and coaching the team

  • The science of facilitation without involvement
  • Special assignments
  • Coaching and training
  • Value addition

4)  Building the framework

  • Risk based audit plans
  • Documentation and working papers
  • Report writing and presentation


5)  How to ensure IA’s place is secure in Corporate Governance structure

  • Where does IA fit in Corporate Governance
  • Relationship with external audit

6)  How to get Audit Committee/Board/Owners to act

  • The real driver of IA
  • How to get the Board’s attention
  • Interaction with the Chairman
  • How to ensure that every report is read and addressed

7)  Exceeding expectations

  • How to interact with stakeholders
  • Not everything is for the audit committee
  • Ethics
  • Consolidating goodwill


8)  Audit of Marketing, Brand Management and Reputation

  • Reputation Risk
  • Traditional approaches to brand management and reputation maintenance
  • Feedback mechanisms
  • Active vs passive brand/reputation management

9)  Business continuity

  • What is the difference between BCP and DRP?
  • Prevention vs damage control
  • Testing of protective/preventive mechanisms
  • Crisis management

10)  Enterprise Risk Management

  • What is ERM and why is it needed
  • How IA can develop ERM framework
  • Removing the training wheels: handing ERM to the management

11)   Money Laundering

  • Why is AML important for everyone
  • Basic AML practices
  • Developing IA procedures to safeguard against Money Laundering

12)  Fraud

  • Increased role of IA in fraud prevention
  • Performing forensic assignments
  • Fraud risk assessment
  • The Human factor in fraud risk assessment

13)  The basics of Systems Audits

  • Anyone can perform a basic IT infrastructure audit
  • Application controls audits
  • System security audit
  • The Human factor in IT infrastructure

14)  Sustainability

  • Why sustainability is important
  • People, planet and profits
  • Why IA needs to venture outside the company premises
  • Risks arising from non sustainable operations

15)  Live Audits and Independent Assurances

  • Why pre-audit needs to be phased out
  • Live audit: the best of both worlds
  • Independent assurance in purchases and sales
  • Undercover

16)  Other important areas

  • Continuous improvement (the importance of innovation)
  • Environmental / sustainability auditing
  • Third party relationships
  • Whether a function should be outsourced
  • Internal governance of outsourced functions

Course Director


Talha bin Hamid FCA, CIA

– Former General Manager Internal Audit, Alkaram Textile Mills (Private) Limited
– Former Director Risk & Corporate, Advisory Services, BDO Ebrahim & Co.
– Immediate Past President, Karachi Toastmasters Club

Talha is an experienced finance and internal control professional who started his career with PwC Pakistan in 1997. After qualification as CA in 2002, Talha had the opportunity to work as a tax consultant and as a CFO, but his passion remains internal auditing.

He has had more than 10 years of experience serving in leadership positions in Internal Audit functions in various reputable organizations and listed companies. His risk advisory experience extends to not only Internal Audit but Enterprise Risk Management, forensic audits, risk profiling, investigations, process re-engineering, cost control, organizational restructuring, and development of control frameworks.

Date: Thursday, October 10, 2019
Venue: Karachi Marriott Hotel
Time: 09:00 am – 05:00 pm

Date: Friday, October 11, 2019
Venue: Royal Palm Golf & Country Club
Time: 09:00 am – 05:00 pm


For further information please contact
Mohammed Phaysal / Jameel Ahmed
(021) 3480 1888 / 3483 3775
0313 2971 833

Terrabiz Cancellation Policy

For cancellations made in the 7 working days to the workshop, no refunds will be given. Cancellations must be confirmed by email. Substitutions may be made at any time.

Registration Investment
Group Discount 10% Discount

on 2 or more nominations from the same organization
15% Discount for members of ICAP, ICMAP and IIA
(For larger groups, please send us a note at

*Discounts are mutually exclusive

Regular Fee: Rs. 25,000 per participant
Includes courseware, certificate, lunch, refreshments and business networking

Print Media Partner

Business Magazine Partner

International Partner

Course Director

Talha bin Hamid FCA, CIA

– Former General Manager Internal Audit, Alkaram Textile Mills (Private) Limited
– Former Director Risk & Corporate, Advisory Services, BDO Ebrahim & Co.
– Immediate Past President, Karachi Toastmasters Club

Date : October 10, 2019
Time : 9:00 am to 5:00 pm
Venue : Karachi Marriott Hotel

Date : October 11, 2019
Time : 9:00 am to 5:00 pm
Venue : Royal Palm Golf & Country Club

Fee : Rs. 25,000 per participant