Internal Audit Practices at Central Banks (IAPC) seminar provides detailed overview of internal audit activities at central banks conducted in accordance with international audit standards and recent developments on internal auditing by focusing on the CBRT's practices and experiences. It aims to identify the types of internal audit activities, the extent and the scope of different audit engagements, methods employed during planning, fieldwork, reporting and follow-up of an audit engagement. IAPC will also set a ground for the participants to explore the role of internal auditing in improving risk management and control activities of management. Since IAPC is an interactive seminar, challenges facing internal audit departments when planning, organizing and conducting audit activities are expected to be discussed in details between participants. Participants are also encouraged to share their own experiences and make short presentations on internal audit practices of their institutions.
• Methods of devising the audit universe and annual audit plan
• Detailed description of the audit cycle (planning, fieldwork, reporting and follow-up)
• Parts and scope of an internal audit report
• Audit recommendation follow-up process
• Types and scope of audit activities of the CBRT
• Quality Assurance and Improvement Program of the CBRT
• IT audit within the CBRT
Target Audience: The seminar is organized for junior auditors from central banks. It will maintain an interactive discussion platform, so it is highly recommended that participants share their experiences during the seminar.