Enhancing Internal Audit Effectiveness Through the Core Principles
October 15, 2019
1:00–2:00 p.m. ET
For an internal audit function to be considered effective, it needs to demonstrate the achievement of the Core Principles and ultimately fulfill the Mission of Internal Audit. This webinar will provide an overview of how to effectively demonstrate the Core Principles for the Professional Practice of Internal Auditing. Current and former members of the International Internal Auditing Standards Board will share their experience on how best to demonstrate the Core Principles and the resulting impact on the stature of the internal audit function within an organization. By the end of the webinar, participants will have a clear understanding of how to effectively demonstrate the Core Principles, regularly communicate them to key stakeholders and embed them into the quality routines of the internal audit function.
In this webinar, participants will:
- Get an overview of the newly released Practice Guide, Demonstrating the Core Principles for the Professional Practice of Internal Auditing.
- Understand the criteria for demonstrating selected Core Principles
- Learn to improve communication and engagement with key stakeholders using the Core Principles
- Realize the value of embedding the Core Principles into their Quality Assurance and Improvement Plan
Course Duration: 1 hour
CPEs Available: 1
Knowledge Level: Basic
Field of Study: Auditing
Advance Preparation: None
Delivery Method: Group Internet Based
Paul Sobel, CIA, QIAL, CRMA
Vice President – Chief Risk Officer, Georgia-Pacific
Paul Sobel is vice president and chief risk officer for Georgia-Pacific. He also serves as chairman of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). He’s authored or co-authored four books: Managing the Risk of Uncertainty; Auditor’s Risk Management Guide: Integrating Auditing and ERM; Internal Auditing: Assurance and Consulting Services; and Enterprise Risk Management: Achieving and Sustaining Success. Sobel has served in many IIA leadership roles, including Chairman of the Board in 2013–14. In 2012, he was recognized in Treasury & Risk magazine’s list of 100 Most Influential People in Finance. In 2017, he received The IIA’s Bradford Cadmus Memorial Award and was inducted into The IIA’s American Hall of Distinguished Audit Practitioners.
Farah George Araj, CIA, QIAL
Operational Risk, Deloitte Risk Advisory Pty Ltd
Farah is an internal audit leader with over 20 years of experience delivering internal control, risk management and corporate governance services to a variety of regional and multinational companies across five continents. His experience includes working as a consultant with professional services firms and as a chief audit executive for a grocery retailer as well as a diversified conglomerate.
Farah is a member of the IIA’s International Internal Auditing Standards Board where he championed and contributed to the Practice Guide: Demonstrating the Core Principles for the Professional Practice of Internal Auditing. He is also an active supporter of the Internal Audit Foundation and most recently contributed to the 7th edition of Sawyer's Internal Auditing: Enhancing and Protecting Organizational Value.