The Government of Jamaica’s (GoJ) training institute, Management Institute for National Development (MIND) along with the Internal Audit Directorate (IAD) of the MOFPS are committed to identifying emerging trends and developments in the auditing profession and have designed a suite of learning interventions that will guarantee leading-edge best practices for members of this professional group. This Audit Fundamental’s Programme is designed for internal auditors at various levels, from both the public and private sectors, to ensure auditors fulfil their professional responsibilities in risk, control and governance.  This one hundred and thirty eight (138) hours Programme presents a range of comprehensive training courses which will assist the auditors’ need to boost their careers and remain relevant in the auditing profession. Importance is placed on Corporate Governance & Audit Engagement Standards, Field work and Audit Reporting process, Auditing Financial Statements and Auditing the Procurement Process. A number of other interactive techniques/methodologies will be the key conveyor of the knowledge of the concepts and will invariably contribute to the professionalism and evolution of the internal audit function.  The programme will be delivered by a team of facilitators who have extensive training and expertise in the field of Internal Auditing and will utilise Competency-Based Education and Training (CBET) principles which seek to meet the practical needs of today’s audit professional. Programme  Objectives

  • Gain an appreciation of the role of internal audit function and its reporting relationships and legislation governing this relationship
  • Gain an overall understanding of the professional practices and Standards developed by the Institute of Internal Auditors (IIA)
  • Understand and apply those tools necessary for Planning the Audit Assignment
  • Be able to scope the audit based on his/her understanding of the business environment of an organization
  • Obtain an overall understanding of the standards governing audit fieldwork.
  • Gain a general understanding of the principles governing the gathering of information necessary to assess the adequacy and effectiveness of controls, risk management and governance processes.
  • Gain a preliminary understanding of the tools and techniques used in this phase of an audit.
  • Understand report structure principles
  • Understand the purpose of financial statements
  • Understand key considerations for preparing Financial Statements in accordance with IFRS 1 and relevant audit documentation for cash and accrual financial statements audit.
  • Understand the role of the auditor in the procurement process and the relevant legislation/policies governing procurement procedures in the public sector
  • Organisational Benefits This programme will enhance the auditor’s skills to improve audit coverage and provide assurance on the organisation’s risk management, governance and control framework. This will facilitate the organisation in improving its ability to implement and realize specific goals which will invariably enhance its credibility, profitability and competitiveness.
    Employee Benefits Participants embarking on this training programme will gain enhanced skills, knowledge and competencies in the field of internal audit, thereby increasing their capacity and marketability. They will also enjoy greater job satisfaction, motivation and morale through the ultimate achievement in greater efficiency and effectiveness within their job processes.
    Target Audience This programme is intended for all internal auditors and other interested parties, in both the private and public sector or persons wanting to move into the audit profession.

    Persons with the following certification may seek exemptions from modules 1 and 2.  No exemptions are however granted for modules 3 and 4. CIA- Certified Internal Auditor CRMA- Certification in Risk Management Assurance        CGAP- Certified Government Auditing professional

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