Monthly Archives: July 2016

Why Internal Audit Training Courses Are A Wise Investment

An internal audit is defined as an independent assurance and consulting activity, which adds value to, and improves an organisation’s operations. By introducing a disciplined routine of assessment and actions, it helps the business evaluate and improve the effectiveness of its management systems.

There’s nothing new about auditing, although the practice has moved away from being purely financial based, to incorporating all systems within an organisation, such as quality management, workplace health and safety, environmental management, and so on.

Auditing is also an integral part of International Standards procedures.

In order to meet their certification requirements, and ensure the smoother running of their organisation, many business owners implement ISO 9001 integrated management system and training.

ISO 9001 integrated management system training

This particular integrated management system takes quality assurance as its base, and can accommodation several other disciplines under the one management system.

While third party auditing is necessary to attain certification, most major organisations use internal auditors to monitor and update all systems, often employing or training their own personnel.

Internal Audit

Internal audit training courses are readily available, but choose your provider carefully to ensure the most comprehensive inclusions and best results.

Tailor-made management systems

Some training providers also act as consultants, and can tailor-make and implement an organisation’s management systems. using this type of one-stop-shop is a wise move, as it ensures a comprehensive and seamless transition.

As mentioned earlier, internal and external audits are different. An internal auditor works with management to maintain effective systems and reduce risks, be they financial, safety, environmental, and so on.

An external or independent auditor reports to shareholders or, in the case of attaining Standards certification, to the regulatory body.

External audits are generally compulsory while internal audits are non-statutory and therefore voluntary. Internal audits are well worth the effort, as they can help businesses achieve targets, protect assets, ensure reliable financial reporting, and help the organisation comply with legislation.

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