Audit Planning and Execution Training Course

The Audit Planning and Execution training course, offered by  Geneve Institute of Business Management, is designed to provide professionals with a structured and practical understanding of how audits are planned, organized, and carried out in accordance with professional standards and organizational requirements. Effective audit planning and execution are essential to ensuring audit quality, reliability of findings, and meaningful assurance for management and stakeholders. This course focuses on the systematic approach to audit engagements, from defining audit objectives and scope to executing audit procedures and documenting results. It emphasizes risk-based planning, efficient resource allocation, and disciplined execution to support accurate conclusions and credible audit outcomes. The program supports participants in strengthening audit consistency, professional judgment, and alignment with governance and regulatory expectations.

Target Group

• Internal auditors responsible for planning and executing audit engagements within organizations

• External audit professionals involved in audit preparation, fieldwork, and reporting activities

• Risk management and compliance professionals supporting audit planning and coordination

• Finance and accounting professionals participating in audit processes or audit support roles

• Managers and supervisors overseeing audit activities and audit teams

• Professionals seeking to strengthen their understanding of audit planning and execution practices

Objectives

• To develop a clear understanding of audit planning principles and professional requirements

• To enhance knowledge of audit execution processes and structured audit methodologies

• To strengthen the ability to assess audit risks and define appropriate audit scope

• To improve consistency and quality in performing audit procedures

• To support effective documentation and evaluation of audit evidence

• To reinforce professional judgment and accountability throughout the audit process

Course Outline

Audit Fundamentals and Standards

• Purpose and objectives of auditing within organizations

• Overview of professional auditing standards and frameworks

• Roles and responsibilities of auditors and audit stakeholders

Audit Engagement Overview

• Understanding audit mandates and engagement requirements

• Defining audit objectives and expected outcomes

• Establishing audit scope and audit boundaries

Audit Planning Process

• Phases and structure of the audit planning cycle

• Development of audit plans and audit programs

• Allocation of audit resources and timelines

Risk Assessment in Auditing

• Identification of audit risks and risk factors

• Assessment of inherent and control risks

• Linking risk assessment to audit focus areas

Understanding Internal Controls

• Role of internal controls in audit planning and execution

• Evaluating control design and implementation

• Identifying control weaknesses and exposure areas

Audit Procedures and Techniques

• Selection of appropriate audit procedures

• Application of compliance and substantive procedures

• Ensuring consistency in audit execution

Audit Evidence and Documentation

• Nature and types of audit evidence

• Principles of sufficiency, relevance, and reliability

• Proper documentation and working paper standards

Managing Audit Fieldwork

• Organizing and supervising audit activities

• Communication within audit teams and with auditees

• Addressing issues identified during execution

Audit Findings and Evaluation

• Identifying audit findings and observations

• Evaluating the significance of audit results

• Linking findings to audit objectives and risks

Quality and Professional Judgment

• Maintaining audit quality throughout the engagement

• Application of professional judgment in audit decisions

• Ensuring objectivity, independence, and accountability