This course will provide best practice advice and coaching on how to undertake assurance mapping in a straightforward, logical, and practical way.
Course Description
One of the key responsibilities of an organisation’s board is to gain assurance that processes are operating within the parameters it has established to achieve the defined objectives. It is necessary to determine whether risk management processes are working effectively and whether key or business-critical risks are being managed to an acceptable level.
With responsibility for assurance activities traditionally being shared among management, internal audit, risk management, and compliance, it is important that assurance activities be coordinated to ensure resources are used in the most efficient and effective way. Assurance Mapping can help.
This course will provide best practice advice and coaching on how to undertake assurance mapping in a straightforward, logical, and practical way. You will learn a range of techniques that will give you the confidence and skills to help you engage with key stakeholders to develop and deliver simple assurance maps while avoiding the many pitfalls and over-complexity.
The results can also inform how internal audit could work more effectively with colleagues in the second line and with external parties who may also be commissioned to provide assurance. Coordination with and reliance upon other assurance providers are important topics and ones that we – as internal auditors – do not always fully obtain benefits from. This course will show you how we could achieve more by closer working, where it right to do so. Be a little courageous here!
Who should attend?
Chief Audit Executives, Internal Audit Managers and Senior Internal Auditors involved in working with key assurance providers and stakeholders to help the board develop assurance mapping in their organisations. Anyone interested in thinking more about coordination with and reliance upon diverse assurance providers and what we need to consider to realise the benefits of this in practice.
Outline Course Programme
This course will take you through a blend of theoretical, technical, discursive, and practical approaches covering:
- a brief refresher covering risk management and assurance
- identifying assurance providers and sources of assurance
- providing assurance over risk management
- developing an effective assurance map
- engaging with key stakeholders in assurance mapping
- coordination with and reliance upon other assurance providers
- common pitfalls and challenges to manage or avoid
- questions and answers and team-based interactive exercises
The course includes facilitator input, topical examples, short practical discussions and exercises to reinforce the learning and build upon your existing knowledge.
IIA Global competency areas covered
- Performance (Risk Management)
- Leadership (Audit plan and coordinating assurance efforts)
- Leadership (Internal audit strategic planning and management)
CPE
You will earn 7 CPE’s for CIA, CRMA and Diplomert internrevisor for attending this course.
Instructor
John Chesshire, CFIIA, QIAL, CRMA, CIA, CISA, has over 26 years’ experience working in the internal audit, risk management, business improvement and governance fields. John is a Fellow of the Chartered Institute of Internal Auditors (CIIA) in the UK, an Independent Internal Audit Committee Chair, and a member of three other Audit Committees in the international charity, defence and local government sectors. He was Head of Internal Audit and then Chief Assurance Officer for the States of Guernsey until the start of 2021.
John continues as a practising internal auditor (and not just a trainer or talking head!) and currently works flexibly as The Internal Auditor for an international credit ratings agency. Amongst his many other international and UK roles.
He has delivered numerous well-received courses for the CIIA, as well as to many other global Institutes of Internal Auditors. At the last count he regularly works with nearly 20 different IIAs. John’s other recent clients include FTSE listed companies, multinationals, financial services, central and local government, law enforcement, charities, professional services companies, and international organisations such as the OECD, the ACCA, NATO and UN Agencies.
He is the Chief Examiner, Chief Chartered by Experience Assessor and EQA reviewer for the CIIA and has been a visiting lecturer in the Governance and Assurance Hub at Birmingham City University.
John loves internal audit, is an enthusiastic advocate for the internal audit profession, and particularly enjoys working in new and emerging areas of internal audit and assurance interest.
