| COURSE : CERTIFIED OUTSOURCED CONTRACT AUDIT PROFESSIONAL | |
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| Course Overview | From time to time over the past 15 years, the idea of outsourcing some of a company’s internal audit work has come into fashion, and it is once again on the agenda. Internal audit functions overwhelmingly keep their work in-house; in 2014, for example, only 9% of their audit budgets went to outsourced or “co-sourced” services. And of that small number, many functions have seen outsourcing engagements fail to achieve their objectives, causing them to bring the function back in-house after two to three years. There are good reasons for this: it’s hard to find the right vendor, and even harder to get the right services from them across any length of time. |
| Training Duration | Total Training Hours : 28-30 Hours Training Duration : 1 Week Total Training Days : 4-5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday)Regular Sessions : 4 Hrs Per day WeekEnds (Friday & Saturday)Fast Track Sessions: 6-8 Hours per day |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) |
Open to everyone |
| Course Benefits |
1. Manage Outsource Auditing 2. Understanding the structure of Audit 3. Regulatory requirements 4. Real Testing’s
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| Course Contents / Outline |
Selecting an Outsourcing Provider and Determining its Quality Status Quality Status of the Service Provider Confidentiality Agreement Determining the Scope of the Audit Planning and Conducting the Audit Strategic Communications Audit Report and Approval Following the Audit: The Technical and Quality Agreement Re-assessment Integrated assurance Advisory and consulting work
Aspects of Outsource Audit regulator approval Working with Competitors Cost : Variable / Annual / Assignment based Termination and Transfers Budgeting Conclusion
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