Register online at: www.mistieurope.com

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with In-House Training

Course Director: James Paterson James is an experienced Finance Leader and former Chief Internal Auditor at AstraZeneca, with experience running global leadership development courses and executive coaching, and over 20 years business experience.

Audit Leadership Institute

www.mistieurope.com/inhouse

Internal Audit

4 Day Course:

2-5 March 2015 Hong Kong

8-11 June 2015 Amsterdam

7-10 October 2015 Dubai

7-10 December 2015 London

The Global Leader In Audit and Information Security Training

Why Attend This Course?

n Learn why changing times demand changing roles of today’s audit leaders

n Find out what you can do to ensure your department is positioned to add real value in turbulent times n Gain insights into your leadership style and determine whether it is helping or hurting your effortsn Cover conflict resolution and negotiation techniques that

will foster sustained organizational changen Discover proven strategies for improving your

communication with audit and executive committee members and your audit team

n Examine the role of the audit leader in proactively making and taking difficult decisions

“The course is group-live which is very different from the traditional theoretical way of giving courses. Really helped me to understand follow everything”Team leader of Infrastructure, e-services & security audit, Information Technology Authority

Become a truly effective audit leader

Who Should Attend

Managers, Directors, Supervisors, Chief Audit Executives, newly appointed Heads of Internal Audit and other audit executives who want to learn new approaches to lead an internal audit department and drive positive change to the risk management cultures within their organisations.

Prerequisite

Because of Oracle’s dependence on operating system controls, you should be knowledgeable in the controls provided by your Windows-, Unix- or z/OS-type system.

Course Director: James Paterson

James Paterson is the former Chief Internal Auditor for AstraZeneca. James has over 20 years’ experience across a range of finance roles. He became Chief Internal Auditor for AstraZeneca in 2002, and led the function for over 7 years, picking up a range of “best practice” accolades along the way.

James is a regular keynote speaker/lecturer/consultant on audit and risk issues across the globe - UK ACCA, IIA UK, IIA Canada, IIA Australia, IIA Belgium, CIPFA UK and engagements in the UK, Ireland, Sweden, US, Singapore, Malaysia and Indonesia.

He has also had a number of articles published in risk and audit journals on topics such as IA value add, lean auditing, co-ordinated assurance and assurance mapping and IA metrics that drive value.

Audit Leadership InstituteBecome a truly effective audit leader

Telephone: +44 (0)20 7779 8202 Email: mis@mistieurope.com

Course Focus And Features

The Audit Leadership Institute spans four high-impact days packed with the strategies, tools, and techniques you need to become a truly effective audit leader.

To keep up in today’s difficult, regulation-driven and technology-laden business environment, audit leaders are being challenged to rethink the traditional approaches used in the past. In response to this very real need, we have designed the Audit Leadership Institute to equip you with the critical skills necessary to successfully guide your audit organisation in 2015 and beyond.

Unlike other leadership development programmes, the MIS Audit Leadership Institute focuses exclusively on the needs of audit executives. This means we have eliminated everything but the topics critical to helping you improve and sustain your performance as a leader of this vital function.

The MIS Audit Leadership Institute is a haven for Chief Audit Executives, and those responsible for directing the internal audit function. It is a place where senior executives can discuss strategic concerns, technical trends, and other issues important to them. Participants walk away with practical techniques and strategies that they can use to hone their leadership skills and develop their teams to meet the challenges triggered by the economy, new legislation, emerging technologies, competition, and organisational change

You will explore the essentials of effective audit leadership and conquer the complex issues you face every day on the job.

This four day event covers the full range of topics relevant to leaders in the audit profession, including adding value in turbulent times, assessing your leadership style, using proven conflict resolution and negotiation techniques, communicating influentially with audit and executive with audit and executive committee members, innovative recruiting practices and understanding lean audit techniques.That’s not all. In the company of your fellow audit leaders, you will learn and develop in an environment that encourages networking and idea-sharing.

Case studies, team exercises and peer brainstorming will accompany traditional sessions to promote the knowledge sharing that is such a valuable part of the learning process.

Advanced Preparation: None

Training Type: Group-Live

Learning Level: Advanced

CPEs: 30

Price: GBP £2,895+VAT**Delegates may be able to claim back VAT. Visit www.mistieurope.com/VAT for more information.

Telephone: +44 (0)20 7779 8202 Email: mis@mistieurope.com

Day Two: Core competencies of internal audit leadership

World-Class Audit Leadership Skills For Leading A World-Class Audit Department: Looking At The Different Roles Of Audit Leaders• Trusted advisor to senior leadership• Advocate for governance and risk• Source of assurance to the Audit Committee• Leader of the IA functionSome of the psychology risk management, audit and decision making Recognising how different perspectives affect views of audit and vice versa Recognising some of the dynamics within an audit committee and senior executive team Considering Your Leadership Style Is Your Style Helping Or Hurting?• Models of effective leaders and how you measure up• Assessing your preferred leadership style: its benefits and liabilities• Strategies for adjusting your leadership style when dealing with the

audit committee, executive management, other peers and your audit team members

• Recognising the critical conversations and circumstances that lead to conflict by handling crucial conversations effectively

• Preventing conflicts from occurring• The importance of clarity of role in creating a credible and

impactful IA function

Paying Attention To The Formal And The Informal Dimensions• Pre-meetings, informal sessions and formal sessions Considering Audit Committee And Executive Team Best Practices And Areas You Should Work On

Day One: Leading a world-class audit department: exploring the challenges

Introductions And ObjectivesThe World-Class Audit Function• The evolving role and status of internal audit• Keeping pace with emerging requirements and best practice • Implications of the 2013 IIA standards and recent guidance• The imperatives for change • Characteristics of ‘best in class’ audit departments Inspired And Inspiring Leadership• The internal audit director’s pivotal role• Prioritising stakeholders: who counts? • Managing stakeholder relationships • The effective head of internal audit. How do you match up?

Defining Audit Scope: Achieving The Right Balance• A flexible and responsive risk-based approach • Focus on governance, strategy and ethics • Embracing new audit areas: eliminating ‘blind spots’ • Assurance versus consulting: how much is enough?

Building Audit Team Capability• Staffing options: attracting and retaining top talent • In-house, co-source or outsource?• Developing and motivating your team • Making the right choices for your business Rising To The Challenge• Working smarter: improving productivity and effectiveness • Promoting management accountability for risk and control• Leveraging the work of other assurance providers• Demonstrating value and communicating your role • Managing risks to internal audit

Towards A Winning Vision• Validating your ‘as is’ position• Developing your strategic vision• Obtaining ‘buy in’: influencing key stakeholders• Bridging the gaps and implementing strategy• Continuous improvement and recalibration

“The course added a new perspective and provided me with an excellent opportunity to assess our current position”Senior Internal Auditor, AIBA

Group Booking Discount**

3 delegates -

10% discount

2 delegates -

5% discount

4 delegates -

12% discount

5 delegates -

15% discount

**Available for delegates from one organisation attending the same course

Day Four: Final best practice review & pulling it all together

Lean Auditing OverviewUnderstanding Lean Audit Techniques To Supplement Your Learning To Date• Utilise the ‘Lean Kano’ technique in relation to understanding value add

from your stakeholder’s perspective• Other lean techniques to consider when planning and executing

audit work• Having a customer value orientation• Focussing on key customers and their different need

Leveraging The Work Of Other Assurance Providers• The importance of clarity around benefits focus and scope• Major pitfalls and quick win strategies

Thinking About Your IAMetrics And Milestones To Ensure They Support You In Future• Conventional metrics and their pitfalls• Emerging best practices Creating A Practical And Realistic Final Action Plan• Who will benefit?• Assessing the scale of the tasks

Allocating Tasks To Different Roles In Your Team• Recognising the multiple roles of the Head of Internal Audit• Ensuring delegation is effective

Register online at: www.mistieurope.com

Day Three: The value added IA function - removing obstacles to high performance

Enhancing Audit Committee And Senior ManagementCommunication - Benchmarking Where You Are Now AndConsidering Good PracticesLooking At Outputs From The Audit Function ~ How To Improve These To Enhance IA Credibility And Impact• Using an attention-getting, reader-friendly layout• Techniques such as MECE that help organise and consolidate issues Key Performance Indicators That Really Work• A framework - foundations, Coverage, delivery, Impact Key pitfalls in IA KPIs • Emerging best practices Looking Enhancing IAs Bench Strength And Building The Right Team• Identifying the competencies needed for a risk-based department• How to attract and retain change agent-oriented auditors• Harnessing the generational differences in the workplace to create high-

performance audit teams that can handle all types of audits• Using “the nine boxes” to develop succession plans and evaluate performance• Action learning techniques and their use in Internal audit

Tips For Effective IA Function Processes And Key Meetings Brief Overview Of Lean Auditing How lean techniques that worked in the motor industry in Japancan help maximize the value add and effectiveness of IA• Looking at the IA planning process - maximizing stakeholder engagement and the added value in the plan• Reviewing audits and identifying blockers to an effective and efficient assignment• Scoping / Data and documents / Meetings • QA / Reporting / Follow-ups• A brief word about the wider assurance position • Key pitfalls and tips concerning assurance maps and assurance frameworks• Key benefits that can be delivered..• Final action planning

TAILORED AND PERSONALISED IN-HOUSE TRAINING Why Choose In-House Training?Savings - Running an in-house course in your offices will ensure you avoid the costs of travel and accommodation. Plus we charge per day not per delegate. You can train six or sixteen people for the same price! Convenience - We can arrange a course that fits your team’s schedule. Any dates, any location, simply tell us what works best for you. Avoid the hassle of coordinating travel arrangements and accommodation for your staff Tailored training - We have over 150 existing training courses you can mould to fit your exact requirements or if you prefer we can just create a new agenda. You will have complete control over the course content Confidentiality - You can focus on potentially thorny issues that may be specific to your organization which are best resolved in private with the expert guidance of your course director

Some Of The Companies We Have Worked With:PwC • International Labour Office • Barclays • Capital One • Legal and General • Deloitte • European Court of Auditors • Lukoil • Credit Suisse AG • Euroclear • AIB • U.S. Steel, Corp. • Novartis • National Commercial Bank • Qatar National Bank

Visit www.mistieurope.com/inhouseCall us on 0207 779 8202Email mis@mistieurope.com

INHOUSETRAININGSave up to 50%

with In-House Training

“Really good overview of some key internal audit leadership areas. I learnt some very useful tools & techniques that can be applied back at the office. Sharing experiences and debating was very useful too”Head of Internal Audit, NG Bailey