CATEGORY TYPE: Quality & Auditing

COURSE NAME:Operational Audit


This course can be scheduled at your convenience, to request this course please click here

Internal auditors are expected to determine the reliability of financial and operational reporting; assess the economy, efficiency and effectiveness of operations; and verify that the organization's assets are being properly used and safeguarded. In today’s business environment, an ever-demanding board counts on IA to verify that internal controls are operating as intended and to determine if processes are efficient and support organizational objectives. All of these expectations point to the need for internal auditors to perform high-quality operational reviews


In this pragmatic three-day seminar you will learn the fundamentals of operational auditing, including the key requirements you must meet to conduct an effective operational review. You will gain an understanding of management practices and discover how to determine if they help or hinder the achievement of the organization’s objectives. You will identify conditions that reduce cycle time and create waste. You also will find out how you can leverage the COSO framework, Six Sigma, CAATs Balanced Scorecard, and other business tools to better understand operating areas, plus master techniques for quantifying the value of your recommendations, and cover ways to enhance your audit process, accelerate the identification of issues, and provide more timely feedback to management. Throughout the seminar you will work through exercises and apply the skills you learn here to audits of key functional areas.



Terminology and Key Concepts

  • changing roles and responsibilities of internal auditors
  • the link between financial, compliance, and operational audits
  • incorporating operational risks into Internal Audit’s risk-based auditing approach
  • evaluating the effectiveness and efficiency of operations


The Operational Audit

  • planning and performing operational audits: the essential elements
  • identifying, measuring, and assessing operational objectives
  • operational procedures and management’s response to deviations
  • evaluating the tools management uses to set and monitor organizational goals
  • quality and performance improvement methodologies
  • developing and using metrics to monitor performance and risks
  • key operational audit tools


  • identifying the risks in the payroll function
  • objectives, controls, procedures, and personnel
  • payroll fraud schemes
  • evaluating improvement opportunities



  • auditing production risks
  • key elements of the production process: labor, materials, equipment, facilities, and costs
  • production methodologies
  • identifying key cost drivers to protect bottom-line results
  • adapting production concepts to service-based organizations


Project Management

  • auditing high-risk/high-impact projects within the organization
  • common project management problem areas
  • performing project risk assessments
  • examining the project life-cycle
  • IT projects and the system development life cycle

• Anyone seeking to understand an operational audit.• Executives desiring to learn more about operational audit or who are exploring a transition to operational or integrated auditing.• Auditors in transition from financial and compliance based audits to operational auditing.• Auditors currently performing operational audits seeking to gain tips and tools to complete efficient and effective operational audits

    • 5 Day(s)

    The presentation is generally appealing to me. The dedication & devotion of the instructor are both laudable & admirable.
    Mohammed F. Alotaibi

    Really this course is important for any inspector, so I will recommended it for our employees. And thanks a lot!
    Ahmed Al-Yami

    You are doing excellent bringing such very talented instructor. Please keep it up.
    Ahmed Afifi
    Al-Zamil CoolCare

    I would like to appreciate you as well as the instructor for a good training due to the fact that the helping to gain new information about the types of valve with advantages and disadvantage as well. Many thinking.
    Zaki Ali Aldawood

    This course was very beneficial and helpful to understand one of the Major NDT method. I encourage ITC to continue with this performance.
    Talal Saad AlHasawi

    ITC service was in overall excellent. Thanks.
    Wael M. Morsy

    This course was good and a nice guide to the PMP exam. Thanks.
    Yazeed Mohamed Mreki
    General Authority of Civil Aviation (GACA)

    It was good course & good preparation with excellent instructor. Thanks a lot.
    Faisal Mahdi Al-Qahtani

    It was a nice course to have. I suggest taking this course with the same instructor to other people. Thanks for the instructor for his kindness & helfull during the course.
    Abdul-Moniem Al-Humoud

    It is very important course, which enable us to improve our knowledge to work approaching our big account and can be recall us the key account. This is will support us to active result for the best of the Co.
    Mohammed Amjad
    Al-Suwadi Services

    The instructor is highly and technical knowledgeable in explaining all the subject in the course taken.
    Noel V. Garan
    Coldstorec Group Of Saudi Arabia

    Instructor was well prepared and knowledgeable I gain lot of useful information.
    Gulam Khan
    Saudi Aramco

    It was a good learning experience. Got to know the concept involved in key account.
    Muthuraman Nachiappan
    Al-Suwadi Services

    The instructor Mr. Ahmed Sabry has a very nice spirit.
    Salam Fakhoury
    Al Khodari Company

    It is very useful to us and increase our knowledge.
    Mohammed Rashed Afifi
    Al Khodari Company

    The course is excellent and helpful. It help me in organizing the work in more safe manner.
    Muzammil Hayat
    Al Khodari Company

    The instructor is very knowledge and hard working, his way of teaching is very good.
    Ibrahim Darwish
    Al Khodari Company