Education

Discover Where Internal Auditing Training Could Take You In 2017

10:22 PM Kapil Kumar 0 Comments

The start of a new year is always a good time to assess where you are in life, and decide whether you wish to make any changes. For many of us, it's time to embark on a new career or undergo training.

Most of us have to work, in order to earn a living. But that shouldn't mean settling for just any job. It's a proven fact that the more we enjoy what we do, the better we become at doing it. Happy workers are motivated workers, which is a win-win for all concerned.

If you're seeking a new direction, with better prospects and more responsibility, why not consider becoming an internal auditor? These days, auditors are required across all industries - and they don't just check finances! 

Work In Specialist Fields

Today's auditors work on complete management systems, choosing specialist fields, such as Environmental Management, Workplace Health and Safety, Food Safety Management, and Quality Assurance.

If the sound of all this is appealing, your first step is to undergo internal auditing training in your chosen field. However, when you see the number of training providers available to you, you may find it hard to choose.

My advice would be to opt for the 'tried and tested'. In other words, a well established internal auditing course provider with proven results. Your provider should be Exemplar Global-certified, and courses should be run by qualified instructors.

Achieving A Certificate of Attainment

Look for courses that offer a mix of practical and theory training, with both continual assessment and a final written exam. Upon the successful completion of the course and exam, you should receive a Certificate of Attainment.

If you are in Queensland, excellent internal audit training courses are available at SC Training Centre in Brisbane. They are competitively priced, interactive, and never cancelled due to low numbers.

Internal auditing training provides participants with the skills to conduct internal audits and to confidently maintain management systems. As you can imagine, this can be of great benefit to the business owner. 

What Makes A Good Internal Auditor?

Often, an employer will pay for key staff to go through internal auditing training, so that could be another option for you to consider. 

So what makes a good internal auditor? Flexibility is certainly a requisite, as you will be working with ever changing legislation and must be able to quickly learn and adapt.

When most people think of auditors, they think of accountants, and it's true, many auditors do come from financial backgrounds. However, these days, the role of the internal auditor is so diversified that general business acumen is a plus, as well as a whole range of other specialised skills.

Wide Mix of Skills

The Institute of Internal Auditors (IIA) lists some of the key attributes as communication, integrity, teamwork, relationship building, and continuous learning. I would also throw in analytical thinking, data mining and analytics, good IT knowledge and general business acumen.

The IIA is actively moving internal auditors away from just 'checking the books' to acting as strategic planners and advisers. Internal auditing training therefore teaches students to develop their research and analytical skills, so they can better provide sound advice to their employers.

A good internal auditor can help an organisation develop and implement management systems, and then continuously monitor and tweak those systems to meet the company's goals and expectations. To do this, the internal auditor must have a direct knowledge of the industry they are in, as well as a thorough understanding of the relevant legal requirements.

Do You Fit The Bill?

They will have specific skills pertaining to their work, but also a range of non-technical skills, such as communication, writing and presentation.

As simple as this may sound, it is not. Generally, people fall into one of two categories: they are either logical, analytical thinkers, or creative, emotion-lead individuals. The former traditionally work in areas such as IT, engineering and commerce; the latter tend to choose 'caring' careers, such as teaching or nursing.

The best internal auditors are those who have both skill sets. Whilst sound thinking and technical knowledge is important so, too, is the ability to work and empathise with others, and to listen. They should be able to work alone, or in a team.

Determination is the Key

Relationship-building is very important, particularly if the individual wishes to move into lead auditing down the track. Auditors in general are sometimes viewed with suspicion, even fear - the fear of change - so building trust and rapport is vital.

Something we didn't mention earlier is determination. This is another important attribute as, sometimes, the answers are not obvious. A good internal auditor must be willing and determined to dig deeper for answers and solutions. The aim here is not to point out fault; rather, it is to develop and grow the best possible management system, to bring benefits to all concerned.
Internal auditing training is a highly skilled area, and a very rewarding one, with the ability to take you all over the world. It's well worth investigating further in 2017.

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