Numerous organisational transformations occur on a large scale. In the current paradigm, agility—the ability to adapt quickly—is crucial for maximising shareholder value and sustainability. Organisations aim for agility by implementing complicated initiatives that benefit multiple stakeholders without sacrificing the environment or violating compliance rules. The desire for accountability and openness has increased the stakes for the change project success.

Internal Audit faces a problem in determining their engagement, its scope, and how to offer value during the transformation process. These projects can benefit from internal audit’s end-to-end lifecycle and risk-driven assurance approach to programme delivery. This involves supporting and working with other assurance providers.

This training course will provide participants with an approach to how to assess Transformation risks and the role of the Assurance professional in all stages of a Transformation Program

Learning outcomes:

At the end of the training course, the participants will be able to:

• Understand the involvement of internal audit in initiatives, programs, and change projects

• Engagement options for internal audits and initiatives 

• Develop detailed scope and methodologies for auditing change initiatives and projects

• Understand Internal audits and agile projects and the most prevalent causes of project failure

• Addressing the challenges and implementing good practices in the context of change auditing-

Approach:

This course provides an overview of the governance, risks, and controls that are associated with change management. It also covers the methods for evaluating the operational efficacy of processes that involve change management and providing assurance with respect to change management. The tools that participants will learn will assist them in the acquisition and assessment of evidence supporting accurate change management assertions, as well as in the cultivation of an environment that promotes organisational success.

Transformation Program – SET-UP (The ‘Why’)

• Definition of program vs project

• Start with the end outcome in mind

• Key risks impacting on transformation program

• Role of 1^st, 2^nd and 3^rd lines (independence vs consulting)

• Role of assurance professional in a transformation program

Transformation Program – BUILD (The “How”)

• Role of the assurance professional in the build phase

• Development/participation in data migration strategy

• Understanding of security in the design

• Embedding of controls in the process

• Data analytics

Transformation Program – Implementation (The “What”)

• Role of the assurance professional in this phase

• Performance of data migration testing

• Independent assurance in the testing Phase

• Participation in “go/no decision”

Transformation Program – Post Go 

• Review of migrated data (completeness and accuracy).

• Review of post migration activities – warranty period

• Post implementation review

Online Classroom: This training program will be delivered in 3-hour lessons (10:30 am – 01:30 pm AEST) over two days on 23, 24 August using Zoom.
Registrations will be strictly limited to 12 participants to allow maximum interaction in the online environment.
 
For Funds Transfer payments: Download the funds transfer registration form here and email the completed form to [email protected].