This 2-hour workshop aims to equip participants with the knowledge and tools needed to effectively manage outsourced audit teams. By focusing on clear communication, oversight, and performance management, the program ensures that audits are delivered on time, within budget, and to the highest quality standards. Participants will learn how to navigate the entire audit lifecycle, from planning through execution to reporting and follow-up, while ensuring compliance and addressing challenges as they arise. 

Learning Outcomes: 

By the end of this workshop, participants will be able to: 

• Select and Manage Outsourced Audit Teams: Effectively choose audit providers and manage relationships to ensure quality outcomes and adherence to timelines. 

• Enhance Communication and Collaboration: Implement clear communication channels and status reporting systems to streamline collaboration between internal teams and outsourced providers. 

• Monitor and Review Audit Progress: Conduct regular progress reviews, assess audit deliverables, and address any issues promptly to ensure high-quality results. 

• Ensure Compliance and Risk Management: Identify potential compliance risks, manage audit quality, and ensure that the audit process adheres to relevant standards and regulations. 

• Evaluate Team Performance: Assess the performance of outsourced teams based on audit quality, timeliness, and stakeholder satisfaction, and implement continuous improvement strategies. 

• Manage Budget and Costs Effectively: Plan and monitor audit budgets, control costs, and manage unforeseen expenses to ensure the audit stays within financial parameters. 

   

This program will provide participants with an understanding how to optimise outsourced audit management, ensuring audits are efficient, accurate, and aligned with organisational and regulatory requirements. 

CPE Points: 2 

Knowledge Level: Advanced 

Delivery Format: Facilitator-led training via Zoom (Note: This 2-hour workshop will be delivered via Zoom. Registrations will be strictly limited to 20 participants to allow maximum interaction in the online environment.)