Internal Audit School
This three-day course will discuss the establishment and execution of an effective and efficient internal audit program. Attendees will learn the objectives of internal audit, and helpful techniques to reach those objectives. Internal audit should be a value-added function and not just a “check the box” cost center. This course will teach attendees how to create and maintain a value-added internal audit function.
When
Where
TBA Headquarters
203 W 10th Street
Austin, Texas 78701
Schedule
8:30 – 9:00 AM
Registration & Breakfast
9:00 – 9:30 AM
Case Study Introduction
Meet the fictional bank, review its strategic plan, financial condition, risk profile, and organizational structure. Form teams.
9:30 – 10:30 AM
Internal Audit Fundamentals
Definition & Role of Internal Audit
Internal Controls
Three Lines Model
10:45 – 11:45 AM
Risk Assessment
Identifying Risk
Inherent vs. Residual Risk
Risk Assessment Methodology
11:45 AM – 12:30 PM
Case Study Exercise #1
Team complete a risk assessment and identify audit priorities
12:30 – 1:30 PM
Lunch
1:30 – 2:30 PM
Developing the Annual Audit Plan
2:30 – 3:15 PM
Audit Objectives & Scoping
3:30 – 4:45 PM
Case Study Exercise #2
Develop the annual audit plan, define objectives, and scope the engagement
8:30 – 9:00 AM
Breakfast
9:00 – 10:00 AM
Executing the Audit
Testing
Evidence
Workpapers
Professional Skepticism
10:15 – 11:00 AM
Fraud & Critical Thinking
Red Flags
AI-enabled fraud
Interview techniques
Root cause analysis
11:00 AM – 12:30 PM
Case Study Workshop #3
Perform testing, document workpapers, identify findings
12:30 – 1:30 PM
Lunch
1:30 – 2:30 PM
Writing Better Audit Reports
Risk ratings
Writing findings
Recommendations
Executive summaries
2:30 – 3:15 PM
Communicating with Management & the Audit Committee
Difficult conversations
Presenting findings
Following Up
3:30 – 4:45 PM
Case Study Workshop #4
Teams finalize their reports and present findings to a mock Audit Committee
8:30 – 9:00 AM
Breakfast
9:00 AM – 12:00 PM
The Future on Internal Audit: From Assurance to Strategic Advisor
AI & Internal Audit
Continuous Auditing
Data Analytics
Operational Resilience
Culture & Governance Risk
Emerging Risks
The Skills Every Auditor Needs
12:00 – 1:00 PM
Lunch
1:00 – 2:30 PM
Regulatory Panel
Current examination priorities
AI governance
Third-party risk
Cybersecurity
Common findings
What examiners wish auditors understood
2:30 – 4:00 PM
Technology Risk for Internal Auditors
Cybersecurity controls
Cloud Risk
AI Governance
Vendor Risk
Identity & Access Management
Data Governance
The registration fee includes online materials, breakfasts and lunches.
Cancellation/Refund Policy:
Cancellations or substitutions must be submitted in writing. Please email to education@texasbankers.com. Any cancellations received after September 28 or “no shows” will not be refunded. Extenuating circumstances are reviewed on an individual basis. Substitutions are permitted without penalty.
Nearby Hotels:
2026 Historic Driskill Hotel
Available to all staff, clients, contractors and retires. No Identification required
When booking online, Select Corporate or Group Code in the booking tool and enter 39833
The link below automatically inputs the company code into the booking tool so you can simply choose the “book” button when on the Hotel webpage.
Book Online Here
2026 Hyatt Centric
Available to all staff, clients, contractors and retires. No Identification required
When booking online, Select Corporate or Group Code in the booking tool and enter 39833
The link below automatically inputs the company code into the booking tool so you can simply choose the “book” button when on the Hotel webpage.
Book online here
The Stephen F. Austin Royal Sonesta
📌 Rate Code: BTR
📌 Booking Link: Booking Link – BTR
Omni Austin Hotel Downtown
📌 Rate Code: 45381685991
📌 Booking Link: Click HERE
A notebook with course materials will be provided onsite for each student. The hands-on curriculum features an in-depth case study project and class exercises.
Texas State Board of Public Accountancy: Pending approval. There are no educational prerequisites
ABA Professional Certifications: Pending approval.