HLB Mont Audit doo, in collaboration with the Montenegrin Educational Center and the Institute of Internal Auditors of Montenegro  from Podgorica, is organizing an expert training/certification program for obtaining the professional title “External Quality Assessment Expert” in accordance with the IIA Standards.

We organize specialized certification for practitioners from internal audit, external audit, IT sector, regardless of whether they come from the civil or public sector.

The participation fee for the certification cycle is 700 € per candidate.

The lectures are conducted in Montenegrin language with provided simultaneous translation into our language. By participating in this specialized certification cycle, you earn 16 CPE credits.

We conduct the training ONLINE, so you can participate in the training and obtain the mentioned professional title without physically attending the training, accessing it from your computer from any remote location. After attending the lectures, it is mandatory to take a test, which is also conducted online, at a time agreed upon with our administration.

In accordance with IIA Standard 1312-EXTERNAL ASSESSMENTS, external assessments must be conducted at least once every five years by a qualified, independent assessor or assessment team. The Chief Audit Executive must discuss with the board: the need for more frequent external assessments; and the qualifications and independence of the assessor or assessment team, including any potential conflicts of interest.

To obtain the IIRCG Specialist Certificate with the title “Expert in External Quality Assessments” in accordance with the requirements of the IIA, you need to fulfill the following conditions:

Education

Option 1.

  • You hold a CIA/CGAP certificate or an IIRCG certificate as “Certified Internal Auditor” or a certificate from the Ministry of Finance for the position of “Certified Internal Auditor in the Public Sector” or you are involved in the CIA or IIRCG/MF certification process, with the note that the IIRCG expert certificate for external assessment may be awarded to the candidate only after obtaining the mentioned certificates.
  • Candidates who do not meet the above conditions can participate in the certification process to obtain the IIRCG title “Expert in External Quality Assessment” if they hold a certificate equivalent to “Certified Internal Auditor” (or are involved in the process of obtaining it) from any national institute, either domestic or international, which is a member of the Global IIA, or from a national Ministry responsible for certifying internal auditors in the public sector.

Option 2.

  • You possess a “Certified Public Accountant (CPA)” certificate; a certificate for the title of “Certified Accountant” or “Certified Auditor”; (CISA – Certified Information Systems Auditor) certificate, or you are involved in the certification process to obtain these titles, with the note that the IIRCG expert certificate for external assessment can only be awarded after obtaining the “CPA” or “Certified Accountant” or “Certified Auditor” or “CISA” titles exclusively through the organization of a national institute (domestic or foreign) that is a member of IFAC/ISACA orga.nizacije.

Work experience

  • The candidate is required to prove that they have a minimum of 3 years of work experience in internal audit by completing the work experience confirmation form which you can download here…

Topics Covered on the First Day of Lectures:

  1. Assessment of the Internal Audit Position in the Organization
  2. Evaluation of the Quality of Human Resource Management
  3. Assessment of Technology Use for Audit Purposes
  4. Evaluation of Strategic and Annual Plans
  5. Assessment of Internal Audit Engagement Implementation
  6. Evaluation of Communication Channels with Shareholders/Owners Representatives
  7. Framework for Assurance on the Quality of Internal Audit Implementation
  8. Establishing a Quality Assurance and Improvement Program for Internal Audit Implementation
  9. Self-Assessment Process with Independent External Assessment
  10. Complete Process of External Assessment of Internal Audit Implementation
  11. Planning Guides for External Assessment Activities, including:

a) Necessary Information as the Basis for External Assessment and a List of all Documents to be Provided to the External Assessor to Conduct the Assessment

b) Examples of Surveys Conducted by the External Assessor During the External Assessment Process.

The topics covered on the second day of lectures include:

   1.The guides used by the external assessor during interviews (with the Chief Internal Auditor, Audit Committee Chair, Board of Directors members, Senior and Operational Management members, internal audit staff, external audit team members).

Evaluation of the Internal Audit Work Program:

a) Management of the internal audit process,

b) Internal audit staff,

c) Internal audit management process,

d) Tools for preparing the Internal Audit Activity Map.

2. Preparation of a summary of the conducted external quality assessment.

Preparation of the External Quality Assessment Report:

a) Specification of observation subjects,

b) Reporting on the samples used for the purposes of a comprehensive external quality assessment,

c) Final report on the conducted external quality assessment in accordance with IIA standards.

Submission of the certificate issuance request:

The candidate is required to, after attending all lectures and successfully passing the online test, fill out the “Request for Issuance of the Specialist Certificate for obtaining the IIRCG title Expert in External Quality Assessment”, which is submitted to the Institute of Internal Auditors of Montenegro, and submit it along with the accompanying documentation to the administration.

SPEAKER INFORMATION:

Mag. Norbert WAGNER,
AUSTRIJA

 

He has been the Executive Director of IIA Austria for many years and is a Member of the Board for International Relations of the European Confederation of Institutes of Internal Auditing (ECIIA). He has served as the Executive Director of the Austrian Railway and is currently the Director of the Academy for Internal Auditor Training in Austria.

He is a representative of the Global Institute of Internal Auditors for training in the field of external assessment of internal audit quality.

He has been a speaker at numerous international conferences organized by national institutes of internal auditors from around the world.

ONLINE APPLICATION FOR CERTIFICATION