MANAGEMENT AUDIT

November 6 - 9, 2023 / via Zoom

COURSE DESCRIPTION:

This Webinar aims to provide online learning that will enhance the knowledge and skills of the Internal
Auditors on the different concepts of audit key processes in Compliance and Management audits as outlined
in the IASPPS of COA and the Revised PGIAM 2020. It also aims to provide operational tools and templates to
be utilized by the Internal Auditors in the conduct of Management Audit.

COURSE OBJECTIVES:

• To provide guidance and assistance to the Internal Auditors in adequately discharging their statutory and
professional responsibilities in auditing their respective agencies;
• To provide the IAS auditors with the different concepts of audit key processes in Compliance and
Management Audits in relation with the principles outlined in the IASPPS of COA and Revised PGIAM 2020;
• To provide operational tools/templates for Management Audit for the Internal
Auditors to carry out the design, scoping, planning, reporting, and follow-up of its audits and reports;
• To provide the IAS auditors with the knowledge to manage the day-to-day work by providing reports to
the Management which add value to the organization’s operations; and
• To provide the IAS auditors with the techniques on root cause analysis to analyze the different audit
situations and to come out with an objective analysis on the given situation.

TARGET PARTICIPANTS:
The webinar is especially designed for government employees from NGAs, GOCCs/GFIs, LGUs and SUCs,
particularly those assigned in the internal audit, accounting, finance, treasury, budget, asset management,
general services, human resource management, corporate planning, operations systems developers,
procurement, legal, etc.

Those in the private sector especially those who have contracts/transactions with government or intend
to transact or do business with government are encouraged to attend this training course.

COURSE METHODOLOGY:
• Lecture-Discussion
• Workshop-Exercises
• Case Studies

DAY 1
SCHEDULE SESSION LEARNING OUTCOMES TOPIC CONTENT IN-CHARGE/
OBJECTIVES RESOURCE SPEAKER
7:45–8:10 AM ONLINE REGISTRATION
8:11–8:20 AM PRELIMINARIES
▪ Webinar House Rules MR. RAFFY M.
▪ National Anthem GUMBAN
▪ Doxology Training Assistant
▪ AGIA Hymn

8:21–8:30 AM OPENING REMARKS

▪ Orientation/ Leveling of Expectations COL MA VENE R
▪ Introduction to the Resource Speaker TACUBOY PAF (RET),
Assistant Auditor,
AGIA

ASSOCIATION OF GOVERNMENT INTERNAL AUDITORS, INC.

Unit 402 Merchant Square Condominium, 1386 E. Rodriguez Sr. Avenue corner Mabolo St. New Manila Quezon City
Website: www.agiaphil.org Email: [email protected] Facebook Page: @AGIAPhilippines
 Department
Manager
Internal Audit
Service
Civil Aviation
Authority of the
Philippines

8:31–10:00 AM Session 1: Enhanced knowledge on Rationale of the course and DR. ALICIA C.
Rationale: the overview of the major topics to be MANUEL,
Introduction of Compliance, discussed for 4 days (half Consultant
the training Management Audits. day session)

Overview of Definition of Compliance,

Compliance, Management Audits
Management
Audit Objectives

Framework

Control effectiveness

Distinction bet
Management review and
Management audit

Principles underlying
Compliance audit,
Compliance audit diagram,
steps in conducting
compliance audit

Enhanced knowledge on
Session 2: the concepts/ principles
Compliance and steps of Compliance
Audit Audit
10:01-10:10 AM AM BREAK
10:11-12:00 NN Cont. of Workshop/Group
Compliance presentation
Audit

DAY 2
SCHEDULE SESSION LEARNING OUTCOMES TOPIC CONTENT IN-CHARGE/
OBJECTIVES RESOURCE SPEAKER
7:45–8:10 AM ONLINE REGISTRATION
8:11–8:30 AM PRELIMINARIES
▪ Webinar House Rules MR. RAFFY M.
▪ National Anthem GUMBAN
▪ Doxology Training Assistant

8:31–9:30 AM Session 3: Enhanced knowledge on Procedures in the conduct DR. ALICIA C.

Procedures in how to conduct of Management specifically MANUEL,
the Conduct of management audit-Audit for Audit Engagement Consultant
Management engagement planning Planning
Audit- Audit and the utilization of the Determine the audit
Engagement templates to be objective, scope, criteria
Planning introduced. and evidence

ASSOCIATION OF GOVERNMENT INTERNAL AUDITORS, INC.

Unit 402 Merchant Square Condominium, 1386 E. Rodriguez Sr. Avenue corner Mabolo St. New Manila Quezon City
Website: www.agiaphil.org Email: [email protected] Facebook Page: @AGIAPhilippines
 Determine the resource
required for the audit and
the target milestones/dates

Develop the audit

engagement plan

Develop the audit program

Determine Key
Performance Indicators
(KPIs) of the audit
engagement

Approval of the audit

engagement plan and KPIs

Discussion on the Risk based

plan per IASPPS

Discussion on the inherent

and residual risks

Discussion on the evidence-

based approach as
enunciated in the Revised
PGIAM 2020
9:31-12:00 NN Cont. of Session Workshop/Group
3 presentation

DAY 3
SCHEDULE SESSION LEARNING OUTCOMES TOPIC CONTENT IN-CHARGE/
OBJECTIVES RESOURCE SPEAKER
7:45–8:10 AM ONLINE REGISTRATION
8:11–8:30 AM PRELIMINARIES
▪ Webinar House Rules MR. RAFFY M.
▪ National Anthem GUMBAN
▪ Doxology Training Assistant

8:31–9:30 AM Session 4: Enhanced knowledge in Procedures in the conduct DR. ALICIA C.

Procedures in the Conduct of of Management Audit- MANUEL,
the Conduct of Management Audit-Audit Audit execution Consultant
Management Execution
Audit- Audit Entry Conference
Execution Conduct compliance audit
Conduct system/process
audit
Exit conference

General approach in
conducting Management
Audit

9:31-12:00 NN Cont. of Session Workshop/Group

4 presentation

ASSOCIATION OF GOVERNMENT INTERNAL AUDITORS, INC.

Unit 402 Merchant Square Condominium, 1386 E. Rodriguez Sr. Avenue corner Mabolo St. New Manila Quezon City
Website: www.agiaphil.org Email: [email protected] Facebook Page: @AGIAPhilippines
 DAY 4
SCHEDULE SESSION LEARNING OUTCOMES TOPIC CONTENT IN-CHARGE/
OBJECTIVES RESOURCE SPEAKER
7:45–8:10 AM ONLINE REGISTRATION
8:11–8:30 AM PRELIMINARIES
▪ Webinar House Rules MR. RAFFY M.
▪ National Anthem GUMBAN
▪ Doxology Training Assistant

8:31–9:30AM Session 5: Enhanced knowledge in Procedures in the conduct DR. ALICIA C.

Procedures in the development of audit of Management Audits- MANUEL,
the Conduct of findings, audit Audit reporting Consultant
Management recommendations,
Audit-Audit preparation of draft audit Development of audit
reporting report and final audit report findings

Better understanding of the 4C’s in the formulation of

4C’s as components of audit findings
every audit observation
Development of Audit
recommendations

Relationship of “cause
portion” to the audit
Recommendations

Preparation of draft audit

report

Preparation of final audit

report

Executive Summary

Workshop
9:31-10:30 AM Cont of Session Workshop/Group
5 presentation
10:31-11:45 AM Session 6: Enhanced knowledge in Monitor implementation of
Procedures in the conduct of approved audit findings
the conduct of Management Audit- Audit and recommendations
Management Follow-up
Audit-Audit Management Action Plans
Follow up Enhanced knowledge in
the monitoring of Compliance to Audit
implementation of Recommendations (CaRe)
approved audit findings updates
and recommendations
using the template: CaRe CaRe assessments
(Compliance of Audit
Recommendations) Care Assessment ratings

Monitoring period
11:46-12:00 NN CLOSING REMARKS
▪ DIC Messages-Invites COL MA VENE R
▪ Photo Session TACUBOY PAF (RET),
▪ Announcement - Evaluation Link / E-Certificate Assistant Auditor,
▪ Thank you AGIA

MR. RAFFY M.
GUMBAN
Training Assistant

ASSOCIATION OF GOVERNMENT INTERNAL AUDITORS, INC.

Unit 402 Merchant Square Condominium, 1386 E. Rodriguez Sr. Avenue corner Mabolo St. New Manila Quezon City
Website: www.agiaphil.org Email: [email protected] Facebook Page: @AGIAPhilippines