The Institute of internal Auditors Philippines, Inc.

The Institute of Internal Auditors (IIA) Philippines is a professional organization dedicated to the advancement of the internal audit profession in the country. Our members, who work in internal auditing, risk management, governance, internal control, information technology audit, education and security, came from various industry or sectors in the Philippines and belong to a global network of almost 200,000+ professionals from more than 170 countries and territories sharing a common vision of a global profession of internal auditing.

The Institute of Internal Auditors Philippines Inc. (IIAP) was registered with SEC in 1982 and formerly known as The Institute of Internal Auditors, Inc. – Manila Chapter. It was founded on August 14, 1948 by Mr. Santiago F. Dela Cruz Sr. along with a small group of accountants actively engaged in the profession. Mr. Dela Cruz, who is considered to be the moving spirit of the association, is the same man who, two years earlier than IIAP, co-established the Philippine College of Commerce and Business Administration (PCCBA) which we now know as the University of the East.

The IIAP despite some struggles during its formative years was able to attain full-fledged stature as a professional association upon earning its “Institute” status from The Institute of Internal Auditors (IIA Global) in 1990. At the time, IIAP is 1 of the 6 (six) chapters in the Pacific Region (others were in Bombay, Tokyo, Sydney, Melbourne and Ceylon). On its 75th Anniversary Celebration and Global Business Meeting last 16-17 July 2016 at New York Hilton Midtown, the IIAP was acknowledged as the 3rd Chapter organized by the IIA Global since the latter’s founding in 1941 still then headquartered in New York City, USA

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Event Details

Objective (s):

The participants will be introduced and gain a better appreciation of the standards, frameworks, actual and "best practices", challenges, insights, references, various tips and techniques, and trends in managing the IT Audit Functions.

What You Will Learn:

I. Understanding the Mission, Requirements and Challenges of the IT Audit Functions

  • General Standards
  • Audit Committee and Audit Charter
  • IT Steering Committee, CAE and Management Expectations
  • Regulatory Requirements
  • Traditional (or Cyclical) versus Continuous Auditing

II. Strategic IT Audit Planning

  • Establishing the Audit Universe

i. IT Asset Inventory

ii. Application Controls (IT and EUC)

iii. General IT Controls

iv. Planned and Ongoing Projects (Pre-implementation Reviews)

  • IT Strategy

i. Short Term Audit Schedule

ii. Long Term Audit Schedule

  • Conducting Risk Assessment and Determining the Priorities

i. Risk Factors

ii. Rating Criteria

  • IT Audit Engagements (types, challenges and implications)

III. Resource Management

  • Matching IT Audit Plan versus Resources
  • Attracting, Screening, Hiring and Retaining Talents
  • Training of IT Auditors
  • Equipping the IT Auditors

i. IT Tools (CAATs, VA, etc.)

ii. IT Audit Manual

iii. Library of References

i. ISACA's COBIT 2019

ii. ISACA's ITAF 4th Edition

iii. ISACA's Code of Ethics, Control Journals, free online courses, Whitepapers and Audit Programs

iv. NIST Guidelines

v. PMI's Foundational Standards (including PMBook 6th Edition, Risk Management, Business Analysis, etc.),

Practice Standards, and Practice Guides


vii. (ISC2)'s Continuing Education Programs

  • Outsourcing or Co-sourcing Considerations

IV. Engagement Management

  • Performance Standards
  • Initial Planning and Risk Assessment

i. Review of Previous Audit Working Papers

ii. Survey - Gather Additional Information from Auditees

iii. Develop or Revise Audit Programs

i. Objectives

ii. Risks and Controls Matrix

iii. Scope / Coverage

iv. Detailed Procedures

  • Fieldwork

i. Kick-off Meeting

ii. Staff Assignment and Supervision

iii. Walkthrough Activities

iv. Risk and Control Assessments

v. Follow-up of Previous Audit Issues and Recommendations

vi. Determining the Initiatives and Improvements made by the Auditee

vii. Using the Work of Other Experts

viii. Irregularities and Illegal Acts

  • Reporting

i. Standards and Guidelines

ii. Exit Conference

iii. Overall Audit Rating Criteria

iv. Initial Conclusion (Tentative) and Final Rating

V. Follow-up Activities

  • Open Issues Monitoring (Aging)
  • Validation of Resolutions
  • Frequency of Reporting

VI. Consulting and Other IT Audit Services

VII. Emerging Trends, Agile Auditing and Audit Management Automation

VII. Question and Answer Session

Number of CPE Units : 7

Cancellation & Substitution Policy

  • Cancellations received less than 24 hours prior to the event or after receiving the final confirmation email and zoom link will be charged a cancellation fee, which is 50% of the registration fee.
  • Substitutions are allowed within the same event without incurring a cancellation fee. (Rate should be the same, if not, difference should be paid)
  • No show registrants will be charged 50% of the registration fee.


Reginald Nery (Senior Vice President and Chief Audit Executive at Bank of Commerce)

Reginald Nery

Senior Vice President and Chief Audit Executive at Bank of Commerce


Public Price₱2,990


Public Price₱3,990

Member - CPE Bundle Promo

Member Price₱2,990

Non - Member - CPE Bundle Promo

Public Price₱3,990