How to Conduct Internal Audit Step by Step Process

In this video, i have covered a detailed process of How to conduct an internal audit from step 1 to step 7
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[@obehiokojie4066]

You just compressed all what I have been struggling to understand for over two months now, and you delivered it with great clarity and understanding. Thank you, Prabh.

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@nkafupynpoint4254]

Simply put. You are God sent. Your delivery is second to none.

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@Abdul-dy7om]

This is awesome, thank you very much Prabh Nair

[@iliasahm]

Your selection of topics is what makes you stand out from d rest.

[@PrabhNair1]

thanks bro

[@fahmad2012]

5:27 Receive Assignment to audit Change Management process 01> 05:38 Send Announcement letter 02> 07:25 Plan the pre audit meeting and interview dept. personal 09:27 & 09:49 Sent the ??????? 03> 10:20 Prepare Audit Plan Memorandum 04> 12:19 Prepare Risk Control Matrix (Pre RCM) 05> 13:14 Field Work 13:53 Collect the sample CISA technique 06> 17:21 Prepare report final stage of audit 07> 18:06 Prepare Risk Control Matrix (Post RCM) 08> 18:21 Draft Audit Report from Post RCM 09> 19:14 Share the first audit draft to IA manager or head 10> 19:23 Share draft report to Auditee 11> 19:35 Need action plan on findings from auditee with due date 12> 20:33 Release the final Audit Report 13> 21:12 Follow up on findings Prabh good work, please share some link to view the necessary documents format as well for freshers.

[@PrabhNair1]

Thanks bro

[@fahmad2012]

@@PrabhNair1 Please mention what you have said at 09:27 & 09:49 as i mentioned in my comment

[@PrabhNair1]

@@fahmad2012 First of all for amazing timestamp and ( 09:27 & 09:49 ) talk about necessary documentation

[@amansingh-zi1lp]

Do u have any personal classes for freshers rather than you tube videos bro

[@mohdkhaledahmedmcschannel9995]

Bro please help me how to reach you

[@kaarthickcbz]

Audit preparedness awareness is important across all processes. Good one.

[@PrabhNair1]

thanks bro

[@miguelrodriguez97]

Great job explaining the process! Thank you!

[@raju737]

Wrs rfc

[@MegaJusttosee]

Thank you Prabh, Very well explained and then summerized.

[@PrabhNair1]

You're most welcome

[@vincentmboti]

Thank you so much for your explanation of internal audit.

[@balanp2874]

I have thoroughly observed this vedio and hence now I have become an Expert Internal Auditor from the scratch level.I got the cofidence to manage a new Internal Audit Job I am going to do next week onwards.I am really thankful to you Mr.Prabh Nair,Sir.Many more thanks to you.Wish you all Best in your Career.

[@PrabhNair1]

thanks a lot :)

[@parthdave5601]

Yes good guidance for internal auditor job role

[@MrCold940]

Great Video! Thanks!!

[@mayuloves]

This session on Audit is simply outstanding. This gives more insight on steps and procedures to follow who is new to Audit field. You make our life easy. Kindly do similar videos..

[@PrabhNair1]

thanks bro

[@karishmaagarwal4242]

U❤

[@payalkeshri2146]

Your video is really fruitful 👍

[@narayanas6043]

Great session and very useful, looking for more sessions for internal auditing, Thanks!

[@vikaschoudhary2512]

Your videos are amazing. Thank you

[@tanveenagpal]

The most detailed, accurate and outstanding video on Internal Audit. Good work done Prabh

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@anil4336]

Wow Amaizing Prabh ! Fantastic 👍👍👍👍👍👍👍👍👍👍👍

[@PrabhNair1]

Thanks Bro

[@naimat188]

Very informative video,,,,,Love and Respect from Pakistan

[@amitpandya5818]

it was very helpful, thank you

[@swapnalinimbalkar7455]

Extremely helpful video

[@mrsmasher1234]

Excellent piece

[@rv.jagadeeshbabu8991]

The session is super productive...Thanks for the understanding explination.

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@mansur2772]

Hi Prabh, you have been doing a great job in sharing your experience and giving guidance and direction. I am so happy to attend your sessions on youtube. Thank you so much and your efforts are much appreciated. Definitely I would encourage you to post such videos with real time examples and case studies and use cases. Thanks, my best wishes to you, Mansoor

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@awelenestor3041]

Dem ur video was amazing thanks alot

[@jackieo7113]

Excellent! Posting to my LinkedIn network!!!

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@kabelodelron5611]

You have broken down everything 🤝

[@tolusurisrinivasyadav]

Great explanation

[@pankajsonawane2756]

Perfect info.

[@jois25perez]

This was really good. Loved it

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@getanehhaile4553]

I am real impressed. I gained a lot from your lecture thank u so much Bro. God bless you

[@PrabhNair1]

thanks a lot :)

[@sajeedadihyat]

Superb explanation! Kindly do not add music(small feedback) , plz, all your information is Fabolous and easy to understand, too good!

[@folorunsoezekiel5975]

Very straightforward

[@PrabhNair1]

Thanks a lot

[@abhiraminp8681]

outstanding explanation 👍🏻

[@miguelalvarado1440]

Very well explained my friend. #Kudos

[@harinib5997]

Thank you for the wonderful video Prabh

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@parthisachin236]

Simply superb Brother... Plz keep continue

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@user-su9go9dc6f]

Its very essential and jest description; Thanks for nice delivery approach.

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@Obrempong1]

Excellent job and thank you so much

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@kamalpeeris2894]

Great one. Thanks

[@PrabhNair1]

Thanks a lot

[@all1n115]

Very helpful, God bless you

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@manuneethis9076]

Outstanding session in IT and really helpful to attend ITAudit Analyst role. Deep insights on IT audit. Thank you 🎉

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@Pareshrnjn1]

Amazing 😍😍

[@joeladlani7266]

thank you so much it is a good course to understand

[@PrabhNair1]

Thank a lot :)

[@oracam437]

Greatly Appreciate your professionalism in this video. Well executed. As well as well-spoken. Love the accent.😀

[@PrabhNair1]

thanks a lot :)

[@rishid3624]

Thanks for this information

[@PrabhNair1]

So nice of you

[@adeelayub5192]

Dear Prab, Hats off to you for giving such a magnificent and vibrant knowledge. Your valuable expression to outline the different topics are mind boggling and easy to understand. I got the admission in different institute in Pakistan but unluckily to get such lucrative information which you deliver in every video. I will keep praying you for having a bright future and have no worries in your life. Stay happy and always blessed.

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@adeelayub5192]

@@PrabhNair1 yes brother I have subscribed. secondly thanks for your worthy response. feel great honor for me. I have spent a lot of money taking admission to some institutes here but find as not as much I should do. every time I have to see your video for instance IP, Risk management content, and many more..please don't stop this wonderful support .

[@vishaldevrukhkar854]

Thank you for covering internal audit. Would like to hear more from you on audit. Thank you again!

[@PrabhNair1]

More to come! :)

[@msami8861]

Thanks Sir

[@80dakka]

Need more IS Auditing to be hands-on

[@mahmoudalshami1557]

Wow! you are unique really I'm happy to discover your channel

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@user-ox7md9xf7p]

Good 👍👍 keep making such videos very useful....

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@thekeshab2416]

Thanks sir.

[@SathishRajS-hg3vu]

its a clear cut of explanation 👍👍

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@prashantsawant4587]

Thanks very much Prab, for this nice video. Very well explained step by step & in detail.,... Great, that you have covered the important Audit documents as well used during the Auditing ... This truly helps a lot ... Thanks again !

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@mohdkhaledahmedmcschannel9995]

Bro want small help iam trying as IT audit.

[@Kibra150]

Thanks and it is excellent explanation on the internal audit process.

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@Kibra150]

Already subscribed and thanks.

[@AnandWattal]

Hello Prabh! Thanks for sharing this video! Have you created any video on ITGC controls? For a beginner what is ITGC and how to build a career in it?

[@jonthablaze1]

I am moving from a tax auditor to internal auditor type of role in government this was useful in understanding the IA steps. I hope to see more videos!

[@PrabhNair1]

Very Soon Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@sangeethan5527]

Very good explanation

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@nirmal4886]

👌👌🙏. I don’t know how you mange time work,training,& social media…

[@PrabhNair1]

:)

[@salumukamba2615]

very good

[@PrabhNair1]

Thanks a lot

[@user-zx4pp8fp7x]

GOOD

[@rakeshch5724]

Please post a video on compliance.

[@kesavankesa3934]

Great session and very useful, looking for more sessions, trainings for internal auditing, thanks

[@PrabhNair1]

thanks a lot :)

[@padigelavanya9186]

Hi sir I am new to IT audit please do videos on concepts and terminology how to do auditing really like practically show I have 0 knowledge on IT audit but by seeing your video I got some idea in internal.audit I request you to do more videos really how an auditor face issues in IT field

[@PrabhNair1]

My suggestion start with understanding iso27001 standard

[@somaramesh3290]

Please share related vidoes on this internal audit

[@AkhilNikhila]

Hi anna, can you explain about controls in Audit

[@mahmoudalshami1557]

Do you have playlist for this treasure?

[@TechVaniOfficial]

Hi can i get the PPT or PDF for the same ;-)

[@artiadwani4839]

Please post a video on risk assessment and management process too.

[@PrabhNair1]

sure

[@artiadwani4839]

@@PrabhNair1 thank you 🙏

[@ashrafsultana1719]

Pls. Make video of internal audit of an npo

[@cupiid4]

Sir could you please cover ITAC audit approach step by step will with dummy data like the reports, work papers and examples

[@chisomokavina107]

the course has details that i think would partly help me prepare for PECB 28000 Lead auditor exams

[@PrabhNair1]

Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@zuiokopl2256]

Now this is somthing useful. Can we have series like this for ISO27001 and demo templates for demo company audit and implementation?

[@PrabhNair1]

Sure :)

[@sssomendra]

Prabh Nair sir.. When we will have series on ISO 27K1 and CISA if have any Please share with me. Thanks in advance ☀️

[@midhun8117]

Hi Prabh....thank you for this video..could you please provide some sessions on Third Party Risk Management with some real scenarios. Thank you

[@PrabhNair1]

Sure

[@nitinkanchancs]

One quick question if sop contains the name of a person who is nomore with organisation , but process is same and not changed . Do they need to updated the Sop

[@sangamp6292]

I am into Change Managament and want to move into this role. Kindly advice how do i do it

[@samu4319]

Can you train someone to become an auditor?

[@sattarjabbar4121]

Next week I have test for iso

[@harinithota2337]

how to identify the system which is inscope for audit?

[@amitthagar6093]

How to do call centre audit some banking process

[@ashutoshverse]

Great content Prabh, can we have another video on control/ domains testing, would be very helpful for someone who wants to learn control testing.

[@PrabhNair1]

sure thanks a lot :)

[@tennismantra5459]

Prabh where is TOD and TOE in this ? Can you make a video on that pls

[@sankarramu7730]

How to conduct Data Centre audit. Please explain in detail like BCP audit video

[@Andynaik0273]

Risk management process, and assessment

[@PrabhNair1]

Sure

[@himanshu5948]

Great Learning Prabh Nair. Can u pls make a video on Internal Audit of a company in Process and Utilities industry. Thanks😊

[@PrabhNair1]

Sure Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@abdullahalnajadi2124]

what is the PRCM

[@nityalaya719]

what were the first two lines of defence sir...third one is audit ok

[@kishore4943]

Thank you very much sir for the session. I have a small additional request from my end sir i.e. Description of Industry specific internal audit programme will be too good for understanding in depth.

[@PrabhNair1]

Sure . Thanks a Lot Dear Keep supporting and Subscribe to Channel :)

[@80dakka]

Very useful explain , but what kind of app you’re using for draft report ( action plan) read and write area ?? MS word? Adobe??

[@PrabhNair1]

Ms

[@vasuraj9826]

Internal audit has future and job security please tell me sir

[@joeladlani7266]

Is there something specific about audit and ERP Governance? Thank you.

[@PrabhNair1]

Working on same

[@rahulp2644]

🙏🙏

[@PrabhNair1]

:)

[@sireeshapatnana2739]

auditor conducted internal audit TOD is failed what happened sir in this process TOE is conducted or not

[@Ad000121]

Excellent work I'm currently learning NIST 800 standard. Do you have a audit case study with evidence on how you conducted a audit . It would be really helpful

[@PrabhNair1]

Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@muthukumars7016]

Hello can you do session on how Audit was /is done on hybrid model? Considering Covid situation.. and has it made impact for good or bad.?

[@PrabhNair1]

Sure

[@kyunchahiye9680]

Sir,please do a video about the third party rism management or vendor risk management.Please please please sir.Please sir.

[@PrabhNair1]

pakka

[@nyla6856]

Please can you make more video regarding IT Audit, I like the way you explain it with case scenarios 💯

[@PrabhNair1]

Sure Thank You so Much for Your Kind Words. Do subscribe to channel for more update :)

[@syedsiddiq4450]

Is IT AUDIT at risk due to automation? Please reply.

[@arkapravachatterjee6214]

sir can you make a video on INFORMATION TECHNOLOGY GENERAL CONTROL.

[@PrabhNair1]

Sure

[@raju737]

Wts rfc

[@chimesmusic356]

Hi prabh - ive been working on external audit. So please excuse me if im wrong and correct me As per my understanding controls and relevant attributes will be already designed by the auditee management (change management head in this case) to cover up the risk and the auditors actually test if these attributes are met during test of design and op effectiveness. To my knowledge risks controls and attributes are not prepared by the auditors but by the auditee management as per the existing sop docs etc.dunno if in internal audit its the other way round. Please correct me if im wrong

[@PrabhNair1]

Hey Nitin you are absolutely right auditee prepares a control matrix but that is applicable when you are doing assurance audit and compliance.Internal audit perspective is completely difference because these audit are not based on any external standard that is why rcm prepare by internal auditor based on that they did audit and If internal auditor is depend on rcm of the auditee then objective does not met

[@robinsingh2756]

@@PrabhNair1 Want to add something RCM is drafted by Auditor in line with the identified key potential risk post kick-off call with process owner and understanding biz processes and using D.A......and exisiting controls put in by management to address the identified risks, being auditor we test the same on basis of the assertion level, controls design and op effectiveness (TOD & TOE). Also we categorise the control Frequency, it's nature(P OR D)

[@nigeladjei-mensah2564]

@@PrabhNair1 , may I please suggest that you clarify in your videos which perspective you're coming from and why the Internal Auditor's perspective may be different from External Auditor perspective. That way, folks don't mumble the two and get confused. Your videos are absolutely OUTSTANDING!! Thanks a good bunch.