Date/Time
Date(s) - 12/06/2023 - 15/06/2023
8:30 am - 3:30 pm

Location

Course Overview

The Human Resource function plays a vital role in business continuity, through its key role in ensuring the human element is available and capable in achieving corporate objectives. There are many different processes within the Human Resource function that need to be working effectively to ensure that this function’s role is truly optimized. This seminar provides internal auditors with the knowledge to audit these Human Resource processes from different perspectives, based on the below outline:

General

• Understanding the Human Resource Function
• The Governance of the Human Resource Function.
• Human Resource Committee Effectiveness
• Human Resource Strategy
• The Role of the Board of Directors in the Human Resource Function
• The Internal Audit Execution Methodology

Scope of Work

• Human Resource Management System (HRMS)
• Manpower Planning
• Job Grading Structure
• Succession Planning Processes
• Recruitment Processes
• Training & Development
• Talent Development & Identification
• Job Description Development and Maintenance
• Performance Management (Including Senior Management)
• Compensation & Benefits
• Payroll
• Maintenance and Updating of Payroll Register
• Employee files / Personnel Records
• Travel and Per diem Policies
• Special Employee Benefits
• Attendance
• Code of Conduct & Confidentiality
• Resignation / Termination / Retirement of Employees
• Leave Calculation & Monitoring
• Management Training Programs
• Employee Induction Program
• Job Vacancies Management
• Employee Loans
• Compensation for Senior Executives (Remuneration Committee Effectiveness)
• Employee Turn Over and Absenteeism

Understanding the Human Resources Process

• Preparing for the Audit
• Developing the List of Requirements
• Conducting the Desktop Review
• Conducting Understanding the Process Meetings
• Key Areas of Focus During the Understanding Process
• Identifying Control Design Deficiencies

Developing the Human Resource Audit Risk & Control Matrix

• Identifying Process Risks
• Identifying Controls that Mitigate Process Risks
• Documenting Testing Procedures to Assess Effectiveness of Identified Controls

Internal Control Testing

• Sampling Selection
• Testing of Internal Controls
• Documenting Audit Test Results

Internal Audit Reporting

• Conducting the Exit Meeting
• Developing the Internal Audit Report
• Sample Human Resource Audit Observations

Objectives

• Understanding process risks to be considered during HR audit
• Identify the different types of internal controls that are designed for a typical Human Resource Function
• Apply the internal audit execution methodology to a typical HR audit exercise
• Identify typical HR internal audit issues
• Understand key challenges faced when conducting a Human Resources Audit

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