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Overview
The ISO 55001 Internal Auditor Training is designed for professionals in asset management, focusing on auditing practices to enhance organisational efficiency. Internal auditing ensures compliance with ISO 55001 standards, fostering continual improvement in asset management systems.
The course provides in-depth knowledge of auditing principles, audit planning, reporting, and corrective actions. Delegates learn how to identify asset management risks, improve processes, and support business goals through robust auditing practices.
This 4-Day course by MPES offers an interactive learning experience with real-world case studies and practical exercises. It is ideal for professionals aiming to advance their careers by becoming certified internal auditors for ISO 55001.
Course Objectives
- Develop a comprehensive understanding of ISO 55001 asset management principles
- Master auditing techniques for internal asset management system audits
- Conduct effective audits, from planning to reporting and corrective action implementation
- Identify asset management risks and opportunities for process improvements
- Ensure asset lifecycle optimisation through compliance with ISO 55001 standards
- Collaborate effectively with teams to ensure audit findings drive improvement
Upon completion, delegates will have the skills needed to lead internal audits, improve asset management processes, and ensure compliance with ISO 55001, supporting organisational success.
Average completion time
2 Monthwith unlimited support
100% onlineStart anytime
Study At Your Own PaceCourse Includes
Course Details
Develop your understanding of essential financial, business and management accounting techniques with ACCA Applied Knowledge. You'll learn basic business and management principles and the skills required of an accountant working in business.
Entry Requirements
Professional Background: Candidates should have experience in asset management, quality management, or auditing roles. A basic understanding of ISO standards is recommended.
Language Proficiency: Learners should have a strong command of English, as course content, discussions, and assessments are delivered in English.
Interest in Asset Management: This course is ideal for individuals seeking to advance their careers in asset management, ensuring operational excellence through robust auditing.
Learning Outcomes
Master Internal Audit Practices: Learn how to perform comprehensive internal audits aligned with ISO 55001 requirements.
Improve Audit Reporting Skills: Understand how to create precise, actionable audit reports for asset management systems.
Enhance Risk-Based Auditing: Identify potential risks in asset management processes and propose corrective actions.
Manage Audit Projects: Plan, execute, and manage internal audit activities effectively, ensuring compliance with deadlines.
Implement Continuous Improvement: Drive process improvements through data-driven audit findings and corrective measures.
Evaluate Audit Effectiveness: Assess audit outcomes, refine auditing strategies, and ensure continual improvement in asset management systems.
Target Audience
- Asset Managers
- Internal Auditors
- Quality Assurance Managers
- Maintenance Managers
- Compliance Officers
- Risk Managers
- Operations Managers
- Consultants and Advisors
The ISO 55001 Internal Auditor Training is ideal for professionals involved in asset management or auditing roles, including:
Course content
- Introduction
- Scope
- Normative Reference
- Terms and Definitions
- What is an Asset Management System?
- Importance of Asset Management
- How Does Asset Management Work?
- Why Use an Asset Management System?
- Developing a Strategic Asset Management Plan
- Benefits of Asset Management
- Financial Asset Management
- Enterprise Asset Management
- Infrastructure Asset Management
- IT Asset Management
- Digital Asset Management
- Software Asset Management
- Understanding the Organisation and its Context
- Understanding the Needs and Expectations of Stakeholders
- Determining the Scope of the Asset Management System
- Asset Management System
- Leadership and Commitment
- Policy
- Organisational Roles, Responsibilities, and Authorities
- Introduction
- Planning
- Acquisition
- Operation and Maintenance
- Disposal
- Asset
- Asset Usage
- Asset Reuse
- Robust Asset
- Reusable Asset
- Ad-Hoc Reuse
- Engineered Reuse
- Introduction
- Internal Auditor (IA)
- Internal Audit Process
- Types of Internal Audit
- Internal Audit Functions
- Internal Auditor Vs External Auditor
- Planning Process
- Audit Universe
- Risk Assessment Methodology
- Strategic Audit Plan
- Annual Audit Plan
- Execution
- Audit Engagement
- Audit Objectives and Scope
- Audit Program and Working Papers
- Assessment, Evidence, and Supervision
- Closing Meeting
- Reporting
- What is Assets Auditing?
- Objective of Asset Auditing
- How to Perform an Asset Audit?
- Benefits of Asset Auditing
Module 1: Introduction to ISO 55001
Module 2: Asset Management System (AMS)
Module 3: Types of Asset Management
Module 4: Context of the Organisation
Module 5: Leadership
Module 6: Asset Lifecycle
Module 7: Asset Management Terminology
Module 8: Internal Audit
Module 9: Audit Planning
Module 10: Asset Auditing
MPES Support That Helps You Succeed
At MPES, we offer comprehensive support to help you succeed in your studies. With expert guidance and valuable resources, we help you stay on track throughout your course.
- MPES Learning offers dedicated support to help you succeed in Accounting and Finance courses.
- Get expert guidance from tutors available online to assist with your studies.
- Check your eligibility for exemptions with the relevant professional body before starting.
- Our supportive team is here to offer study advice and support throughout your course.
- Access a range of materials to help enhance your learning experience. These resources include practice exercises and additional reading to support your progress.
Career Growth Stories
MPES Learning offers globally recognised courses in accounting,
Arvy Pasanting
As a qualified accountant, studying with MPES has been very rewarding experience. Its team of passionate and dedicated mentors gave me the confidence and knowledge I needed to not just at excel in my current role as an auditor, but also inspired me to expand my horizons. I am very grateful of the support I was given where the skills I gained extended beyond just passing exams and learning about accounting principles - it allowed me to take on roles that benefit the wider community.
Arvy PasantingDavid Ford
I was recommended MPES after searching for a way to pursue a career in the accounting profession, I have studied with them throughout my journey utilising both their “in class” and online learning opportunities that fit around the needs of my employer, I have found them to be consummate professionals delivering first class accounting courses with support always available.
David FordAaron Allcote
As a finance officer, MPES has been a huge help in understanding the process of recording and processing transactions from all different perspectives. The courses are very easy to follow, and the training they provide can be applied to real-life scenarios. The courses have been a huge help for me, and I would highly recommend them.
Aaron AllcoteBob Beaumont
I completed all of my ACA studies with MPES and I think you would struggle to find a better training provider anywhere in the British Isles. MPES' tutors are excellent both at delivering training and giving individualised feedback and coaching. the supporting materials and the out of class support are also great.
Bob BeaumontGeorge Evans
The Financial Risk Management Course at MPES was invaluable in deepening my understanding of risk assessment and mitigation strategies. The hands-on learning approach allowed me to apply new concepts directly to my work. I highly recommend it for professionals in finance.
George EvansJames Robinson
As a financial consultant, I am always seeking ways to enhance my expertise. The Investment Analysis Course at MPES exceeded my expectations, offering practical skills and knowledge that I can apply immediately in my consulting work. It's an outstanding choice for professionals in finance.
James RobinsonLaura Bennett
The Corporate Finance Course I attended at MPES was transformative. The depth of knowledge shared by the instructors and the relevance of the topics covered have directly impacted on our financial strategy. I strongly endorse this program for anyone in a leadership position in finance.
Laura BennettEmma Johnson
The Financial Modeling and Valuation Course at MPES was incredibly insightful. The practical applications and real-world examples helped solidify my understanding of complex concepts. I highly recommend this course to anyone looking to enhance their financial acumen.
Emma JohnsonNeed help with your ACCA course?
Our course advisors are here to help guide you and ensure that you choose the right course for you and your career journey.
Have Questions? We’ve Got You
If you have any questions, we’re here to help. Find the answers you need in the MPES detailed FAQ section.
Q. What is the primary focus of the ISO 55001 Internal Auditor Training?
The course equips professionals with auditing skills specific to ISO 55001 asset management systems. It covers audit planning, execution, reporting, and improvement processes, enabling professionals to ensure compliance and operational efficiency.
Q. What will I learn during the training?
Delegates will gain expertise in audit planning, conducting audits, reporting findings, and implementing corrective actions. The course also covers risk-based auditing and process improvement techniques to support asset management goals.
Q. Who is this course intended for?
This course is ideal for asset managers, internal auditors, and professionals in asset-intensive industries seeking to advance their careers by becoming certified internal auditors for ISO 55001.
Q. Will this training provide practical experience with auditing tools?
Yes, the course includes practical exercises, case studies, and real-world scenarios that allow learners to apply auditing techniques and best practices.
Q. How does this course benefit my career in asset management?
The training enhances auditing and process improvement skills, making you a valuable asset to your organisation. It opens career advancement opportunities, including leadership roles in asset management, compliance, and operations.
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