Course Description

Synopsis:

This e-learning course is designed to provide participants with a comprehensive understanding of internal audit and the strategies necessary to enhance organisational efficiency and accountability. 

Spanning two-part sessions, the course delves into the foundational principles, standards, and best practices of internal audit. Participants will learn how to effectively plan, conduct, and report on internal audits, with a strong emphasis on risk management and practical applications. Participants will also gain the skills and knowledge to conduct effective internal audits that drive continuous improvement and organisational success.

Part 1 of this course will cover the introduction to internal audit, standards and best practices.

Module 1: Introduction to Internal Audit 

• Overview of Internal Audit
• The Role of Internal Audit
• The Internal Audit Process

Module 2: Internal Audit Standards and Best Practices

• International Professional Practices Framework (IPPF)
• Generally Accepted Auditing Standards (GAAS)
• International Standards on Auditing (ISA)
• Best Practices for Internal Audit

Part 2 of this course will focus on the risk management aspect in internal audit and the execution of internal audits. Don't forget to watch the Art of Internal Audit (Part 2).

Intended For:

• Audit Professionals / PAIP
• Finance Professionals/ PAIB

This module will be relevant to professionals from audit and consulting firms that provide financial, internal audit, external audit and risk assurance services.

Competency Mapping: 

• CPE Category 3 = 1.0 CPE Hour