Internal auditing is an important and pragmatic process which can be of significant value to all commercial enterprises. This course will serve as a roadmap to the understanding and efficient operation of the internal audit profession.
Learning Objectives:
The objective of this course is to explain the role and significance of internal audit in today’s business environment and to clarify its purpose, procedures, and benefits. By the end of the course, the learner will be able to:
- Describe the general purpose and role of the internal auditor
- Identify and explain the steps required to conduct an internal audit review
- Discuss the relation of Information Technology (IT) to the audit process
- List the skills required of an IT auditor
- Describe how the internal audit function works with the audit committee
- Identify the roles of the audit committee
- Describe how various companies around the world operate the internal audit function
Estimated Course Duration: 90 minutes (1.5 CPE)
Delivery Method: Online Self-Study
Field of Study: Auditing
Program Level: Overview
Advance Preparation/Prerequisites: None
Program Content:
The role of the internal auditor
- Improve effectiveness of following processes
- Risk management
- Control
- Governance
- Role of the Institute of Internal Auditors (the IIA)
- Difference between internal and external auditors
- Advantages of outsourcing/co-sourcing internal audit function
The process of internal auditing
- The IIA’s Professional Practices Framework
- Planning
- Execution
- Reporting
- Monitoring and follow-up
Internal Audit and IT
- IT Risks
- IT General Controls
- Application Controls
- IT Audit skills
Internal Audit and the Audit Committee
- Relationship between Internal Audit and Audit Committee
- Role of Audit Committee
Internal Audit around the world
Download PDF Course Description
In order to earn CPE credit, you must complete the training module within one year of enrollment and score 70% or above on the Final Exam.
Complaint Resolution Policy/Refund Policy:
For more information regarding refund, complaint and program cancellation policies, please contact our offices at (866) 923-8513 or if outside the U.S., please call +1 (925) 598-7771. You may also email us at knowledgeleader@protiviti.com.
Protiviti is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.