Internal Audit: a Guide for Management
What you'll learn
- What is Internal Auditing: understanding the principles and vocabulary
- The goals and scope of Internal Auditing
- The role and position of Internal Auditing within the Governance, Risk Management and Control structure
- The fundamental differences between external and internal auditing
- What are the professional standards that govern Internal Auditing
- How to ensure independence and objectivity of the Internal Audit function
- The sourcing and funding models of an Internal Audit function
- How to set up an effective Internal Audit function
- What is the Internal Audit Charter
- Internal Audit processes and methodology
- Hot to interpret Internal Audit reports
- What are the benefits and value added of Internal Auditing
- The outlook and future developments of Internal Auditing
Requirements
- No specific requirements but understanding the principles of governance, risk management and finance will be beneficial.
Description
This course has been designed for professionals in various real-life situations, who are not necessarily specialists in internal auditing, but who need and wish to obtain a concise and structured understanding of internal auditing.
First, it is made for members of the board of directors and management of organizations at various levels. For example, you are a member of the board of directors or an audit committee of an organization and you are responsible for the oversight of the internal audit function. Or your company wishes to outsource an internal auditing function and you need to understand the criteria to properly procure the service. Or, you are preparing for a promotion or for a temporary assignment with the internal auditing function.
The second target audience is professionals changing careers who are considering a career in internal auditing.
It will also benefit those preparing for the Certified Internal Auditor exams. If you are preparing for the CIA exams, especially at the end of your preparation, you wish to go through additional materials which might look at the topic from a different angle, or from a more practical perspective.
In this course, you will learn about:
The definition and scope of internal auditing;
The professional standards that govern internal auditing;
How does internal audit outsourcing and co-sourcing work;
What are the main elements of the internal audit process and methodology;
How to structure and/or understand internal audit engagement reports;
The evolving role and future outlook of internal auditing.
I invite you to watch the promo video of the course for more information!
Who this course is for:
- Management of organizations at various levels who need to ensure compliance with Internal Auditing requirements
- Professionals changing career who are considering a career in Internal Auditing
- Those preparing for the Certified Internal Auditor exams
Instructor
- 4.3 Instructor Rating
- 1,973 Reviews
- 6,977 Students
- 2 Courses
I hold a Master's Degree in Finance, studied International Relations in France and Anti-Money Laundering in the UK. Started my career in tax consultancy and in 2018 moved to Malta. Since then I am deeply involved in the fields of Anti-Money Laundering Compliance and Internal Auditing.
I obtained the International Diploma in Anti-Money Laundering from the International Compliance Association (ICA) and hold the Certified Internal Auditor qualification by the Institute of Internal Auditors (IIA).
My hobbies are photography and hiking.