
Who and what is this course designed for?
Understand how internal auditing uses independence and objectivity to provide assurance and consulting services, assess risks, and prevent issues that hinder governance and operations.
learn how internal auditors evaluate and improve risk management by examining how a company identifies, assesses, manages, and controls risks to achieve objectives within business context.
Auditors evaluate and improve risk management and control processes by examining management actions at department or transaction levels, including preventive and corrective controls.
Explore independence and objectivity in internal auditing, defined by the Institute of Internal Auditors and rooted in facts and evidence to avoid emotion-driven conclusions.
Identify the three lines of defense against risk: management controls as the first line, the second line challenging them, and internal auditors as the third line reporting to the board.
Learn the step by step internal audit process in procurement, from kickoff and understanding processes to risk mapping, testing controls, reporting findings, and the exit meeting with management.
Develop integrity, objectivity, independence, and professional care to add value and improve operations. Adapt to diverse environments, communicate effectively, think logically, improve audit quality through continuous improvement and risk-based assurance.
Tired of presentations and courses that read from a book? This course aims to do the exact opposite. I want you to expand your knowledge on Internal Auditing and more importantly be able to use this newly founded knowledge in an informal conversational manner. The purpose of this course is for you to ace your job interviews, excel as an Internal Auditor, and prosper through your studies.
The fundamentals of Internal Auditing have been broken down in an extremely simplified manner. This course strikes a good balance between theory knowledge, and practical real-life examples from on-the-job experience with one of the renown global auditing firms. The majority of challenges I faced during my first 2 years of working as an Internal Auditor were due to my lack of knowledge, which could have been easily remediated through a simplified course like this. I am hopeful that this course will provide both aspiring Internal Auditors, and current Internal Auditors, with the knowledge they need to skip through the initial challenges I faced.
The course also ends by giving you an indication as to what I believe are characteristics that define a great Internal Auditor. I can guarantee you that technical expertise will come with time. However, characteristics and personal traits will not. You are either born and brought-up with them, or have to spend extra time developing yourself in a way that is congruent with favorable characteristics. Use this course to note down what these characteristics are, and find out what you may have to potentially work on outside of the Internal Auditing realm.
I want to see you prosper, and I am hopeful that this course will allow you to do just that!