The top 11 Internal Audit courses you need to take

1. Internal Audit For Beginners

4.8

(75)

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!...

2. Modern Internal Audit Leadership

4.5

(157)

This course explores the critical role of internal audit leadership in driving the corporate agenda of their functions and how they can effectively position internal audit at the pinnacle of value-addition un the organisation. The course endeavours to unmask the factors that make internal audit effective and a true value addition to the organisation.  From defining the hidden role of internal audit, effective functional leadership, to board communication, the course delves into the critical but not-so-obvious elements of corporate governance, corporate culture, team leadership, personal and team development, auditing standards, and building strong relationships with management and the board of directors. Beyond industry and global agents of change, the course seeks to integrate the professional mandate of internal audit with the modern industry and economic dynamics which no longer get identified by the traditional approach to internal audit, but rather through the modern lens of change and intentional adaptation. The internal audit leader (CAE) is the main focus of this course, to ensure they become the agents of change in their own teams and departments before attempting to spearhead audacious transformation of the business. Modern internal audit leaders understand that 'people' are the most critical agents of change, and they intentionally spend more time in cultivating valuable relationships with both decision makers and process owners to ensure that internal audit advisories have a strong fan base across the enterprise...

3. Internal Auditing Part I

4.3

(605)

Learn Internal Auditing and be able to audit any process withing a week. The sole objective of this course is to turn beginners in Internal Auditing to masters in only seven days! This course was created by Rethabiseng Erica Mosinyi, who has vast experience as an Internal Auditor in different industries. After this course you will be able to audit any process in any industry. It also can be used by those already in the field of auditing as a reference guide and if you are preparing for CIA (Certified Internal Auditor) exams, you definitely will need this. Besides the videos, we also have included course notes for you to print out or transfer to your gadget of choice for reading on the go. You will also find MP3 format audio for you to use. At the end of each section you will get the chance to test yourself with our quizzes before progressing to the next. This course should take a total of one week to fully understand the processes...

4. International standards on auditing(ISA)

4.4

(58)

This course is suitable for all international students who wish to pursue a career in auditing. The course covers all vital standards on auditing. This is a self explanatory course and all important aspects of the standards are taught at grass root level. Students are requested to study all the standards in order to get an expert level knowledge on the subject. The benefit of an audit is that it provides assurance that management has presented a 'true and fair' view of a company's financial performance and position. An audit underpins the trust and obligation of stewardship between those who manage a company and those who own it or otherwise have a need for a 'true and fair' view, the stakeholdersInternational Standards on Auditing (ISA) refer to professional standards dealing with the responsibilities of the independent auditor while conducting the financial audit of financial info. These standards are issued by International Federation of Accountants (IFAC) through the International Auditing and Assurance Standards Board (IAASB). The ISAs include requirements and objectives along with application and other explanatory material. The auditor is obligatory to have knowledge about the whole text of an ISA, counting its application and other explanatory material, to be aware of the objectives and to apply the requirements aptly. The standards cover various areas of auditing, including respective responsibilities, audit planning, Internal Control, audit evidence, using the work of other experts, audit conclusions and audit reports, and standards for specialized areas. The ISA objectives are two-fold: Analyzing the comparability of national accounting as well as auditing standards with international standards, determine the degree with which applicable auditing and accounting standards are complied, and analyze strengths and weaknesses of the institutional framework in sustaining high-quality financial reporting. Assist the country in developing and implementing a country action plan for improvement of institutional capacity with a view of strengthening the corporate financial reporting system of the country.1. Basics2. objectives of independent audit3. terms of engagement4. Quality control5. Working papers6. Fraud7. Audit evidence8. External confirmation9. Intial audit engagement10. Analytical procedures11. Audit sampling12. Related parties13. Subsequent events14. going concern15. Written representation16. Forming opinion17. KAM18. Modification of opinion19. EOM mater para20. Identifying and assessing ROMM21. Internal auditor22. Another auditorPlease read the contents of the course before purchasing...

5. Managing an Effective Internal Audit Function

4.2

(55)

The globalization of business, ongoing changes in technology, increased attention of shareholders and stakeholders and the continuing demands of the Audit Committee and senior management require a dynamic framework for managing today's internal audit department. This session, designed by a past Chief Audit Executive with significant exposure to a multitude of industries and internal audit frameworks, explores the key competencies and responsibilities of today's internal audit management and methods for meeting the requirements of the internal audit profession. We will also discuss some of the greatest challenges of the role and how to address those challenges. If you would like Continuing Education Credit (e. g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Keys to Managing an Effective Internal Audit Function. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an 'approved-by-the-governing-body' CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more...

6. How to Perform an Internal Audit

4.4

(72)

We are glad to bring you a course to learn how to perform an internal audit. This course is ideal for new or future internal auditors, as well as anyone who wants to learn how to assess operations, including people working in controls functions such as Risk Management, Internal Control, Compliance or Information Security. The course will give you the knowledge and tools necessary to perform internal audits, starting from how to plan them, how to perform and how to report on the results of the engagement. It is taught by Adrian Resag, an experienced Chief Audit Executive who has also been teaching for nearly 2 decades. You will learn: How to perform internal audit engagements. The workflow of internal audit engagements. To plan audits and determine their scope and objectives. Audit techniques for gathering information. To create process maps, working papers and risk-control matrices. To use statistical and non-statistical sampling methods and analytical tests. About the persuasiveness of information and about different types of evidence. About engagement supervision and performance appraisals for internal audits. How to write internal audit reports and communicate engagement results. About the acceptance of risks and the monitoring of progress. The course covers: Planning EngagementsUnderstand how to properly plan engagements by determining their objectives, criteria and scope. Create working papers which conform with the Standards and learn about different ways an internal audit can be staffed. Performing EngagementsLearn how to collect engagement information and then analyze and evaluate it. Learn how to supervise engagements. Communicating Engagement Progress and ResultsLearn how to communicate engagement results and the process of acceptance of risks. Learn how to monitor progress on the implementation status of internal audit recommendations...

7. Internal Audit: a Guide for Management

4.5

(1,333)

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!...

8. Lead Auditor Tools for a Professional Internal Audit

4.5

(1,979)

UPDATE FOR 2021    1-on-1 session with the instructor and e-mail supportBy having the skill-set of carrying out professional audits, you'll be able to INFLUENCE on the company priorities. You'll be the one to called when the company need to handle a customer audit, or certification audit or check a major supplier. Knowing how to do an audit, capable of reveal the company issues and handle them before the customer or certification auditor finds out about them, or to prevent the company working with the bad supplier. Be the one that everyone comes for look good for customers, auditors and for check suppliers. The one that is is involved in all the processes. How that would effect your professional career?Decide what quality professional you want to become. The only internal audit course with 1-on-1 online meeting with the instructor! Plus 2 months unlimited e-mail support. WHY DO YOU NEED AN AUDITING SKILL?An internal audit is an excellent PREVENTIVE tool for catching problems before the damage. An ineffective audit is a waste time and money to the organization. But if the audit will reveal the company shortcomings and helps saving on operation cost, this exactly what management will appreciate. Just imagine what impact it can have on your professional career, if you would carry out an effective audit, that would bring  a positive change. Having the skill-set to carry out a professional internal audit, is not only the best way to showcase your professional skills, but also extremely useful for promote change within your company and make it more profitable. WHY THIS COURSE?Do you know that studies show that you will forget more than 50% of what you learn within an hour, and over 75% by the end of the day?These studies also suggest that if you Practice, and the more you do something, the better you get at it, and the more you remember. If you look for REAL learning, then this course containing: Plenty of exercises, from REAL businesses, Solutions for the exercises. Here you  will really learn and not just pass time. The course also contains examples and case-studies. SOME OF THE COURSE TOPICS: Types of auditOptimal audit duration and contentWriting an audit planThe best audit opening everThe audit psychologyDo the best closingHandling feedback on the reportAnd so much more…These were the questions I asked, when carrying out my first audits, and all I got was vague guidelines, that weren't helpful. So, more than a decade later, after creating thousands of audits, I've created this course, so others don't go through the struggles I did. TAKE A FREE DRIVEBeing one click away from a practical course, that will give you the ability to carry out an internal audit as a pro, is an excellent place to be. You are welcome to watch all FREE preview videos - I made sure that you'll have at least one video for preview, in EVERY single section. Plus, you have a 30-day money back guarantee, to enable you to confidently enroll. See you in the course! Danielle...

9. Basics of ISO/IEC 17025:2017 & Internal Audit

3.9

(67)

ISO 17025 is the single most important standard for calibration and testing laboratories around the world. Learn all requirements of ISO 17025:2017 needed for all Calibration and Testing laboratories to get accredited as per ISO/IEC 17025:2017 Standard. ISO/IEC 17025:2017 is the standard which covers the General requirements for the competence of testing and calibration laboratories. The Standard ISO/IEC 17025 was first issued in 1999 by the International Organization for Standardization(ISO) and the International Electrotechnical Commission (IEC). ISO/IEC 17025 is the single most important standard for calibration and testing laboratories around the world. Laboratories/Companies that are accredited to ISO 17025 international standard have demonstrated that they are technically competent and able to produce precise and accurate results. As you know ISO 17025 is for any organization that performs testing, sampling, or calibration. This Standard also enables laboratories to demonstrate that they operate competently and generate valid results, promoting confidence in their work nationally and worldwide. The 2017 version drive more confidence in laboratory operations. The ISO 17025: 2017 enables laboratories to show they perform competently and impartially. The ISO/IEC 17025:2017 is also useful for accreditation purposes, self-assessment, or laboratory customers. An internal audit helps a company ensure it has the proper controls, governance and risk management processes operating effectively as per ISO 17025 Standard. simply put, an internal audit is an independent activity designed to objectively evaluate the effectiveness of an organization's internal controls, risk & opportunity management. After the report is complete, it is analyzed by the internal auditor to make relevant suggestions for the affected departments and management...

10. Writing Highly Effective Internal Audit Report In < 60 Days

3.9

(216)

In this course, you will learn - The components of an Audit Finding (Condition, Criteria, Cause, and Effect) and how to organize the flow of thought to write a clear and concise Audit Finding in accordance with the Institute of Internal Auditors' International Standards for Professional Practice of Internal Auditing (IIA's Standards). Case studies included; - How to get rid of irrelevant information in writing an Audit Finding; - How to write an Audit Recommendation, addressing the Cause (NOT Condition nor Criteria), meeting the IIA's Standards. Case studies included; -  How to develop an impactful Executive Summary. Case studies included; - How to balance the tone of an internal audit report so that it aligns with the severity of the Audit Findings; - The 60-Day Writing Transformation Plan to help you write a highly effective internal audit report in 60 days or less...