Best Internal Auditing Courses

Find the best online Internal Auditing Courses for you. The courses are sorted based on popularity and user ratings. We do not allow paid placements in any of our rankings. We also have a separate page listing only the Free Internal Auditing Courses.

Audit – Financial Statement

Learn the audit process from planning to audit report form a Certified Public Accountant (CPA).

Created by Robert (Bob) Steele - CPA, CGMA, M.S. Tax, CPI

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Students: 44444, Price: $124.99

Students: 44444, Price:  Paid

Audit-Financial Accounting will discuss, in detail, the auditing process of financial statements.

The course will start by discussing what an audit is, as well as what the terms attest engagement and assurances services mean.

We will discuss the audit environment, the general format of a public accounting firm, and the general format of an audit team that would conduct the procedures related to an audit. The course will also discuss regulations and regulatory institutions related to the audit process.

The course will cover the planning process for an audit engagement. The planning process is a very important component of the audit because it will outline the steps that will be taking. The highest levels of the public accounting firm are generally involved in the planning process.

We will consider how to assess risk related to the audit using an audit risk Model. The risk assessment will help us plan the audit and determine where the auditors time can be spent most efficiently to gather evidence to support the auditor’s conclusion and opinion.

Learners will learn the different formats of audit evidence and how to document audit evidence so that it can be used as evidence to support the conclusion and opinion of the auditor.

We will exam the internal controls of the organization. Internal controls are policies set up by management to achieve the objectives of the organization. As auditors, we are primarily concerned with internal controls that will lower the risk of financial statements being materially misstated. If we can rely on internal controls as an auditor, we may be able to do more testing of the controls and less substantive testing, and this can be more efficient.

The course will discuss the audit sampling methods. When applying testing procedures, auditors often need to test a sample of a population and then apply the results to the population as a whole. Different sampling methods are appropriate for different situations and assertions being tested.

Next, we will talk about substantive tests. Substantive tests include tests that most people think of when they think of an audit, like pulling files, counting inventory, and performing procedures at the company’s place of business. Substantive testing will include testing account balances and transactions.

We will then cover audit procedures related to specific processes, including the revenue process, the purchasing process, and the payroll and human resources process.

Next will cover the audit process for specific accounts like inventory, prepaid expenses, intangible assets, property plant and equipment, long term debt & equity.

Then we will discuss the audit process related to cash, cash being a very important account because it is involved in almost every other accounting process at some point.

Learners will then learn how to put together a standard audit report. The standard audit report is called an unqualifies report. It is beneficial to actually memorize or have a good idea of the format of the standard unqualifies report. We can then think about variations on the standard unqualified report, adjusting it as necessary.

Basics of Auditing A Complete Study

Learn the fundamentals of auditing to excel in accounting and auditing career

Created by Raja Natarajan, B.Com., PGDBA, FCA - Chartered Accountant

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Students: 4799, Price: $89.99

Students: 4799, Price:  Paid

Are you an Accounting or Finance Professional?

Are you an Accounting or Finance Student planning a career in either of the fields?

Are you a Professional Course Student planning career as Auditor?

Then this course is for you.

Welcome to Basics of Auditing A Complete Study

The basic purpose of Auditing is to confirm the authenticity of Books of Accounts prepared by an accountant.

So, the auditing begins, where the function of an accountant ends.Auditing is done to determine the true and fair picture of accounts examining the books of accounts with supporting documents.

Auditing provides lots of benefits like Verification of Books of Accounts, Independent Opinion, Moral Check, Protection of the Rights and Interests of Share holders, Reliance by Outsiders, Ensures compliance with level requirements & Strengthens Internal Control.

Hence, by taking this course, you will learn

i) Evolution, Meaning, Features, Objectives, Principal aspects, Benefits and Limitations  of Auditing

ii) Audit Process

iii) Audit Engagement Terms

iv) Audit Planning

v) Audit Sampling

vi) Audit Working Papers

vii) Auditors Independence

viii) External Confirmation

ix) Verification of Assets

x) Verification of Liabilities

xi) Special Audits covering Educational Institutions, Hospital, Cinema Halls, Charitable Institutions, Club, Hotels, Local Bodies, etc.)

This course is structured in Self paced learning style.

You may find accounting terminologies used in this course. Hence, you should have Basic knowledge of Accounting.

Advanced auditing tools and concepts will be launched as separate courses in the due course.

Internal Controls – Design, Implementation and Monitoring

Become a compliance specialist, maintain strong internal controls for SOX or FCPA, prepare for internal & external audit

Created by Maciej Rychlicki - Experienced professional in analytics and internal controls

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Students: 2824, Price: $99.99

Students: 2824, Price:  Paid

A strong internal control system is one of the best mitigation strategies for managing operational and financial risks. This course aims to provide you all necessary knowledge to create and maintain effective control environment. We will also cover how to efficiently review internal controls and identify opportunities for their improvements.

 

Manage Risks of Your Organization with Effective Internal Controls

  • Learn Internal Control Definition, Types, and Objectives
  • Understand Internal Control Components and Principals
  • Implement Efficient Internal Control Monitoring
  • Recognize and Remediate Control Deficiencies
  • Improve Your Control Environment.

 

Become Internal Control Compliance Specialist

Internal control concept exists from ancient times, but United States was the first country to introduce professional guidance on topic. Internal control started to become significant to auditors in the United States early in the twentieth century. 

More recently topic of controls started to evolve to cover other areas than finance like information technology (COBIT), project management or quality management (ISO 9000). Additionally, importance of internal controls systems in organizations increased significantly with dedicated regulations as Sarbanes Oxley Act (SOX) or Foreign Corrupt Practice Act (FCPA) setting legal requirements for minimum coverage of internal controls. We will learn about finance and IT controls as well as frameworks and legal regulations.

 

Content and Overview

In over 6 hours of video including 27 lectures we will cover all you need to know to become comfortable working with and designing internal controls.  Each of three sections contains article summarizing most important concepts from all lectures and short quiz where you can test your new knowledge.  Additionally, some of the lectures contain Action Points that help you practice your new skills directly for your organization needs.

First you will learn all the necessary information like definitions, types, components as well as who has what responsibilities in area of internal controls.  With basics covered course will teach you all necessary steps to implement controls and prepare sufficient documentation to satisfy requirements of various frameworks and legal regulations. Finally, you will learn how to monitor and review internal controls including usage of automation and how to handle deficiencies identified in those processes.

Upon completion, you should be able to not only perform controls and implement control activities like a compliance specialist, but also work efficiently and effectively with any auditors or external reviewers of your controls. 

Lead Auditor Tools for a Professional Internal Audit

Be a Pro Internal Auditor. This is the only course with 1-on-1 online meeting with the instructor & e-mail support.

Created by Danielle Volski - Auditor, Consultant & Trainer

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Students: 2134, Price: $79.99

Students: 2134, Price:  Paid

##########    UPDATE FOR 2021    ###########

1-on-1 session with the instructor + e-mail support

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By 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.

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The only internal audit course with 1-on-1 online meeting with the instructor!

Plus 2 months unlimited e-mail support.

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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 audit

  • Optimal audit duration and content

  • Writing an audit plan

  • The best audit opening ever

  • The audit psychology

  • Do the best closing

  • Handling feedback on the report

  • And 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 DRIVE

Being 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

Internal Auditing Part I

Learn how to conduct an audit from start to end. This course can be used as a guide to audit almost any process.

Created by Rethabiseng Erica Mosinyi - Internal Auditor

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Students: 1284, Price: $19.99

Students: 1284, Price:  Paid

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.

Internal Audit: A Guide for Management

A guide for management, professionals changing careers and those preparing for the CIA exams.

Created by Vladimirs Karols - Compliance, AML and Internal Auditing Professional

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Students: 700, Price: $29.99

Students: 700, Price:  Paid

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!

ACCA: AA (F8) – Audit and assurance

Learn what auditors are, what auditors do and how to become an auditor.

Created by Rowan Malherbe - ACCA Lecturer and Gold Approved Learning Partner

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Students: 541, Price: $89.99

Students: 541, Price:  Paid

This course is aimed to develop knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of the professional regulatory framework

On successful completion of this paper, candidates should be able to: 

A. Explain the concept of audit and assurance and the functions of audit, corporate governance, including ethics and professional conduct, describing the scope and distinguishing between the functions of internal and external audit. 

B. Demonstrate how the auditor obtains and accepts audit engagements, obtains an understanding of the entity and its environment, assesses the risk of material misstatement (whether arising from fraud or other irregularities) and plans an audit of financial statements.

C. Describe and evaluate internal controls, techniques and audit tests, including IT systems to identify and communicate control risks and their potential consequences, making appropriate recommendations.

D. Identify and describe the work and evidence obtained by the auditor and others required to meet the objectives of audit engagements and the application of the International Standards on Auditing (ISAs).

E. Explain how consideration of subsequent events and the going concern principle can inform the conclusions from audit work and are reflected in different types of auditor’s report, written representations and the final review and report. 

Writing Highly Effective Internal Audit Report In < 60 Days

A Practical Guide To Communicate Effectively In The Internal Audit Report

Created by Gin Yew PHUA - Internal audit professional

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Students: 515, Price: $109.99

Students: 515, Price:  Paid

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.

Internal audit on Medical Device QMS – ISO 13485:2016

Successfully conduct an internal audit based on requirements of ISO 13485:2016 for Medical Device Development and QMS

Created by Stendard Academy - The Stendard Academy

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Students: 301, Price: $149.99

Students: 301, Price:  Paid

Internal audit on Medical Device QMS - ISO 13485:2016 is another course created by Stendard Academy to help you gain the skills, and learn how to be an internal auditor for the ISO 13485:2016 standard.

In the course, we will cover the general principles of auditing, and walk through all the clauses in this standard, to provide a holistic picture of how audits are and can be performed. This will be done as part of a comprehensive mock audit, performed according to an audit checklist we crafted to thoroughly assess each line in the standard.

The ISO 13485:2016 standard specifies requirements for the Medical Device Development and Quality Management System (QMS). It is an essential standard for medical device development companies. Besides being a common regulatory requirement, this standard, when adhered to, provides a Quality Management framework that supports quality products and processes.

You may already have a good understanding of the ISO 13485:2016 standard. However, performing an audit according to the standard is a different matter, with the rigour expected.

Learning these principles and knowing the documents and records required will be useful should you be in a position that requires you to be prepared for external audits, as similar principles apply.

This course has been broken down into:

  • General concepts and principles of auditing

  • Establishing and preparing for the audit

  • Performing the audit (How to conduct a mock audit based on compiled checklist?)

  • Reporting the audit results

  • Post-audit activities and CAPA planning

For the purpose of this course, we have also compiled a checklist that we would base our mock audit on. This checklist was put together by our team at Stendard in accordance to ISO 13485:2016. The full checklist is available and you will note that we synced it with requirements according to US FDA 21 CFR Part 820 as well. You can download the Audit Checklist.pdf in Section 3.2. and adapt it for your own organisation's usage.

Your journey to successfully conducting an internal audit based on requirements of ISO 13485:2016 for Medical Device Development and QMS is only clicks away. We welcome onboard the Stendard Academy, we put quality at the centre of your business and make it easier!

Introduction to Compliance Risk Management CRM

Compliance risk management CRM for Compliance, Risk Management, Internal Audit and IS Security Professionals

Created by Compliance Security and Risk Management - Compliance, IS Security and Risk Professional

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Students: 256, Price: $19.99

Students: 256, Price:  Paid

Do you know why companies and institutions are being penalized by regulators? How companies manage risk of non compliance to regulatory requirements? Why Board of Directors of companies are concerned about regulatory risk management and more specifically the compliance risk management CRM?

In this course you will get insight about how the companies and regulators are focusing on strong compliance culture to manage the affairs of the company or institutions and avoid penalties and reputation losses. You will learn why is it important for risk functions such as Risk Management, Compliance and Controls, IS Security, Quality Control and Audit to support each other in their work. You will learn new and emerging risks and their significance in compliance risk management process.

You will learn new terms applicable in risk and compliance function that are used by Managers and Executives of the company. This course will help you in your job roles particularly if your area is compliance, risk assessment and management.

This course will provide you a broader idea on how to prepare the risk inventory database. This course will also make you understand how important is this now for internal audit, compliance and risk management to work together as part of governance and controls defense model.

After attending this course you will be able to confidently talk and communicate with risk, compliance, audit and related professionals.

Who is this course for:

  • Compliance professionals and students

  • Risk management professionals and students

  • Internal audit professionals and students

  • Internal controls professionals

  • Finance professionals and students

  • ACCA, CPA, CGA, CMA students

Applying the Standards for Internal Auditors Part 1

This course delves deeper into the major components of the IPPF Standards and their meaning to the profession.

Created by Illumeo Learning - Condensed and Efficient Courses for Busy Professionals

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Students: 188, Price: $49.99

Students: 188, Price:  Paid

Corporate management personnel often are not aware that internal auditors have standards and guidelines defined by the profession. Internal Audit (IA) is not always seen as those who must follow established professional standards. Internal auditors don’t have a “license to practice”.  So why do we need Standards?

A value oriented IA function will have an understanding of the International Professional Practices Framework (IPPF) Standards and be able to articulate their importance to management. Absence of acknowledgement of the Standards infers the group is a quality assurance function. That may be what the organization wants, but they should be able to differentiate.

The courses on “Top Skills for Internal Audit” and “Foundations of Internal Audit” covered aspects of business acumen and included concepts of the Institute of Internal Auditors (IIA) Standards. This course will delve deeper into the major components of the Standards and their meaning to the profession.

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: Applying the Standards for Internal Auditors in Line with Your Organization's Needs - Part One. 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.

Managing an Effective Internal Audit Function

This course explores the key competencies and responsibilities of today's internal audit management.

Created by Illumeo Learning - Condensed and Efficient Courses for Busy Professionals

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Students: 183, Price: $49.99

Students: 183, Price:  Paid

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.

Applying the Standards for Internal Auditors Part 2

This course delves deeper into managing the internal audit activity and the challenges that may be faced.

Created by Illumeo Learning - Condensed and Efficient Courses for Busy Professionals

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Students: 182, Price: $44.99

Students: 182, Price:  Paid

As a profession, internal auditors look to the Institute of Internal Auditors (IIA) Standards to provide guidance on how to most effectively execute their fiduciary role.  Part One of this series introduced the overall Standards, Mandatory Guidelines, Core Principles, Code of Ethics and Attribute Standards.  These are important concepts that internal auditors, management and the board should understand.  These guidelines provide the foundation for the profession and are written to ensure effectiveness and consistency in the execution of internal auditing.

This segment will focus on two elements of the Performance Standards which include:  managing the internal audit function and the nature of work considered within the realm of internal auditing.  Each of these components are critical to the effective execution of internal audit’s responsibilities. 

Requirements for managing internal audit extend far beyond managing a specific project or individual audit.  It includes management of the entire audit process from development through to execution and reporting.  It also includes:

  • Ensuring the team has the relevant knowledge and expertise for engagement assignments
  • Appropriate resourcing and budgeting exists to support the Mission of the function
  • Establishing the right communication protocols with management and the board. 

When examining the nature of work of internal audit, the Institute of Internal Auditors Standards outline three very critical areas that internal auditors should be engaged with.  These include:

  • Controls
  • Risk Management
  • Governance

Inherently, most individuals within management understand the requirements around internal audit’s evaluation of controls, but many struggle with how or if internal audit should be involved in risk management and governance activities.

This course delves deeper into managing the internal audit activity and the challenges that may be faced along with properly identifying internal audit's nature of work.  The participant will come away with an appreciation for the intent of the Standards and a recognition of alternatives to promoting the value oriented activities internal audit can provide to an organization.

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: Applying the Standards for Internal Auditors in Line with Your Organization's Needs - Part Two: Managing Internal Audit and Nature of Work. 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.

Mastering ISO/IEC 17025: 2017 and Certified Internal Auditor

Detailed understanding of ISO/IEC 17025-2017 standard and that for conducting an effective internal audit.

Created by Subhasis Mallik - Trainer in Lab Accreditation and IATF 16949 field.

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Students: 170, Price: $199.99

Students: 170, Price:  Paid

This course is intended for providing detailed knowledge and practical understanding about the auditable clauses of ISO/IEC 17025-2017 standard (General requirements for the competence of testing and calibration laboratories). This covers the general understanding of laboratory accreditation process and detailed explanation of all clauses of the standard. Apart from that understanding of audit process for this standard is also covered in details. Some of the hot spot activities of laboratory accreditation process are explained with additional elaborations, e.g. intermediate check, metrological traceability, method validation, measurement uncertainty, decision rule, root cause analysis, risk and opportunity assessment etc. Specific guidance is provided for preparation of system documents, such as quality manual, system procedure. The various important aspects of requirements of accreditation agency are also elaborated. Several quizzes are added in the course which would help participant to check their understanding of the topics covered in video lecture. Very useful downloadable materials are provided so that the users can apply these in their application such as internal audit and also gain technical knowledge. The full content of ISO/IEC 17025-2017 standard is mentioned in the audit checklist which would be a very useful reference for laboratory practitioners. At the end an assignment is added for evaluation purpose for issue of certificate which would recognize the participant as a certified internal auditor for this standard.

Applying the Standards for Internal Auditors Part 3

This course delves deeper into the Performance Standards as they relate to conducting internal audit projects.

Created by Illumeo Learning - Condensed and Efficient Courses for Busy Professionals

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Students: 166, Price: $49.99

Students: 166, Price:  Paid

Segment One and Two of this series covered important aspects internal auditors should be aware of in relation to the Institute of Internal Auditors (IIA) Attribute Standards and the elements of the Performance Standards that related to managing the internal audit function and the nature of work for internal audit. The final elements of the Performance Standards provide internal auditors with a relevant framework to properly execute engagements. It is critical internal auditors have an understanding of the various aspects of the audit and the framework outlined by the IIA.

Although the Standards do provide specific templates on the elements that should be evaluated in each stage of the audit, they provide critical guidance on requirements internal auditors should consider during the various phases. Understanding and following this guidance will ensure audit engagements are executed consistently and effectively. This segment is designed to delve deeper into the Performance Standards as they relate to conducting internal audit projects. This includes:

  •  Engagement Planning 
  • Performing the Engagement 
  • Communicating Results
  • Monitoring Progress
  • Communicating the Acceptance of risks

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: Applying the Standards for Internal Auditors in Line with Your Organization's Needs – Part Three: Executing the Audit Engagement. 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.

Building a Strong Internal Audit Department

This course covers the realities of internal audit management roles, and how to build a strong foundation.

Created by Illumeo Learning - Condensed and Efficient Courses for Busy Professionals

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Students: 120, Price: $49.99

Students: 120, Price:  Paid

Part of the continuing series of internal audit best practices, this session will provide insight on the realities of internal audit management roles, and the elements needed to build a strong internal audit department to provide the most value for your company.

The Institute of Internal Auditors (IIA) has done a tremendous job raising the profile of the auditing profession. As auditors, we strive to abide by the standards and guidelines. But have you ever asked management within your company if they knew such standards existed? Do they truly understand the concepts of risk-based auditing, independence, and obligations to the board or charter requirements? It is surprising how so many of these basic concepts are taken for granted by auditors and that we assume management is aware.

Individuals considering an internal audit management role should understand the challenges as well as benefits that may be presented to them within this role. It is critical that certain elements of the job be well understood by those holding the positions. This session is designed to step into the reality of the internal audit management role, and discuss some of the concepts that aren’t always openly discussed within organizations--but are important concepts the internal audit manager should ensure they can clarify with management and be prepared to address on the job.

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: Foundations for a Strong Internal Audit Department. 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.

How To Establish An Audit Universe and Risk-Based IA Plan

Establishing an Audit Universe and risk-based internal audit plan effectively and professionally

Created by Gin Yew PHUA - Internal audit professional

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Students: 83, Price: $89.99

Students: 83, Price:  Paid

- This course is developed to coach internal audit professionals to establish an Audit Universe and risk-based internal audit plan effectively and professionally.

- The relevant The Institute of Internal Auditors’ International Standards for Professional Practice of Internal Auditing (IIA’s Standards) will be mentioned for reference purpose in this course.

- You can fine-tune the lesson learnt here to accommodate your company’s audit methodology and process in order to achieve the best result.

Certified Internal Auditor for IATF 16949, CSR & Core Tools

Recognized Certificate course for auditing IATF 16949-2016 including Customer Specific Requirements and Core Tools.

Created by Subhasis Mallik - Trainer in Lab Accreditation and IATF 16949 field.

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Students: 14, Price: $199.99

Students: 14, Price:  Paid

This certificate course enables the participants as qualified internal auditor of IATF 16949-2016 including conducting Second party audit, Manufacturing process audit, Product audit and Audit of core tools & Customer specific requirements.

Trainer is Certified Lead Auditor for IATF 16949-2016 (Exemplar Global Accredited) including customer specific requirements and core tools and trainer's qualification certificate is provided.

The course provide detailed understanding of IATF 16949-2016 standard requirements including that of ISO 9001-2015, risk based thinking, process approach etc.

Implementation guidance and audit perspectives of all auditable clauses of the standards are elaborated. Also auditing perspective of Customer Specific Requirements and IATF Core Tools are included. In addition to QMS Audit, the course also elaborates manufacturing process audit, product audit methodology.

Standards of Auditing in india (SA)

Auditing standards followed and practiced in India with 1000+ practice questions

Created by Bhavishya Sri Perumal - Chartered accountant

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Students: 14, Price: $19.99

Students: 14, Price:  Paid

This course is applicable for all indian students who wish to enrich their knowledge in Auditing standards as practiced in india..This course is self explanatory .The students are requested to study all the standards to have a thorough knowledge in auditing.This course can be pursued by college students and other students who pursue professional finance courses.

In India, Auditing and Assurance standards are issued by ICAI. In 1982, ICAI set up Auditing and Assurance Standard Board (AASB) to prepare auditing standards. Accordingly, AASB issues Statements on Standard Auditing Practices and Auditing and assurance Standards under the authority of the Council. As per section 143 (10) of the Companies Act, 2013, The Central Government may prescribe the standards of auditing or any addendum thereto, as recommended by the Institute of Chartered Accountants of India, constituted under section 3 of the Chartered Accountants Act, 1949, in consultation with and after examination of the recommendations made by the National Financial Reporting Authority.

As per section 143 (9) of the Companies Act, 2013, every auditor shall comply with the auditing standards.

OBJECTIVES AND FUNCTIONS OF THE AUDITING AND ASSURANCE STANDARDS BOARD (AASB)

1. To review the existing and emerging auditing practices worldwide and identify areas in which Standards on Quality Control, Engagement Standards and Statement on Auditing need to be developed.

2. To formulate Engagement Standards, Standards on Quality Control and Statement on Auditing so that these may be issued under the authority of the Council of the Institute

3. To review the existing Standards and Statements on Auditing to assess their relevance in the changed conditions and to undertake their revision, if necessary.

4. To develop guidance notes on issues arising out of any Standard, auditing issues pertaining to any specific industry or on generic issues, so that those may be issued under the authority of the Council of the Institute.

5. To review the existing Guidance Notes to access their relevance in the changed circumstances and to undertake their revision, if necessary.

6. To formulate General Clarifications, where necessary, on issues arising from Standards.

7. To formulate and issue Technical Guides, Practice Manuals, Studies and other papers under its own authority for guidance of professional accountants in the cases felt appropriate by the Board

Audit and Assurance AA – 115 Practice Test Questions-Part 2

Concepts based practice questions on "Internal Controls and Audit" for ACCA CA CPA CGA B COM BS Students

Created by Compliance Security and Risk Management - Compliance, IS Security and Risk Professional

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Students: 5, Price: $19.99

Students: 5, Price:  Paid

Are you preparing for Audit exam and want to practice questions on Internal Controls part of the syllabus?

Do you want to learn Internal Controls and Auditing?

This course is for you.

This course on "Audit and Assurance - Internal Controls Questions - Series 2" covers 100 Practice Questions and 15 Bonus questions on "Internal Controls" which is a main part of Audit syllabus.

This practice test course is for the students who are preparing for Audit exam.

Internal controls system developed and implemented by management play a crucial role in setting the direction of audit by the statutory auditors. Audit strategy and plan is linked with test of controls TOCs.

What Will You Learn?

These 115 practice (15 Bonus Questions) test questions are designed on following key areas of audit:

  • Internal controls

  • The importance of internal control

  • The elements of internal control

  • Limitations of internal control systems

  • Internal controls in IT environment

  • IT Controls - application and general controls

  • Evaluation of controls and audit risk assessment

  • The risks of specialized IT systems

  • Tests of controls and the main transaction cycles

  • The sales system

  • The purchases and expenses system

  • The payroll system

  • The bank and cash system

  • The inventory system and non-current assets

  • Other issues with tests of controls

Who Is This Course For?

This practice test series is for the students of following qualifications who are preparing for audit exam:

  • ACCA

  • CA

  • CPA

  • CMA

  • CGA

  • ICMA

  • BBA / BS Finance

  • B COM