Internal Audit School: Key Concepts and Practices

This course covers foundational concepts and practices of internal auditing, including the definition, focus, important trends and essential tools and techniques internal auditors use in their roles. Participants will gain familiarity with the identification and use objectives during an engagement, and essential practices to apply when preparing risk assessments, identifying relevant controls, and selecting the appropriate test procedures. Fraud and fraud red flags are also reviewed in this course as are the differences between financial and operational audits.

This course provides an overview, and covers the foundational aspects of performing internal audits, which are then applied more specifically to the companion courses in this series.

CPE: 9

Who should attend:

Internal and external auditors, risk and compliance professionals, and IT auditors who require a comprehensive approach to operational audits of core business functions.

Here are the topics we'll cover.

1. Course Overview
2. Key Elements of Operational Auditing
3. Components of Operational Audits