Course Code: GES288
Explore mandatory guidance including the definition of internal auditing, ethics, and international standards.
Learn about internal control, risk, conducting internal audit engagements, and audit tools and techniques.
Understand how to manage the internal audit function and manage individual engagements.
Master an understanding of fraud risks and controls.
Study governance, business ethics, risk management, organizational structure, business processes, and communication.
Explore management, leadership principles, IT, business continuity, financial management, and global business environments.
Part 1 – Internal Audit Basics
I. Mandatory Guidance
A. Definition of Internal Auditing
B. Code of Ethics
C. International Standards
II. Internal Control / Risk
A. Types of Controls
B. Management Control Techniques
C. Internal Control Framework Characteristics and Use
D. Alternative Control Frameworks
E. Risk Vocabulary and Concepts
F. Fraud Risk Awareness
III. Conducting Internal Audit Engagements – Audit Tools and Techniques
A. Data Gathering
B. Data Analysis and Interpretation
C. Data Reporting
D. Documentation / Work Papers
E. Process Mapping, Including Flowcharting
F. Evaluate Relevance, Sufficiency, and Competence of Evidence
Part 2 – Internal Audit Practice
I. Managing the Internal Audit Function
A. Strategic Role of Internal Audit
B. Operational Role of IA
C. Establish Risk-Based IA Plan
II. Managing Individual Engagements
A. Plan Engagements
B. Supervise Engagement
C. Communicate Engagement Results
D. Monitor Engagement Outcomes
III. Fraud Risks and Controls
A. Consider the potential for fraud risks and identify common types of fraud associated with the engagement area during the engagement planning process
B. Determine if fraud risks require special consideration when conducting an engagement
C. Determine if any suspected fraud merits investigation
D. Complete a process review to improve controls to prevent fraud and recommend changes
E. Employ audit tests to detect fraud
F. Support a culture of fraud awareness, and encourage the reporting of improprieties
G. Interrogation/investigative techniques – Awareness Level (A)
H. Forensic auditing – Awareness Level (A)
Part 3 – Internal Audit Knowledge Elements
I. Governance / Business Ethics
A. Corporate/Organizational Governance Principles – Proficiency Level (P)
B. Environmental and Social Safeguards
C. Corporate Social Responsibility
II. Risk Management - Proficiency Level (P)
A. Risk Management Techniques
B. Organizational Use of Risk Frameworks
III. Organizational Structure/Business Processes and Risks
A. Risk/Control Implications of Different Organizational Structures
C. Typical Schemes in Various Business Cycles
D. Business Process Analysis
E. Inventory Management Techniques and Concepts
F. Electronic Funds Transfer (EFT)/Electronic Data Interchange (EDI)/E-commerce
G. Business Development Life Cycles
H. The International Organization for Standardization (ISO) Framework
I. Outsourcing Business Processes
B. Stakeholder Relationships
V. Management / Leadership Principles
A. Strategic Management
B. Organizational Behavior
C. Management Skills/Leadership Styles
D. Conflict Management
E. Project Management / Change Management
VI. IT / Business Continuity
B. Application Development
C. System Infrastructure
D. Business Continuity
VII. Financial Management
A. Financial Accounting and Finance
B. Managerial Accounting
VIII. Global Business Environment
A. Economic / Financial Environments
B. Cultural / Political Environments
C. Legal and Economics — General Concepts
D. Impact of Government Legislation and Regulation on Business
This is not an instructor facilitated course; however, support will be provided through email, online forms, and phone.
CIA candidates must meet the eligibility requirements for education, character, work experience, and identification. Before a candidate application can be approved, ALL documentation (proof of education, character reference, and identification) must be received and approved by The IIAs Certification staff. Please click here for eligibility requirements.
The instructional materials required for this course are included in enrollment. You will receive unlimited Practice Assessments, and a PDF textbook with the course.
The ExamMatrix CIA Review, powered by Surgent, is a complete online CIA Exam Review course that utilizes an adaptive learning platform that focuses your study to your weaker areas and reduces your overall study time. While other courses follow a generic “study the book, then study the questions, one topic at a time”, the ExamMatrix CIA Exam Review takes you through a multiple choice question Assessment Phase first to identify weak areas, allowing you to use our reporting features to focus additional learning in specific areas of the textbook, instead of simply reading it cover to cover. The Adaptive Study feature of the course automatically selects questions for you to study based upon previous scoring history and IIA Category Weighting.
The Institute of Internal Auditors (IIA) was established in 1942 to serve as an international association for the profession. With more than 185,000 members around the world, IIA strives to promote the value of the industry, provide career development opportunities, and enhance the skills and knowledge of internal auditors. The IIA’s certifications are one way the institute accomplishes these goals. Demonstrate your abilities and get ahead in your auditing career with a course certified by IIA.
Yes, ed2go courses are online, so you never have to actually travel to the school. Most schools offer telephone or online registration.
Yes, this course will prepare you to pass the Certified Internal Auditor Examination. Students who pass Part 1 of the Certified Internal Auditor Exam may apply to receive the Internal Audit Practitioner designation.
This course is open enrollment, so you can register and start the course as soon as you are ready. Access to your course can take 24-48 business hours.
This course is self-paced and open enrollment, so you can start when you want and finish at your own pace. When you register, you'll receive eighteen (18) months to complete the course.
The time allotted for course completion has been calculated based on the number of course hours. However, if you are unable to complete the course, contact your Student Advisor to help you work out a suitable completion date. Please note that an extension fee may be charged.
You may be assigned with an instructor or team of industry experts for one-on-one course interaction. Your support will be available (via e-mail) to answer any questions you may have and to provide feedback on your performance. All of our instructors are successful working professionals in the fields in which they teach. You will be assigned to an Advisor for academic support.
Upon successful completion of the course, you will be awarded a Certificate of Completion.
This course will provide you with the skills you need to obtain an entry-level position in most cases. Potential students should always do research on the job market in their area before registering.
ed2go courses are non-credit, so they do not qualify for federal aid, FAFSA and Pell Grant. In some states, vocational rehab or workforce development boards will pay for qualified students to take our courses. Additionally, some students may qualify for financial assistance when they enroll, if they meet certain requirements. Financing is available from select schools. Learn more: https://www.ed2go.com/career/financial-assistance
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