INTERNAL AUDIT (2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: define internal audit standard, guidelines, and current issues and IT usage in the process of internal audit; explain the role of corporate governance, risk management, and internal control in internal audit; describe the internal audit activities, professionalism ethics, approach, and strategies; design audit planning, fieldwork, reporting, and audit assurance.

Topics:

1. Introduction to Internal Auditing;
2. Meeting the Challenge;
3. Internal Audit Procedure and Techniques;
4. Internal Audit Charter;
5. Managing Internal Audit Function;
6. Internal Audit Practice Layout;
7. Internal Audit Documentation and Reporting;
8. Internal Audit Peer Review;
9. Internal Audit Standard;
10. Internal Control Including IT Usage.