Internal Audit

Learning outcomes

Students will be able to use auditing techniques to assist top management to achieve the firm’s strategic goals; recommend practice of how a modern internal audit function should be organized; provide some specific review guidance in important areas of operations

Topics

1. Foundations of internal auditing
2. Importance of internal control
3. Internal control framework: COSO & COBIT
4. Sarbanes Oxley
5. Risk Management
6. Effective internal audits
7. Standards for the professional practice of internal auditing
8. Testing and evaluating audit evidence
9. Audit programs
10. Internal audit charters and building internal audit function
11. Internal audit key competencies
12. Project management
13. Documenting results through process modeling and work papers