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Professional Course

Internal Auditing - Fundamental Principles & Concepts

Length
1.5-3 Hours
Next course start
Start Anytime! See details
Delivery
Self-paced Online
Length
1.5-3 Hours
Next course start
Start Anytime! See details
Delivery
Self-paced Online
This provider usually responds within 48 hours 👍

Course description

Auditing is a regular part of every organisation’s financial processes. Companies conduct these audits for various reasons, starting with the need to enhance efficiency and eliminate wasteful expenditure. However, these audits sometimes fail to produce the desired results and certain skills are required to make them fruitful and justify the expense and effort they demand. With this in mind, the experts at Exoexcellence Consultants have designed this course to help you conduct effective internal audits.

The primary aim of this course is to train students who aspire to become professional auditors in the future and to help internal auditing professionals who want to enhance their skills. The course consists of a single module with three topics. The first topic discusses different types of internal audits and compares internal and external audits. 

Our second topic then takes you through the steps of conducting an internal audit. We cover all the minute details and technical points that define this technical process. The course’s final topic explains how to prepare an internal audit report and present it to the company's management. We employ various graphics to make learning the complex aspects of auditing easier for you and our assessment offers an opportunity for you to practise your newfound skills. Sign up to enhance your accounting and bookkeeping abilities and learn how internal auditing can save an organisation money by identifying waste and preventing fraud.

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  • Self-paced Online
  • Online

Training content

Fundamentals of Internal Auditing

Description: This module explains the various important components of conducting an internal audit within a company. It will explain the different types of internal audits and the steps of performing an internal audit in detail. Moreover, it also explains the method of preparing an internal audit report, along with its essential components.

  • Learning Outcomes
  • Introduction to Internal Audit
  • Conducting the Internal Audit
  • Preparing the Audit Report
  • Lesson Summary

Course assessment

  • Assessment: Internal Auditing - Fundamental Principles & Concepts - Course assessment

Certification / Credits

By the end of this course, you will be able to:

  • Define ‘internal auditing’ and describe its various types
  • Compare internal and external audits
  • Explain how to prepare a draft and conduct audit reporting
  • Outline various organisational benefits of conducting internal audits
  • Describe the process of conducting an internal audit in detail
  • Recall how to prepare an audit summary and identify the role of working papers

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Alison Free Learning
Mount Carmel, Cappagh Road
H62 AV62 Loughrea Galway

Alison Free Learning

Alison is the world’s largest free online empowerment platform for education and skills training, offering thousands of CPD-accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone,...

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