This course introduces students to the internal audit profession and process. It is designed for CPAs, CIAs, CMAs; controllers, auditors; financial managers; corporate executives; federal and state auditors.
Complete working papers, review procedures documenting evidences, sampling work, and learn to create flowcharts
Understand the signals to look for in fraud detection
About this course:
This course introduces students to the internal audit profession and the internal audit process and is designed for accounting, auditing, and business students; CPAs, CIAs, and CMAs or candidates; controllers and internal auditors; financial and auditing managers; corporate executives; and federal and state auditors and managers. Topics include the definition of internal auditing, the IIA's International Professional Practices Framework (IPPF), risk, governance and control issues, and conducting internal audit engagements—including report writing and interviewing skills. Additional topics covered are Internal Auditing (IA) standards; internal controls; managing the IA department; IA working papers, procedures, evidences, sampling, and flowcharting; 30 major areas of operational auditing, such as production, marketing, finances, information and digital communications technology, purchasing, and personnel; fraud detection, including a discussion of the latest developments in financial crimes; major areas of management auditing; IA reports; and evaluation of the IA function.
MGMT X 120A, B, and C Intermediate Accounting Theory and Practice or consent of instructor.