Internal Audit School: Key Concepts and Practices


Internal Audit School: Key Concepts and Practices Overview
This course covers foundational concepts and practices of internal auditing, including the definition, focus, important trends and essential tools and techniques internal auditors use in their roles. Participants will gain familiarity with the identification and use objectives during an engagement, and essential practices to apply when preparing risk assessments, identifying relevant controls, and selecting the appropriate test procedures. Fraud and fraud red flags are also reviewed in this course as are the differences between financial and operational audits. This course provides an overview, and covers the foundational aspects of performing internal audits, which are then applied more specifically to the companion courses in this series. Who Should Attend Internal and external auditors, risk and compliance professionals, and IT auditors who require a comprehensive approach to operational audits of core business functions. CPE: 9
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WEBVTT Welcome to the Internal Audit School Key Concepts and Practices course with Hernan and Kathy. This vital course is designed for all audit, risk, and compliance professionals seeking a well-rounded skill set in operational audits. Starting with the fundamentals of internal auditing, this course will tackle key tools and techniques, the use of objectives during engagements, preparing risk assessments, identifying controls, and selecting fitting test procedures. We also delve into fraud and its indicators, the contrast between financial and operational audits, ultimately equipping you with a robust understanding of internal audits. On completion, earn nine CPE credits towards your professional development. Let's embark on this learning journey together.

Learning Style

On Demand





Who this course is for

Internal and External Auditors, Risk and Compliance professionals, and IT Auditors who require a comprehensive approach to operational audits of core business functions.

NASBA Certified CPE

9 credits

Field of Study


Length of course




Advanced Preparation

17 Episodes

Here are the topics we'll cover

  • Course Overview
  • Key Elements of Operational Auditing
  • Components of Operational Audits
Learning Options

Options for this course

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ACI Learning is registered with NASBA

ACI Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: