Fundamentals of Internal Auditing - OAG101

Overview

In this course, learners will learn traditional and operational auditing concepts, gaining proven tools and techniques for performing effective audits. This course provides insights for conducting internal audits effectively from the initial risk assessment through planning, fieldwork, and reporting. Learn key techniques like flowcharting, preparing risk-control matrices, and writing narratives. 

Learning Options

Below are the available learning options for this course:

AuditProTV

Online On-Demand

This course is available through AuditProTV — a subscription-based, on-demand learning platform. As a subscriber, you will have access to an ‘all you can watch’ library of courses that are built in alignment with the National Association of State Boards of Accountancy (NASBA) standards.

Learn More & Subscribe

Enterprise Solutions

Tailored Experience

Bring this course to your organization at your convenience. ACI Learning can deliver this instructor-led course for your team at a chosen location or virtually. Alternatively, choose the topic(s) you need and ACI will craft a training solution to keep your team future-proof.

Customize Your Training

NASBA Certified CPE

24 Credits

Auditing

Why you should take this course

You should attend to acquire the essential skills to conduct audits effectively, work effectively with colleagues, and add value immediately in your interactions with audit clients.

Who should take this course

Internal and IT auditors with 0-3 years of experience looking for a comprehensive understanding of the process of internal audit. This foundational course can be used to onboard rotational internal auditors, and other experienced professionals starting th

What You'll learn

You will learn how to perform internal auditing from risk assessment, through planning, fieldwork, and reporting. Also, how to conduct interviews and key techniques like flowcharting, preparing risk-control matrices, and writing narratives.

Prerequisites

  • None

Course Objectives 

  • Learners will identify, define, and describe the phases in the internal audit process.  
  • Learners will recall risk and control types and explain several ways to document them. 
  • Learners will explain how to follow an audit program, perform fieldwork techniques. 
  • Learners will describe how to document work performed and make recommendations for improvement. 

Course Topics 

  1. Key Concepts of Internal Auditing 
  2. Risk Assessment  
  3. Audit Project Planning  
  4. Document Controls 
  5. Audit Programs 
  6. Fieldwork Techniques 
  7. Verbal Communications 
  8. Workpapers 
  9. Audit Findings 
  10. Written Communications 
  11. Audit Sampling 
  12. Reflecting on Internal Audit’s Past and Looking Forward 

Learning Options

Below are the available learning options for this course:

AuditProTV

Online On-Demand

This course is available through AuditProTV — a subscription-based, on-demand learning platform. As a subscriber, you will have access to an ‘all you can watch’ library of courses that are built in alignment with the National Association of State Boards of Accountancy (NASBA) standards.

Learn More & Subscribe

Enterprise Solutions

Tailored Experience

Bring this course to your organization at your convenience. ACI Learning can deliver this instructor-led course for your team at a chosen location or virtually. Alternatively, choose the topic(s) you need and ACI will craft a training solution to keep your team future-proof.

Customize Your Training

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: www.nasbaregistry.org.