Fundamentals of Internal Auditing - OAG101


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. 


Tuition cost


NASBA Certified CPE

24 Credits


Why you should attend

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 attend

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.


  • 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. Internal Audit Life Cycle and Key Concepts 
  2. Risk Assessment Strategies 
  3. Audit Project Planning 
  4. Documenting Internal Controls 
  5. Audit Programs 
  6. Fieldwork Techniques 
  7. Audit Interviews, Walkthrough, and Meetings 
  8. Workpapers 
  9. Audit Findings 
  10. Audit Reports and Written Communication 
  11. Sampling and Data Analysis 
  12. Events Which Have Helped Create Growth in Internal Audit 

Schedule your course

Use the table below to select the time and location that works best for you.

Timezone: America/Chicago

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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: