Internal Auditing

Catalog description

The course will cover internal audit from a broad perspective that includes business information, business processes, and accounting systems. Topics include internal auditing standards, risk assessment, governance, ethics, audit techniques, and emerging issues. The course covers the design of business processes and the implementation of key control concepts and uses a case study approach that addresses tactical, strategic, systems, and operational areas. Business improvements in the effectiveness and efficiency of business processes and controls are covered in the areas of operations, finance and technology. An understanding of the Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF) are integrated. This course will help students to understand many of the concepts tested on the Certified Internal Auditor (CIA) as well as components of the CPA exam including controls and fraud prevention. There are no prerequisites or concurrent courses that are required but a understanding of general auditing is recommended.