Introduction
  • Introduction: The Author, The Presenter, The Course
  • The Key Objectives of This Section
  • The History of Internal Auditing
  • The Definition of Internal Auditing
  • How The Work of Internal Auditors is Standardized
  • The Organization Structure of Audit Function And Reporting Lines
  • Quiz on Introduction
Why Internal Audits are conducted
  • The Key Objectives of This Section
  • Internal Audit Versus External Audit
  • What is Risk?
  • Risk Based Auditing
  • Internal Controls
  • Are the controls adequate and effective?
  • Quiz on why Internal Audits are conducted
Steps in conducting an audit
  • The key objectives of this section
  • Annual audit plan
  • Understanding the process you're auditing
  • Audit notification and opening meeting
The Internal Audit Plan
  • The Audit Steps
  • Documenting a test (Warehouse Example)
  • Documenting a test (Banking Industry Example)
  • Close-out Meeting
  • Quiz on The Internal Audit Plan
Internal Audit Report
  • The key objectives of this section
  • Report Structure, Findings & Purpose of the Internal Audit Report
  • Quiz on Internal Audit Report
Issuing the Audit Report
  • Issuing the report