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Title:

Fundamentals Of Internal Auditing

SKU:SM-1003292
Format: In-Person Seminar
Find A Class Near You: View Dates And Locations For This Seminar
Description:

Fundamentals Of Internal Auditing
In this three-day seminar you will learn the concepts of traditional and operational auditing and gain proven tools and techniques for performing effective audits.

You will gain a solid background in the basics of documenting and evaluating internal control/fieldwork techniques. Using specifically formulated case exercises, you will examine the critical elements of internal auditing: assessing risk, flowcharting, designing flexibility into the audit program, performing the audit and applying audit results to solve business problems.

You also will focus on and put into practice the communications skills associated with internal auditing: conferencing with customers, writing audit findings, and selling audit recommendations.

What Does An Internal Auditor Do?

An internal auditor is a critical component of a successful, smoothly-running organization. Businesses depend on internal auditors to look closely, honestly and unflinchingly at the inner workings of a company to identify illegal, improper, imprecise or simply impractical policies. They are like a company’s family doctor performing the equivalent of a physical checkup, inspecting all the systems to make sure nothing is wrong and offering recommendations on how to fix anything that is.

How Do I Become An Internal Auditor?

Internal auditors need a strong knowledge of accounting, economics, risk assessment and general business techniques and practices so that they can do their job effectively. Businesses need to have the confidence that the internal auditor has a strong understanding of business and the regulations that surround it to do their job effectively.

While there are no certification requirements to become an entry-level internal auditor, potential employers will usually expect you to have at least a bachelor’s degree in business or a related degree like accounting or finance. Actual work experience as a business accountant or executive can also be helpful. Most Chief Audit Executives have a master’s degree and/or at least eight years of experience. They may have a Certified Internal Auditor (CIA) certification, a Certified Fraud Examiner (CFE) certification or may even be Certified Public Accountants (CPA).

The Fundamentals of Internal Auditing Class is a great complement to a bachelor’s degree in accounting, business or finance if you're looking to shore up your knowledge and understanding of the internal auditor position.

Why Should I Take A Fundamentals of Internal Auditing Class?

Even though there are no specific educational requirements to become an internal auditor, it can be much to your benefit to take a Fundamentals of Internal Auditing class for several reasons. For one, our Fundamentals of Internal Auditing seminar can greatly expand your knowledge and understanding of the processes of internal auditing. For another, having our Fundamentals of Internal Auditing course on your resume can make you more appealing to potential employees.

Additionally, our fundamentals of internal auditing training can provide a strong foundation if you plan to go on to study for and apply for a Certified Internal Auditor certification.

This class is designed to cover all the major areas of internal auditing and to communicate the information you need in a clear, easy-to-understand way.

Overview Of The Agenda

Below is an overview of this course's agenda. Please click the "Agenda" tab at the top of this page to view the complete agenda.
  • Types Of Internal Audits
  • Economy, Efficiency, And Effectiveness
  • Operational Vs. Financial Auditing
  • Identifying Auditable Activities
  • Risk Factors
  • Planning And Preliminary Fieldwork
  • Documenting Internal Controls
  • Audit Reports
Bonus

You will receive copies of the Standards for the Professional Practice, invaluable sample documents you can use as models for your own drafts, the COSO overview, and complete text of the Sarbanes-Oxley Act of 2002.
Prerequisite: None
Learning Level: Basic

Dates & Times

Classes start on the date(s) posted herein, and run from 8:30am to 5pm daily, except for the last day of class, which ends at 3pm.

Testimonial

"Great class! I have learned so much being new to the audit world. Cannot imagine doing my job effectively without this course."
- Shakeya McDow, Risk Advisory Specialist, Brinker International
About The Provider: Founded in 1978, and with offices in the USA, UK, and Asia, MIS Training Institute - aka MISTI - is the international leader in audit and information security training.

Helping audit and infosecurity professionals stay at the top of their game has always been at the core of MISTI's mission. To that end, MISTI has developed and focused its seminars, conferences, and symposia on the wide-ranging needs of auditors and information security practitioners who are charged with controlling complex systems and business environments.

All MISTI training classes are led by industry experts. MISTI training classes are delivered by professionals who have been in the field and practice what they teach. Additionally, MISTI training's unparalleled course curriculum covers the most up-to-the-minute topics, provides proven audit and security practices, and delivers the information needed to be successful in today's organizations.

MIS Training Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. NASBA Sponsor Number: 103321

Cancellation/Refund Policy: MIS Training Institute

A full refund less a $100 administrative fee will be given for cancellations received 15 days or more before the event. Tuition is non-refundable for cancellations made 14 days or less before the event. You may, however, transfer your tuition to another MIS Training Institute event, less a $195 administrative fee. Transfers are valid for 12 months from the time of initial cancellation. Substitutions are welcome at any time.

Those who do not cancel before the MISTI event date and who do not attend are responsible for the full non-refundable, non-transferable tuition.
Price: $2,395.00
More Info: Contact Us For More Information
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Keywords For This Course:

fundamentals of internal auditing class, fundamentals of internal auditing seminar, fundamentals of internal auditing training, fundamentals of internal auditing course

Currently Scheduled Dates For This Seminar
Course TitleCity/StateDate
Fundamentals Of Internal AuditingNew York, NY6/15/2020
Fundamentals Of Internal AuditingChicago, IL7/13/2020
Fundamentals Of Internal AuditingAtlanta, GA8/11/2020
Fundamentals Of Internal AuditingDallas, TX9/14/2020
Fundamentals Of Internal AuditingNew York, NY10/19/2020
Fundamentals Of Internal AuditingSan Diego, CA11/2/2020
Fundamentals Of Internal AuditingOrlando, FL12/7/2020
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