The role of an internal auditor is to provide independent assurance that the organisation’s risk management, governance and internal control processes are operating effectively. Internal auditors provide an independent and objective assessment of the effectiveness and efficiency of a company’s operations, specifically its internal control structure. The internal audit function helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. The scope of internal auditing is broad and may involve the efficiency of operations, IT controls, the reliability of financial reporting, deterring and detecting fraud, and compliance with laws and regulations. Internal Auditors may also conduct compliance and operational audits, offering solutions for weaknesses in internal controls and verifying that all laws and regulations are upheld.
Internal Auditor Program provides the knowledge and skills needed to perform Internal Audit function be it financial audits, determining the compliance to internal controls, risk assessment or fraud detection.
WHY INTERNAL AUDITOR
Internal auditors are the unsung heroes of businesses worldwide because they are the ones who ensure that owners and investors can trust a company’s accounting information. This Level takes you through the finer aspects of financial audits, evaluation of internal controls, risk assessment and fraud detection.
WHO SHOULD ATTEND
The candidate completing this course would be able to understand the finer aspects of Internal Auditing. He would not only be able to audit financial data but also be able to pinpoint weaknesses in internal control procedures and ways and means to mitigate them. The course would navigate him through the Manual Auditing process, followed by Excel based auditing and then auditing through the computerized accounting software.
If the idea of evaluating systems, processes and controls in place to ensure that a business is able to keep truthful information about its financial health appeals you, consider yourself in. Since the major corporate scandals, a greater number of employers are seeking internal auditors. The expected increase in jobs for Internal Auditor professionals could mean a bright future for those who choose this career path.