Course Objective (8 CPE’s per day of review): The course corresponds to the four parts of the Certified Internal Auditor examination administered by the IIA. Even if you are not registered for the exam you may find this a good overview of Internal Auditing, or a chance to learn what the exam is all about.
Part 1: The Internal Audit Activity’s Role in Governance, Risk, and Control
February 8, 2013
Individuals completing this course should be prepared to take Part 1 of the Certified Internal Auditor Exam. The individual will understand the purpose of internal auditing and the skills an internal auditor must possess for professional success. The participant will be introduced to the IIA Code of Ethics and understand the Internal Auditor’s role within a professional organization.
•Comply with The IIA’s Attribute Standards
•Establish a risk-based plan to determine the priorities of internal audit activity
•Understand the internal audit activity’s role in organizational governance
•Perform other internal audit roles and responsibilities
•Governance, risk, and control knowledge elements
Part 2: Conducting the Internal Audit Engagement
February 15, 2013
Individuals completing this module should be prepared to take Part 2 of the Certified Internal Auditor Exam. This module concentrates on gaining the applicable knowledge to conduct an internal audit. Individuals will obtain knowledge regarding date gathering tools, data collection processes, and data analysis. This module also teaches the individual the various types of internal audits.
•Conduct specific engagements
•Monitor engagement outcomes
•Exercise fraud knowledge elements
•Utilize engagement tools
Part 3: Business Analysis and Information Technology
February 28 and March 1, 2013 (Due to the extensive scope of this section, the review will be broken out in a two day session)
Individuals completing this module should be prepared to take Part 3 of the Certified Internal Auditor Exam. The individual will concentrate on developing knowledge of financial accounting skills such as financial statement analysis and cash management. Other topics to be covered include managerial accounting concepts such as capital budgeting and operating budgets and the importance of information technology during the internal audit.
•Employ appropriate business processes during the internal audit.
•Utilize financial accounting and finance.
•Apply concepts from managerial accounting.
•Recall regulatory, legal, and economics.
•Implement information technology tools for the internal audit.
Part 4: Business Management Skills March 8, 2013 (Due to the new CIA exam structure, the four-part exam registration ends June 30, 2013 and the four-part exam ends on December 31, 2013)
Individuals completing this module should be prepared to take Part 4 of the Certified Internal Auditor Exam. Module 4 presents information regarding business management skills. Topics will include understanding various business environments, behavioral management, and the soft skills internal auditors must possess for professional success.
•Apply strategic management solutions.
•Master knowledge of global business environments.
•Access organizational behavior techniques for appropriate internal audits.
•Implement management skills during the internal audit.
•Development negotiation techniques.
Lunch and snacks are not provided.
Field of Study: Auditing Prerequisites and Advance Preparation: None
Level of Knowledge: Beginner to Intermediate
Teaching Method: Seminar/Lecture CPE Credit: 8 hours per day of review
IIA Member Fee $150 per day
Non-Member Fee $240 per day Click here to register.