5 Best Internal Auditing Courses, Training, and Certifications

What is Internal Auditing?

Internal auditing is a critical feature of any information security and compliance program, a valuable tool to manage risks efficiently and appropriately. In addition to providing assurance that the business is compliant with laws and regulations, internal audits provide a level of risk management and protection from potential fraud, waste, or abuse.

Internal audits make sure the company is following the laws that are being followed, which may help to avoid penalties, and eliminates any possibility of errors from the external audit. The role of an internal audit is to provide an independent assurance that the organization's risk management, governance, and internal control processes are operating effectively.

Why Internal Auditing is important?

Conducting an internal audit increases the trust amongst a company's investors because they are assured the management is taking the necessary steps to manage the company as efficiently as possible.

Since an internal audit basically provides an objective overview of the procedures and policies in your organization, you can be assured that the processes that your company has are adequate in mitigating its associated risks. In short, an internal audit is an independent exercise designed to objectively assess an organization's internal controls, risk management, and governance.

Top Internal Auditing Courses and Tutorials List

1. Lead Auditor Tools for a Professional Internal Audit

2. Internal Audit: a Guide for Management

3. Internal Auditing Part I

4. Writing Highly Effective Internal Audit Report In < 60 Days

5. Internal Controls - Design, Implementation, and Monitoring

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Best Internal Auditing Courses & Training Online

1. Lead Auditor Tools for a Professional Internal Audit

Learn how to become a Pro Internal Auditor.

The course includes:

• Introduction to Internal Auditing
• Audit Purpose
• Psychology behind Auditing
• Types of Audit
• Frequency, Duration, and Requirement
• Audit Preparation
• During the Audit
• Reporting

With this course, you will learn what is an audit and its benefits. You will learn how you can prepare questions for the audit and document efficiently during the audit.

Next, this Internal Auditing course will show you how to write a killer report within minimum time and understand the different types of audits so that you can perform the best audit opening ever.

Plus, you will understand the psychology behind an internal audit and how to handle feedback on the report.

Course rating: 4.6 out of 5.0 (2,363 Ratings total)
Duration: 3 h
Certificate: Certificate on completion

2. Internal Audit: a Guide for Management

Internal Audit, Risk Management, Compliance, Governance, Internal Controls, CIA, Audit Report, Audit Charter, and IIA.

In this course, you will learn:

• The definition and scope of internal auditing.
• The professional standards that govern internal auditing.
• How do internal audit outsourcing and co-sourcing work?
• What are the main elements of the internal audit process and methodology?
• How to structure and/or understand internal audit engagement reports.
• The evolving role and future outlook of internal auditing.

Initially, you will learn what is Internal Auditing, its principles, and its vocabulary. It will help you understand the goals and scope of Internal Auditing and the position of Internal Auditing within the Governance, Risk Management, and Control structure.

Next, you will learn the fundamental differences between external and internal auditing. The course will also help you understand the professional standards that govern Internal Auditing.

Moving on, you will learn how to ensure independence and objectivity of the Internal Audit function and understand the funding models of an Internal Audit function.

Course rating: 4.3 out of 5.0 (1,864 Ratings total)
Duration: 1 h 30 m
Certificate: Certificate on completion

3. Internal Auditing Part I

Learn how to conduct an audit from start to end. This course can be used as a guide to auditing almost any process.

The course includes:

• Introduction
• Why Internal Audits are Conducted
• Steps in Conducting an Audit
• The Internal Audit Plan
• Internal Audit Report
• Issuing the Audit Report

This Internal Auditing course will help you understand the purpose of Internal Auditing, why audits are conducted, and how to identify and explain risks, controls & other important terms in Internal Audit.

Moreover, you will learn controls that can be used to protect your organization and assets against various risks.

Course rating: 4.4 out of 5.0 (629 Ratings total)
Duration: 1 h
Certificate: Certificate on completion

4. Writing Highly Effective Internal Audit Report In < 60 Days

An Accounting practical guide to communicating effectively in the Internal Audit Report.

The course includes:

• Common Elements Of An Internal Audit Report
• Audit Finding
• Audit Recommendation
• Executive Summary
• Tone and Balance
• 60-Day Writing Transformation Plan

Here, you will learn the components of an Audit Finding (Condition, Criteria, Cause, and Effect) and how to organize the flow of thought to write a clear and concise Audit Finding in accordance with the Institute of Internal Auditors’ International Standards for Professional Practice of Internal Auditing (IIA’s Standards).

Next, you will understand how to get rid of irrelevant information in writing an Audit Finding. You will also learn how to write an Audit Recommendation, addressing the Cause (NOT Condition nor Criteria), meeting the IIA’s Standards.

Plus, you will learn how to develop an impactful Executive Summary.

Course rating: 4.5 out of 5.0 (240 Ratings total)
Duration: 1 h 30 m
Certificate: Certificate on completion

5. Internal Controls - Design, Implementation, and Monitoring

Become a compliance specialist, maintain strong internal controls for SOX or FCPA, and prepare for internal & external audits.

In this course, you will:

• Learn Internal Control Definition, Types, and Objectives
• Understand Internal Control Components and Principals
• Implement Efficient Internal Control Monitoring
• Recognize and Remediate Control Deficiencies
• Improve Your Control Environment

This Internal Auditing tutorial will help you how to design, implement and operate internal controls in a single processor whole organization. You will learn to align controls with actual risks and prepare internal control documentation at the required level and format.

Next, you will learn how to monitor and review controls, find deficiencies and improve the controls environment. You will also know where and when to consider automation of monitoring.

Additionally, this course will help you utilize appropriate frameworks for internal controls over finance or IT processes and be an equal partner in discussions with auditors and external reviewers about your control environment.

Course rating: 4.3 out of 5.0 (2,078 Ratings total)
Duration: 6 h
Certificate: Certificate on completion

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