CIA Part 1: Internal Audit Fundamentals · review course

Who it's for

Internal auditors, accountants, risk and compliance professionals and graduates preparing to sit CIA Part 1.

What you'll be able to do

• Explain the purpose, mandate, charter and independent positioning of internal audit under the Global Internal Audit Standards
• Distinguish assurance and advisory services and internal audit's role in risk management under the Three Lines Model
• Apply the ethics and professionalism principles – integrity, objectivity, competency, due professional care and confidentiality – to practical dilemmas
• Evaluate governance, culture, risk management and internal control using COSO, ISO 31000 and related frameworks
• Recognise fraud risks, schemes and red flags, and describe internal audit's role in prevention, detection and investigation
• Answer CIA Part 1 style multiple-choice questions accurately and within the exam's time limit

Lessons

1. 1Course orientation and the purpose of internal auditing6 min video
2. 2The internal audit mandate and charter6 min video
3. 3Assurance and advisory services6 min video
4. 4Independence and organisational positioning6 min video
5. 5Internal audit's role in risk management: the Three Lines Model5 min video
6. 6Integrity and objectivity5 min video
7. 7Competency, due professional care and confidentiality5 min video
8. 8Governance, culture, ethics and compliance5 min video
9. 9Risk types and the risk management process5 min video
10. 10Risk management frameworks within processes and functions5 min video
11. 11Internal control concepts and types of control5 min video
12. 12Control frameworks and evaluating control design and effectiveness5 min video
13. 13Fraud risk concepts, schemes and engagement planning5 min video
14. 14Fraud red flags, prevention, detection and investigation5 min video