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Internal Audit Fundamentals And Skills- CPD Accredited cover image

Internal Audit Fundamentals And Skills- CPD Accredited
Cambridge Open Academy

Internal Audit Fundamentals And Skills | CPD Accredited | Free Certificate | Lifetime Access | Tutor Support

Summary

Price
£21 inc VAT
Study method
Online, On Demand 
Course format
20 Videos (with subtitles and transcripts) and 11 Resources
Duration
1.6 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
CPD What's this?
Certificates
  • Reed Courses Certificate of Completion - Free
  • Certificate of Completion (PDF) - £4.99
Assessment details
  • Course Completion (included in price)
Additional info
  • Tutor is available to students
12 students purchased this course

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Overview

Build practical audit and assurance knowledge with this Internal Audit Fundamentals And Skills course. This online internal audit course covers auditing as a form of assurance, internal audit procedures, technology-based internal audit, internal control, control risk, audit interviews and reporting audit outcomes. You will learn how internal auditors review systems, check controls, collect information and report findings clearly. The course also introduces UK internal audit standards and explores career options in auditing. It is suitable for beginners, finance learners, compliance staff, office administrators, business students and anyone who wants to build useful skills for internal audit, risk management and assurance roles.

Learning Outcomes

By the end of this course, learners will be able to:

  • Understand auditing as a form of assurance in business settings.
  • Follow basic internal audit procedures with clear purpose and structure.
  • Recognise how technology can support modern internal audit work.
  • Explain internal control, control risk and their role in audit planning.
  • Use audit interview and reporting skills to share audit findings clearly.
  • Understand UK internal audit standards and career options in auditing.

This Bundle Consists of the Following Courses:

  • » Course 01: Internal Audit Skills
  • » Course 02: Anti-Money Laundering (AML) Training
  • » Course 03: Financial Analysis : Finance Reports
  • » Course 04: Financial Management
  • » Course 05: Commercial Law

Certificates

Assessment details

Course Completion

Included in course price

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Curriculum

This course contains

Format: 20 Videos (with subtitles and transcripts) and 11 Resources

Duration: 1h and 37m

    • 1: Introduction 01:40
    • 2: 1.1 Foundations of Internal Auditing 05:38
    • 3: 1.2 Risk Assessment and Internal Control 05:26
    • 4: 1.3 Audit Planning, Reporting and Compliance 06:28

    • 5: Introduction 01:38
    • 6: 2.1 AML Fundamentals and Regulatory Frameworks 05:11
    • 7: 2.2 Customer Due Diligence and Risk Management 05:30
    • 8: 2.3 Suspicious Activity Detection and AML Technology 06:50

    • 9: Introduction 01:43
    • 10: 3.1 Financial Statements and Business Performance 05:34
    • 11: 3.2 Financial Reporting and Forecasting 05:46
    • 12: 3.3 Data Analysis and Decision-Making 06:30

    • 13: Introduction 01:43
    • 14: 4.1 Financial Planning and Resource Management 05:47
    • 15: 4.2 Investment and Risk Management 05:25
    • 16: 4.3 Modern Financial Management Practices 06:27

    • 17: Introduction 01:40
    • 18: 5.1 Business and Contract Law 05:18
    • 19: 5.2 Employment, Intellectual Property and Compliance 05:46
    • 20: 5.3 Digital and International Commercial Law 06:31

Description

This Internal Audit Skills course prepares individuals for a career in auditing, emphasizing transparency and accountability in business. The program consists of eight modules covering audit essentials, including: the concept of auditing as assurance, internal audit procedures, technology-based internal audits, control risk assessment, internal controls, and effective audit interviews. The curriculum aligns with UK Internal Audit Standards for reporting audit outcomes and includes information on auditing career opportunities.

Join us in this journey of discovery, where audit becomes more than just a term; it becomes your expertise. Take your first step towards a career with vast opportunities and high earning potential in the realm of audit. Enrol today to embark on a path to becoming a sought-after auditor.

Course Curriculum:

  • Module 01: Auditing as a Form of Assurance
  • Module 02: Internal Audit Procedures
  • Module 03: Technology-based Internal Audit
  • Module 04: Internal Control and Control Risk
  • Module 05: Audit Interviews
  • Module 06: Reporting Audit Outcome
  • Module 07: UK Internal Audit Standards
  • Module 08: Career as an Auditor

Who is this course for?

  • Aspiring auditors looking to build a strong foundation in internal auditing.
  • Professionals seeking to enhance their knowledge of audit procedures.
  • Individuals interested in understanding technology's role in modern auditing.
  • Those considering a career in the field of audit.

Career path

  • Internal Auditor – £28,000 to £45,000
  • Internal Control Analyst - £25,000–£35,000 per year
  • IT / Technology Auditor - £32,000–£45,000 per year
  • Compliance Officer – £30,000 to £50,000
  • Risk Analyst – £32,000 to £48,000
  • Financial Controller – £40,000 to £60,000
  • Audit Manager – £45,000 to £65,000
  • Governance Consultant – £35,000 to £55,000

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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