Internal Auditor 101: Internal Audit Principles and Techniques

Internal audits are an important requirement for effective corporate governance. The internal auditor is at the front line in evaluating management's internal control, assessing the accuracy of financial information, and ensuring compliance with laws and regulations. Learn how to perform these important duties and comply with the professional auditing standards.

"Internal Audit 101" is the perfect CPE course to introduce internal auditing to someone new to the field or to someone who has not had formal training. This course provides an overview of the "audit life cycle", including audit planning and risk assessment, conducting fieldwork, interviews, walkthroughs and tests of controls, and audit reporting and follow-up. CCS provides the latest guidance for a risk-based, top-down audit approach, key audit terminology, audit workpaper documentation, and "selling" the benefits of the audit.

This event presents an overview of the professional standards (IIA, ISACA, AICPA), frameworks (COSO, COBIT), and soft-skill competencies an auditor needs to become competent. This seminar walks the participants through the basics of being an internal auditor. It is ideal for auditors who want to ensure that they follow approved, prescribed audit standards and apply the appropriate audit tools and techniques.

This timely, one-day CPE internal audit training course covers the basics of how to create an effective audit plan, perform the audits, generate workpapers, and effectively communicate the results.

Follow the below links for further detail information:
. Seminar Highlights
. Learning Objectives
. Key Issues on the Agenda

The retail cost of this CPE seminar is $495.00 for the first attendee from a single organization. Discounts are available for more than one attendee from each organization: (2) $940.00 (3) $1,340.00 (4) $1,680.00 (5) $1,980.00.

To reserve your space, click on the "SIGN-UP NOW!" link in the right margin, complete the registration form, and use the corresponding "Submit Registration Form and Move to Payment Options Page" button for filing the registration and moving to the payment page.

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Each attendee will receive 8 Auditing CPE Hours (YB). A certificate of completion will be provided.

Virtual Internal Auditor 101 Events

Future In-Person Internal Auditor 101 Events

In response to the Coronavirus Pandemic, we will start providing all our events using a distant learning approach.

In some cities we have local instructors and are providing limited events on a request basis. If you have two or three professionals who would like in person instruction please contact us.

Refer to our Seminar Cities Index for a list of our seminar locations. The individual city pages provide a listing of topics being presented. Our Seminar Cities by Week provides a guide to the locations during a calendar week.

Seminar Highlights

The seminar reviews and answers the following questions:
- What is internal auditing and what are auditing standards?
- How to approach audit risk assessment and individual audit planning?
- What are the best practices in conducting audit fieldwork?
- What are the key sections in internal audit reports?

Learning Objectives

- Attendees will discuss interpersonal and team-building skills
- Attendees will learn how to identify audit risks and plan fieldwork
- Attendees will understand how an audit fieldwork is conducted
- Attendees will learn how to evaluate and document internal controls
- Attendees will discover the best techniques for gathering audit evidence
- Attendees will see the importance of preparing workpapers
- Attendees will understand the audit communication process

Key Issues on the Agenda

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Corporate Compliance Seminars (CCS) was created by experts who enjoy providing CPE training events. All our experts have years of experience in providing training courses, workshops and consulting on internal controls, internal auditing, information technology, cybersecurity and accounting related subjects. We have focused on SOX, COSO, PCAOB, COBIT, CMMI, GRC, GAAP, IFRS, AICPA, GAO, NAIC, ISO, and IIA Standards. We are your best source for continuing professional education (CPE).

Our programs, live in-person, webinar and on-demand, provide CPE for professionals with CPA, CGA, CIA, CFE, CISA, CMA and CA designations. CCS is focused on providing the best learning programs in using three distinct distribution channels: live in-person events, virtual webinar events and on-demand self-study elearning.

Corporate Compliance Seminars presents CPE to a range of professionals, auditors, accountants, finance staff, compliance personnel, information technology (IT) professionals, Boards of Directors and Audit Committees. We examine the details of risk management, Sarbanes-Oxley Act compliance, Model Audit Rule (MAR) compliance, auditing, internal controls, cybersecurity and compliance, and fraud prevention and detection.

Within the U.S.A. marketplace, Corporate Compliance Seminars allows the attendee to earn NASBA CPE credit.

Our events focus on the details of the Sarbanes-Oxley Act of 2002 (SOX), Internal Controls over Financial Reporting (ICFR), Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control Frameworks, ISACA's Control Objectives over Information Technology (COBIT), Information Technology Infrastructure Library (ITIL), Open Compliance & Ethics Group's (OCEG) Governance, Risk & Compliance (GRC) methodology, PCAOB's Auditing Standard 5 (AS5), AICPA auditing standards, and NAIC regulatory model regulations and acts .

Our live in-person events are generally presented in a small classroom setting with two to five attendees. Over the last few weeks, we have come to the understand we need to provide distant elearning events. We are now in the process of moving all our content to an online available status. We have created distant elearning opportunities using both a virtual webinar event approach and on-demand elearning self-study modules. These two elearning approaches: webinars and on-demand self-study with extended web access to our content into the global continuing professional development (CPD) marketplace. In the webinar elearning events we will limit the number of students to maximize the interaction between the live instructor and attendees. The on-demand self-study elearning modules will be created and offered to meet the NASBA CPE credit requirements .

Our seminars provide CPE for the CPA, CFE, CIA, CISA, auditors and others with effective and engaging internal audit training courses.

Our instructors have had direct experience in the following industries: financial activities, bank, insurance, healthcare, construction, leisure and hospitality, professional and business services, mining and oil & gas extraction, manufacturing, educational, government agencies, transportation, software, technical, hi-tech and agricultural.

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Internal Audit Defined by Wikipedia

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It 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.

Internal auditing is a catalyst for improving an organization's governance, risk management and management controls by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice.

Professionals called internal auditors are employed by organizations to perform the internal auditing activity.

Sawyer's Internal Auditing Defines Internal Auditing

Sawyer's Internal Auditing (5th ed.) defines internal auditing as a "systematic, objective appraisal by internal auditors of the diverse operations and controls within an organization to determine if:

financial and operating information is both accurate and reliable

organization's risks have been identified and minimized

external regulations and internal policies are being followed

operating criteria are met

efficient and economical use of resources

organization's objectives are being effectively achieved

Internal Audit Community AuditNet.org

AuditNet® serves the global audit community as the primary communications resource with an online digital network where auditors share resources, tools, and experiences including audit work programs and other audit documentation. As the first online portal for the global audit community, AuditNet® has been at the forefront of audit websites dedicated to promoting the use of technology.

How to become an internal auditor? By Matthew Tarpey | May 2, 2018

How do business leaders know if their organization is working as well as it could be? Simple: they hire internal auditors!

Intelligence Service concerning the SEC and their Auditors Audit Analytics

Audit Analytics is a premium company intelligence service providing independent research to the investment, accounting, insurance, legal, regulatory and academic communities.

Audit Analytics provides detailed research on over 150,000 active audits and more than 10,000 accounting firms. Access to the Audit Analytics data is available via an online user subscription, email notifications, enterprise data feed subscription and custom research reports.

Audit Analytics data includes detailed categorizations of issues and is considered by many professionals to be the best primary data source for tracking and analysis of public company disclosures related to the audit, compliance, governance, corporate actions and federal litigation.

Our CPE courses are recognized by the following professional groups as acceptable CPE credits for continuing professional education hours:
Institute of Internal Auditors - IIA
American Institute of Certified Public Accountants - AICPA
Information Systems Audit and Control Association - ISACA
Committee of Sponsoring Organizations of the Treadway Commission - COSO
American Accounting Association - AAA
American College of Forensic Examiners Institute - ACFEI
Association of Corporate Treasurers (ACT)
American Society of Military Comptrollers - ASMC
Accounting & Financial Women's Alliance - AFWA
American Society for Quality - ASQ
American Woman's Society of CPA's - AWSCPA
Association of Certified Anti-Money Laundering Specialists - ACAMA
Association of Chartered Accountants in the United States - ACAUS
Association of College and University Auditors - ACUA
Association of Credit Union Internal Auditors - ACUIA
Association of Government Accountants - AGA
Association of Healthcare Internal Auditors - AHIA
Association of Local Government Auditors - ALGA
Association of Public Pension Fund Auditors - APPFA
Banking Administrative Institute - BAI
Beta Alpha Psi - BAP
Chartered Institute of Management Accountants - CIMA
Community College Internal Auditors - CCIA
Council of Higher Education Internal Auditors - CHEIA
Credit Union Internal Auditors Association - CUIAA
Delta Sigma Pi - DSP
Government Finance Officers Association - GFOA
Healthcare Financial Management Association - HFMA
Institute of Management Accountants - IMA
International Association of Financial Crimes Investigators - IAFCI
International Organization of Supreme Audit Institutions - INTOSAI
International Organization for Standardization - ISO
National Association of Black Accountants - NABA
National Association of Construction Auditors - NACA
National Association of State Boards of Accountancy - NASBA
National Conference of CPA Practitioners - NCCPAP
National Association of College and University Business Officers - NACUBO
National Association of Credit Union Supervisory and Auditing Committeess - NACUSAC
National Association of State Budget Officers - NASBO
National Association of State Auditors, Comptrollers and Treasurers - NASACT
National Society of Insurance Premium Auditors - NISAPA
National Society of Accountants - NSA
Society of Corporate Compliance and Ethics - SCCE