Internal Audit Made Simple – Driving Assurance, Insight, and Improvement Across the Enterprise (C35-F-BV)

This course teaches you how to plan, execute, and report on internal audits that drive value and assurance. You’ll gain: Internal Audit Foundations Understand the role of internal audit in governance, risk, and control Learn the IIA’s International Professional Practices Framework (IPPF) Explore the three lines model and audit independence Audit Planning & Risk Assessment Develop a risk-based internal audit plan Conduct enterprise risk assessments and audit universe mapping Prioritize audits based on impact, likelihood, and strategic alignment Fieldwork & Evidence Gathering Perform walkthroughs, control testing, and substantive procedures Document findings, root causes, and recommendations Use sampling, analytics, and audit software Reporting & Follow-Up Draft clear, actionable audit reports Present findings to management and audit committees Track remediation and validate corrective actions Specialized Audits & Integration Audit cybersecurity, ESG, privacy, third-party risk, and regulatory compliance Align with ISO 27001, ISO 31000, COSO, and COBIT frameworks Coordinate with external audit, risk, and compliance teams Strategic Impact Use internal audit to support strategy, transformation, and culture Communicate insights to boards and executives Measure audit performance and value delivery