Internal Auditing

Topics include the definition of internal auditing, the International Professional Practices Framework (IPPF) standards by the Institute of Internal Auditors, risk, corporate governance, internal controls, and conducting internal audit engagements.  Students will be introduced to report writing, wrap-up and follow-up. Material will also feature information related to managing an internal audit department, planning, sampling, working papers, flowcharting, data analytics, IT, fraud risks, external and internal quality assessments. Additional areas of focus include major operational audit areas such as production, marketing, payroll, procurement, and personnel.

UC San Diego Extended Studies has received a prestigious status as “Internal Audit Academic Awareness Program University” by the Institute of Internal Auditors (IIA). This makes us one of the few selected schools in the nation to receive the status. Recognized by the IIA and highly rated by students, this course provides a solid introduction to the internal auditing process and a thorough overview of key concepts.

Intended Audience

• Finance, accounting, business professionals
• Students seeking an introduction to internal auditing
• CPAs, CMAs, CIAs, CISAs and candidates pursuing these certifications
• Internal auditors
• Compliance professionals
• Controllers
• Government Auditors
• Quality Assurance professionals

Upon completion of this course, students will be able to

• Delineate the roles and responsibilities of internal auditors in an organization
• Interpret and discuss internal auditing standards and guidance
• Understand risk management, governance and internal control concepts
• Apply in practice the risk-based audit approach in planning, risk assessment, testing and reporting stages of the audit process
• Learn how to apply the functionalities of several data analytics tools
• Recognize issues related to fraud
• Explain differences between assurance and consulting engagement

Students may earn up to 40 CPEs upon the completion of this course. To receive CPEs, students are required to adhere to the policies of tracking hours attended in class throughout the quarter.

Format

This course is offered in an online asynchronous format. There are no set meeting times, however, students follow a weekly schedule and there will be deadlines to meet in terms of course requirements. This course cannot be completed at an accelerated rate. UC San Diego Extended Studies operates in Pacific Standard Time and therefore any deadline is considered 11:59 p.m. Pacific Standard Time.