Are you new to internal audit? Or a first-time user of The IIA's International Professional Practices Framework (IPPF)? This course is a comprehensive training that offers participants a unique opportunity to develop a foundational and fundamental understanding of the internal audit profession, the internal audit process, and how the IIA's International Professional Practices Framework (IPPF), including the effective 2025 Global Internal Audit Standards serves as the guiding compass for the internal audit activity. Whether you are pursuing an understanding of the internal audit nomenclature as a new practitioner; an in depth exploration of the domains, principles, and standards because you are an external auditor transitioning to internal auditing; or even on the staff of a new internal audit department that needs to prepare for building a quality assurance improvement program, this course delivers an enhanced level of knowledge of the professional practice of internal auditing. This highly interactive, hands-on, comprehensive course begins with an introduction to The Institute of Internal Auditors (The IIA); the widely recognized guidance found in the IPPF, including the Global Internal Audit Standards; and compares and contrasts internal audit to external audit, while also helping you to understand the purpose, authority, and responsibility of the internal audit activity and the concept of governance. This course also provides high-level guidance on how to communicate findings, conclusions, reports, and overall opinions; disseminate results; and establish action plans and monitoring programs.
DESIGNED FOR
This course is designed for those new to internal audit ― with less than two years of internal audit experience ― who are looking for a fundamental understanding of the internal audit profession. This course will also benefit experienced external auditors and/or regulators who are transitioning to an internal audit role.
BENEFITS
Date(s) and Time: Sep 3 - 6 from 1:00 PM - 4:30 PM ET
- Establish a clear understanding of the role of internal audit, vs external audit.
- Identify the components of the International Professional Practices Framework (IPPF).
- Explore the five domains- and the associated principles and standards- of the Global Internal Audit Standards.
- Describe the importance of professionalism, individual objectivity, and following a code of ethics for internal auditors, as described in Domain II.
- Emphasize the importance of governance as outlined in the Standards, specifically Domain III.
- Understand the factors associated with managing the internal audit function as described in Domain VI.
- Explore how to perform internal audit services, as described in Domain 5.
- Understand the QAIP process and the overarching consideration of quality assurance throughout internal audit processes.
Other Date(s) and Time: l 1, 3, 8, 10 from 12:30 PM - 4:00 PM ET
HIGHLIGHTS
Participants will develop a deep understanding of the IPPF and Global Internal Audit Standards to develop a comprehensive foundation to work within the world of internal audit.
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None