Fundamentals of Internal Auditing - Learning Outcomes
Conducting the Internal Audit
Fundamentals of Internal Auditing - Lesson Summary
Introduction to Internal Audit
Preparing the Audit Report
Auditing is a regular part of every organisation’s financial processes. Companies conduct these audits for various reasons, starting with the need to enhance efficiency and eliminate wasteful expenditure. However, these audits sometimes fail to produce the desired results and certain skills are required to make them fruitful and justify the expense and effort they demand. With this in mind, the experts at Exoexcellence Consultants have designed this course to help you conduct effective internal audits.
The primary aim of this course is to train students who aspire to become professional auditors in the future and to help internal auditing professionals who want to enhance their skills. The course consists of a single module with three topics. The first topic discusses different types of internal audits and compares internal and external audits.
Our second topic then takes you through the steps of conducting an internal audit. We cover all the minute details and technical points that define this technical process. The course’s final topic explains how to prepare an internal audit report and present it to the company's management. We employ various graphics to make learning the complex aspects of auditing easier for you and our assessment offers an opportunity for you to practise your newfound skills. Sign up to enhance your accounting and bookkeeping abilities and learn how internal auditing can save an organisation money by identifying waste and preventing fraud.
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