Overview
The purpose of this qualification is to prepare a learner to operate as an Internal Auditor. An Internal Auditor executes internal audit engagements under supervision of an Internal Audit Professional in accordance with the International Professional Practices framework in order to meet specific audit engagement objectives.
Objectives
Prepare individuals with the expertise needed to perform independent and objective internal audit functions within organizations.
Exit Learning Outcomes
- Interpret, document and map business processes.
- Identify relevant and key risks and controls (Both manual and computerised controls).
- Conduct an adequacy assessment of the key controls and select an appropriate audit approach (Risk and control matrix).
- Plan and develop relevant audit programmes.
- Gather sufficient, relevant, reliable and useful engagement information aligned to the key controls.
- Design, prepare, analyse, interpret and conclude on the effectiveness and efficiency of the key controls based on engagement information and complete appropriate working papers for engagement assignments.
- Use draft engagement findings in preparing final reports.
- Determine the appropriateness of management action in line with the internal audit finding and recommendation.
- Identify and document key fraud indicators.
- Reflect on the appropriate application of the International Professional Practices Framework (IPPF) code of ethics in line with the relevant standards.
Outline
- Fundamentals of Internal Auditing, Level 7, 24 Credits.
- Organisational Governance, Risk and Control, Level 7, 10 Credits.
- Organisational Fundamentals, Level 7, 10 Credits.
- Fundamentals of Fraud, Level 7, 9 Credits.
- Fundamental of Finance and Accounting, Level 7, 17 Credits.
Methodology
- The knowledge and practical modules will be delivered in a hybrid format, combining both online and in-person classes.
- The work experience module must be delivered in person.
Aspiring Internal Auditors, Junior to Mid-Level Auditors, Risk Management Professionals, Compliance and Quality Assurance Officers, Finance and Accounting Professionals, Operational Managers, Executives and Board Members, Consultants in Governance, Risk, and Compliance (GRC)
NQF Level 6 qualification and two years post qualification business/financial experience.
12 Months
- R60 000 (instalment option is available)
- Check FASSET website for bursaries
Email any of the following:
Faith@thakocapital.co.za
Korolosof@gmail.com
info@thakocapital.co.za