Ethics and Professionalism
- Demonstrate integrity in the conduct of internal audit work (15 min)
- Assess whether an individual internal auditor's objectivity is impaired (15 min)
- Analyze policies that promote objectivity and the options for mitigating impairments (17 min)
- Apply the knowledge, skills, and competencies the internal audit function needs, whether developed or procured (13 min)
- Demonstrate due professional care and professional skepticism (14 min)
- Maintain confidentiality and use information appropriately during engagements (13 min)
Foundations of Internal Auditing
- Describe the purpose of internal auditing under the Global Internal Audit Standards (17 min)
- Explain the internal audit mandate and the responsibilities of the board and the chief audit executive (18 min)
- Recognize what an internal audit charter must contain and how it is approved (18 min)
- Interpret the differences between assurance services and advisory services (16 min)
- Describe the types of assurance services an internal audit function performs (16 min)
- Describe the types of advisory services an internal audit function performs (17 min)
- Identify situations that may impair the independence of the internal audit function (20 min)
- Recognize the internal audit function's role in the organization's risk management process (17 min)
Fraud Risks
- Describe fraud risk concepts and the types of fraud (13 min)
- Determine whether fraud risks need special consideration during an engagement (13 min)
- Evaluate the potential for fraud and how the organization detects and manages fraud risks (14 min)
- Describe controls that prevent and detect fraud (13 min)
- Recognize fraud investigation techniques and the internal audit function's role in investigations (14 min)
Governance, Risk Management, and Control
- Describe the concept of organizational governance (16 min)
- Recognize how organizational culture affects the control environment and engagement-level risks and controls (16 min)
- Recognize ethical and compliance-related issues at the organizational level (17 min)
- Interpret the fundamental types of risk (15 min)
- Interpret the fundamental concepts of the risk management process (15 min)
- Describe risk management within organizational processes and functions (14 min)
- Interpret internal control concepts and the types of controls (14 min)
- Recognize why the design, effectiveness, and efficiency of internal controls matter, financial and nonfinancial (16 min)
