Mission and Internal Audit Charter

Although historians can trace its origin back to centuries B.C., the modern concept of internal auditing is associated with the establishment of The Institute of Internal Auditors®️ (IIA®️) in 1941. In the years since The IIA was founded, internal auditing has evolved to address not only accounting and financial matters, but increasingly complex risk management, control, and governance processes as well. Moreover, in the last 30 years, due to various factors such as globalization, increasingly complex corporate structures, e-commerce and other technological advances, and a global economic turn-down, there has been a dramatic increase in demand for internal audit services.

This course introduces learners to The IIA and the internal auditing profession. It describes the professional practice of internal auditing. It compares and contrasts internal audit to external audit, and assurance services to consulting services. This course also helps learners to understand the concepts of governance, risk management, and control, and the concepts of The IIA's International Professional Practices Framework (IPPF). Finally, the course describes the purpose, authority, and responsibility of the internal audit activity and the required and recommended elements of an internal audit charter.

Duration: 1 hr 30 mins
CPE Hours: 1.5

Please note this training course is provided by IIA Global and is an online learning course valid for 30 days from purchase. All charges associated with this course are quoted in US dollars.

To learn more or purchase this course, click here.