Certificate in Internal Audit

BY
Vskills

Understand the concept of the internal audit of an organization and the policies and procedures of the audit with the help of this online certification course.

Mode

Online

Fees

₹ 3499

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

The Certificate in Internal Audit course has 10 hours of learning and is available in online mode. This course is suitable for both auditing professionals and graduates, providing them with a competitive edge in this field. It is an excellent option for working individuals seeking to advance their careers through certification. This programme equips candidates with advanced auditing skills and knowledge, allowing them to differentiate themselves in the highly competitive job market. 

Certificate in Internal Audit by Vskills has a comprehensive curriculum that covers essential areas such as Internal Controls, Policies, and Procedures, Audit Planning, Stakeholder Analysis, Audit Execution, Reporting, and Governance, Risk Management & Control. By mastering these concepts, individuals will become well-prepared to handle the challenges of internal auditing and contribute effectively to organizational growth and compliance.

Certificate in Internal Audit training empowers candidates with specialized expertise, making them highly demandable professionals in the field, and offers a pathway to enhanced career prospects and financial rewards. As a result, they can access a broader range of employment opportunities and potentially achieve higher earning potential.

The highlights

  • Study Material
  • Fully Online
  • 10 Hours of Learning
  • Lifelong E-learning Access
  • Certificate on Completion

Program offerings

  • Lifetime certification validity
  • Practice test
  • Government certification

Course and certificate fees

Fees information
₹ 3,499

You have the option to pay the Certificate in Internal Audit fees using Visa, Mastercard, American Express, and Indian bank debit cards. It is essential to note that the payment amount will be subject to an additional GST charge.

Certificate in Internal Audit Fee

Name of the Course 

Fees

Certificate in Internal Audit

Rs. 3,499 + GST

certificate availability

Yes

certificate providing authority

Vskills

Who it is for

Certificate in Internal Audit classes target individuals who are in the following professions:

Eligibility criteria

Certification Qualifying Details of Certificate in Internal Audit

To earn the certificate, candidates are obliged to complete a 60-minute online test comprising 50 questions. The passing criterion for the test is to achieve a minimum of 25 marks. There will be no penalty for incorrect answers, meaning no marks will be deducted for wrong responses.

What you will learn

Risk management

After completing the Certificate in Internal Audit syllabus, you will have a solid understanding of the fundamental principles and concepts of internal auditing, including its purpose, scope, and role within an organization. You will also learn how to plan and conduct internal audits effectively. This includes identifying audit objectives, assessing risks, designing audit procedures, and executing the audit process.

The syllabus

Accounting Basics

  • What is Accounting?
  • Accounting Terms
  • Concepts of Accounting
  • Conventions of Accounting
  • Branches of Accounting
  • Classification of Expenses, Income, Assets, and Liabilities
  • Financial Statements
  • Systems of Accounting
  • Basis of Accounting
  • Source Documents
  • Journal
  • Ledger
  • Trial Balance
  • Subsidiary Books
  • Bank Reconciliation Statement (BRS)
  • Rectification of Errors
  • Suspense Account
  • Capital Expenditure and Revenue Expenditure
  • Capital Receipts and Revenue Receipts
  • Depreciation
  • Company Final Accounts

Auditing Basics

  • What is Auditing?
  • Types of Audits
  • Auditing Advantages and Limitations
  • Principles of Auditing
  • Auditing Standards
  • Important Auditing Terms
  • Expression of Opinion
  • Fraud and Error Detection
  • Audit Materiality
  • Audit Risk
  • Internal Auditing

Auditor Skills

  • Who is an Auditor?
  • Types of Auditors
  • Qualities of an Auditor
  • Critical Thinking
  • Decision Making
  • Relationship Management

Internal Controls, Policies and Procedures

  • Basics of Internal Controls
  • COSO Framework
  • Other Frameworks
  • Steps to Audit with an Internal Control Framework
  • Internal Controls Policy and Procedures
  • Control Environment
  • Entity’s Risk Assessment Process
  • Control Activities
  • Tools and Techniques

Audit Planning

  • Audit Planning Basics
  • Audit Plan
  • Audit Strategy
  • Audit Program
  • Audit Engagement

Stakeholder Analysis

  • Stakeholder Engagement Methods
  • Stakeholder Index Value
  • Stakeholder Prioritization
  • Stakeholder Analysis

Audit Execution and Reporting

  • Audit Execution
  • Audit Evidence
  • Audit Sampling
  • Audit Documentation
  • Vouching
  • Verification of Assets
  • Verification of Liabilities
  • Financial Statement Auditing
  • Audit Quality
  • Auditor's Professional and Ethical Responsibilities
  • ERP Auditing
  • Cloud Computing Audit

Governance, Risk Management & Compliance

  • What is Governance, Risk Management, and Compliance (GRC)?
  • Corporate Governance
  • Risk Management
  • GRC and Compliance
  • GRC Maturity

Admission details

To register for the Certificate in Internal Audit online course, follow these steps:

Step 1. Use the provided link: https://www.vskills.in/certification/accounting-banking-and-finance/internal-audit-certification-course. 

Step 2. On the course page, click the "Buy Now" button.

Step 3. You will be taken to the checkout page, where you can review and confirm the course fees.

Step 4. If you already have an account, log in. If you are a new user, create a new account.

Step 5. Once logged in, choose your preferred payment method and complete the enrolment process. Upon completion, you will gain immediate access to the Certificate in Internal Audit course.

How it helps

Certificate in Internal Audit benefits the participants with a government certification. Holding a certificate in internal audit can enhance your professional credentials and increase your chances of career advancement within the field of auditing and risk management. You will acquire skills and knowledge that can be applied across various industries and sectors, making you a versatile asset to organizations in need of internal auditing expertise.

FAQs

What are the eligibility requirements for the Certificate in Internal Audit online programme?

There is no such pre-defined eligibility for this programme. 

What topics are covered in the Certificate in Internal Audit online course?

The course typically covers various areas, including internal audit principles and practices, risk assessment, governance, ethics, fraud detection, internal controls, and financial auditing.

What are the benefits of obtaining the Certificate in Internal Audit?

Earning the certificate can lead to career advancement opportunities, increased credibility as an internal auditor, improved skills and knowledge, access to a professional network, and potential salary enhancements.

What is the duration of this course?

The course is 10 hours.

Is there any examination to obtain the certification?

Yes, a candidate needs to pass an online test to get a merit certificate. Whereas a participation certificate will be provided to all the candidates. 

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