About this course
Internal audit, internal financial controls and risk: Foundations. For CA trainees; finance executives; new directors. Seven topic lessons and narrated animated explainers, seven knowledge checks, five applied activities and a sampled final assessment. Complete the guided Control classification table. Prerequisite: None. Original fictional cases explain the Companies Act and applicable governance controls. Confirm current rules, exemptions and live filing requirements for the actual entity. The study estimate measures all required learning; the workbook's 55-minute value was a planning target.
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Learners interested in this course
What you will learn
Course outline
1. Internal audit applicability and purpose
- Internal audit applicability and purpose
- Internal audit applicability and purpose — video
- Topic 1 knowledge check
- Decision Mission: Internal audit applicability and purpose
2. Directors’ control responsibilities
- Directors’ control responsibilities
- Directors’ control responsibilities — video
- Topic 2 knowledge check
- Case Quest: Directors’ control responsibilities
3. Key financial reporting risks and controls
- Key financial reporting risks and controls
- Key financial reporting risks and controls — video
- Topic 3 knowledge check
- Impact Simulator: Control-remediation backlog
4. Audit committee oversight of findings
- Audit committee oversight of findings
- Audit committee oversight of findings — video
- Topic 4 knowledge check
- Practice Lab: Audit committee oversight of findings
5. Vigil mechanism and reporting channels
- Vigil mechanism and reporting channels
- Vigil mechanism and reporting channels — video
- Topic 5 knowledge check
- Roleplay Studio: brief the decision-maker
6. Basic distinction among design, operation and evidence
- Basic distinction among design, operation and evidence
- Basic distinction among design, operation and evidence — video
- Topic 6 knowledge check
7. Case: Classify preventive and detective controls
- Case: Classify preventive and detective controls
- Case: Classify preventive and detective controls — video
- Topic 7 knowledge check
Final assessment
- Final assessment