2 CPE Note - This course overviews the 2017 IPPF Standards that will remain effective until January 2025. The updated Standards are the Global Internal Audit Standards. The course within this certificate program includes an overview of those standards, however, it is important that internal auditors have a strong understanding of all the Domains within the updated standards. Those Domains are reviewed in separate courses outside of this certificate program.
Corporate management personnel often are not aware that internal auditors have standards and guidelines defined by the profession. Internal Audit (IA) is not always seen as those who must follow established professional standards. Internal auditors don’t have a “license to practice”. So why do we need Standards?
A value oriented IA function will have an understanding of the International Professional Practices Framework (IPPF) Standards and be able to articulate their importance to management. Absence of acknowledgement of the Standards infers the group is a quality assurance function. That may be what the organization wants, but they should be able to differentiate.
The courses on “Top Skills for Internal Audit” and “Foundations of Internal Audit” covered aspects of business acumen and included concepts of the Institute of Internal Auditors (IIA) Standards. This course will delve deeper into the major components of the Standards and their meaning to the profession.
Learning Objectives
- Explore the mission of Internal Audit (IA) as defined by the Institute of Internal Auditors (IIA)
- Explore the Mandatory Guidance and core principles as identified by the Institute of Internal Auditors Standards
- Explore the IA Code of Ethics as defined by the Institute of Internal auditors
Last updated/reviewed: March 26, 2024
Included In Certifications
This course is included in the following Certification Programs:
32 CoursesInternal Controls and Internal Audit Certification
- Internal Audit Standards Overview
- Managing the Internal Audit Function in Line with GIAS - Part 1
- Managing the Internal Audit Function in Line with GIAS – Part 2
- Managing the Internal Audit Function in Line with GIAS – Part 3
- Executing the Internal Audit Engagement in Line with GIAS – Part 1
- Executing the Internal Audit Engagement in Line with GIAS – Part 2
- Identifying and Implementing the Proper Balance of Internal Controls
- Documentation Methods For Internal Control Processes
- Segregation of Duties for Core Business Processes
- Foundations for a Strong Internal Audit Department
- Internal Audit Management - Top Skills
- Internal Audit: Keys to Managing an Effective Function
- Understanding Risk-Based Auditing
- Risk Based Auditing – Establishing a Methodology
- Risk Based Auditing – Applying the Methodology
- Cyber Risk Frameworks And Concepts
- Information Technology (IT) Controls in Emerging Business Environments
- Fraud Risk Assessments
- Professional Skepticism - Keys to Maintaining
- Introduction to Forensic Accounting
- The Fraud Triangle
- Internal Audit Effective Relations with the Audit Committee
- COSO 2013 Overview
- COSO 2013 - Operational Execution
- Internal Audit Emerging Risks for 2021 and Beyond - Part 1
- Internal Audit Emerging Risks for 2021 and Beyond - Part 2
- Internal Audit Emerging Risks for 2021 and Beyond - Part 3
- Internal Audit Emerging Risks for 2021 and Beyond - Part 4
- Internal Audit Challenges During Times of COVID
- Global Internal Audit Standards (GIAS) - Overview and Contrast to 2017 International Professional Practices Framework
- Tools for Internal Control Certificate
- Lessons of an Auditor- Tools for Internal Control Certificate
96 Reviews (359 ratings)
Reviews
Anonymous
(Senior Auditor)
The course provides an excellent in depth overview IIA Standards for Internal Auditors, including a dive into the core principles, key definitions, and the mission and/or objective of Internal Audit. In addition, many professional examples are provided to give you a complete understanding of how these standards apply to the workplace.
Maged Medhat Shoukri
( at Banquet Misr)
Very comprehensive and imfo content
The instructor explained all topics in the course in easy and friendly manner
I highly recommend this course to everyone who seeks cybersecurity course or to fulfill isaca cpe for isca certifications.
Many thanks to illumeo
All your courses are excellent and comprehensive in all fields.
Makarand Vaidya
(Senior Internal Auditor at Latitude12 Pty Ltd)
The course explained very well the core principles and mission of the IA activity. It also explained very well the IPPF standards and the Code of Ethics.
May be some scenarios normally faced by the IA in their practical professional life which challenge these principles could have been listed for better understanding
Anonymous
(VP, WFM and BusTech)
The presenter's delivery style is conducive to effective learning and knowledge retention of course content. I enjoyed Lynn's approach to building on previous internal audit-related courses; her supporting materials are easy to comprehend and apply to real-world business scenarios. Nicely done!
Anonymous
(Director)
This was a great refresher on some of the key concepts outlined in the IIA standards. The material was easy to navigate and understand. This course is good for all IIA professionals every 2-3 years in order to keep the standards top of mind.
Anonymous
(SFA)
I liked the way the course was provided with relevant slides and information. The material is more of an introductory level, so it is expected to take a more detailed course to get actual knowledge of the subject.
Anonymous
(Risk Analyst)
I liked this course because it was factual and very to the point. I think that the instructor was very knowledgeable but there was something distracting with the audio when she spoke, but that could be on my end.
Anonymous
(Auditor)
Applying the Standards for Internal Auditors in Line with Your Organization's Needs - Part One" does a good job of introducing the Standards and principles and showing how to apply them to each organization.
Huy Dinh Duc
(Assistant Internal Audit Manager at Shinhan Vietnam Finance Company Limited-..)
This is a very good brief review for Standards of IIA.
The course also provides many practical challenges against the Standards and alternatives for those challenges which I personally find very useful
Anonymous
()
This was a good introduction to Standards for Internal Auditors. It covers quite a bit of information on Internal Audits. The speaker gives good examples to help you understand the information
Christina Woodward
( at ZoroHR, LLC)
Thank you, this course was great. I felt like it covered everything necessary and provided me with the tools to pass the exam at the end. Overall I would recommend this to a colleague.
Anonymous
(Senior Data and Reporting Analyst)
This was a great overview for me to get an introduction to Internal Audit as a governing body. Being new to Audit in general, it is good to have a high-level summary to get my feet wet.
Steven Collins
(Sr. Director of Cost Management and Comp.. at Vertex Aerospace)
Excellent overview of the internal audit function and their responsibility in accordance with internal audit standards and the International Professional Practices Framework
Natalia Lippold
(Certified Payroll Professional at Trivantus, Inc.)
Ms. Fountain makes the subject clear and easy to understand and uses excellent real-life examples. The subject was easy to follow and interesting. Thanks so much!
Felix Murphy
(Risk Control Analyst at VA - U.S. Department of Veterans Affairs)
I enjoyed the discussions of the core principles and the ethics surrounding that subject. I never considered an entity's positioning of the IA to be a risk.
Anonymous
(Internal Audit Manager / GRC)
The course was very well presented & paced. I would recommend it to others, especially individuals new to the profession and/or studying for the CIA exam.
Anonymous
(Senior Accountant)
Overall, the Internal Audit Standards provide a framework for internal auditors to perform their work in a professional, objective, and effective manner.
john mahlstedt
(Internal Audit Consultant at ConnectSearch LLC)
Good course with very relevant information provided in a simple and easy to understand format. Provided enough information without too much detail
Judith Poli
(Payroll Manager at Odyssey Systems Consulting)
I really enjoy all of Ms. Fountain's classes, her voice is easy to listen to, she provides real-life examples and always keeps my attention.
Kevin Murray
(Business Partner - Strategic Projects at The Wesson Group)
An excellent course on the responsibilities and standards of internal auditors. I am not an IA and learned a lot about the profession.
Anonymous
(Consultant - Process Specialist)
The speaker discussed a depth overview IIA Standards Many examples are provided to give you a better understanding of these standards
Anna Poselenova
( at Junior's)
Lynn is a fantastic instructor, she presents clearly and with lots of examples that makes it easier to understand the subject.
Anonymous
(Payroll Analyst)
Great course on internal auditing, it will be helpful to anyone in accounting not just those that serve in an audit capacity.
Anonymous
(Consultant)
The course is a good introduction to the internal audit function. Lots of double negatives in the test questions though...
Adara Reese
(Program Analyst-Auditor at VA - U.S. Department of Veterans Affairs)
This was a good refresher of some of the basic concepts that build the foundation of an effective Internal Auditing Team.
Anton Chornyi
(CIA at FAG)
Very good brief review for Standards of IIA. The course provides with the tools to pass the exam. Highly recommend
K Harper
( at JLL)
Great class
Cristina Palacios
(Senior Internal Auditor at CommunityBank of Texas)
Good introduction to the IIA standards. Presentation was informative to establish a value oriented IA function.
Anonymous
(Manager of Audit)
Lynn always gives great examples that really help you apply the concepts and that is still true in this lesson!
Anonymous
(VP of Payoll)
I really enjoy the trainings from this teacher. She is very well spoken, well educated and easy to understand.
Jimmy Hall
( at Consultant)
This course was very effective at delivering the ideas needed to be a more effective leader, and professional.
Anonymous
(Auditor I)
This course was very helpful. It has a lot of information and some sessions needed to be in its own section.
Anonymous
(internal auditor)
Спасибо за подробный курс. Материал изложен очень доступно
Anonymous
(IT Advisory Snr. Associate)
This training is highly refreshing. Nothing surprised me and the training will be beneficial to new auditors
Anonymous
(General Director - Audit)
Good overview of how the Internal Audit Standards are applied and relevant to interactions with management.
Anonymous
()
good review of internal audit principles with the focus on ethical auditing. my thanks to the presenter.
Anonymous
()
Good educational course for new auditors as well as a good refresher course for experienced auditors.
Robin Smith
(Supervisor of Audit Quality at Simmons Bank)
Lynn Fountain is an exceptional instructor. Her coverage of the material is thorough and complete.
Anonymous
()
This course effectively outlines the definition, core principles, and standards of internal audit.
Anonymous
(Audtor)
Good reminder of elements of the IPPF in easily consumable format. Useful examples also added in.
Anonymous
()
Good materials which give me more understanding in IIA principles. Thank you for good preparation
Thomas Borja
( at Credit One)
Great intro to the IIA standards! Necessary information for both the new and experienced auditor.
Anonymous
()
This part one course was a very good refresher for me. It was succinct and met the objectives.
Anonymous
(finance controller /Director)
My concern is code of Ethics. As per text, IA's Code of Ethic extends beyond the definion of IA
Anonymous
(Senior Associate IA)
I think the instructor does a great job explaining the information and providing good examples.
Catherine Reinke
(Auditor at VA - U.S. Department of Veterans Affairs)
Good overview of the IIA Standards. Lynn explains concepts clearly with real world examples.
Anonymous
(Risk Advisory Associate)
This course was educational and useful for understanding how to apply the Standards for IA
Adel Nazeer Ahmed
(Senior Manager - Internal Audit at Gulf Bank)
Great refresher course on the IA Standards. Material is structured well and easy to follow.
Anonymous
(Chief Strategist)
This course is an excellent review and precursor to any of the ethics courses. I loved it.
Anonymous
(Senior Internal Auditor)
It was good to again hear an overview of the IIA standards and how they relate in reality
Anthony Baca
(Manager at RSM)
Provides a deeper understanding of internal audit principals and ethics rules of conduct
Anonymous
(Director)
Good reminder of the standards and how they should be considered relevant at all times.
Anonymous
(Payroll Administrator)
Thank you. Dry much for this course. I learned a lot of new things regarding the topic.
Anonymous
(Not Provided)
This course covers applying the standards of the IIA in a organizational environment.
Anonymous
(Auditor)
Internal Audit Standards Overview was a great foundation course to build on. Thanks.
Anonymous
(Finance and IT Consultant)
Excellent presentation providing an overview of IIA, the standards, and expectations.
Anonymous
(Auditor)
this course had a lot of excellent material that was very helpful for beginners.
I found this course to be very helpful to learn the ethics of internal auditing.
Anonymous
(Program Analyst (Auditor))
Some of the questions on the final quiz were confusing in how they were worded.
Jeff Martin
(Internal Audit - Manager at Dovenmuehle Mortgage Inc)
Content is very well presented, and slides are relevant to the course content.
Anonymous
(SVP Corp Compliance & Accounting)
Great overview of internal audit. definitely going to refer back to this one.
Anonymous
()
Very good course to internal audit standards overview for refreshing my mind.
Anonymous
(Internal Controls Manager)
It is a good course to remind myself regarding an Internal Audit Standards.
Anonymous
()
The information in this course was presented clearly for the subject matter.
Sylvia Ratliff
(internal audit consultant at self employed)
I appreciated the review and expanded appreciation of the material covered.
Ibrahim Khalil
(Accountant at Axians IT Busniess Solutions GmbH)
The information are good organised. The imprortant information are listed.
Jennifer Pawliw
(Staff Auditor 1 at Berkshire Bank)
good course covering the basics.........................................
Anonymous
(Staff Auditor II)
This information is helpful to someone starting into the auditing role.
Carolyn Bowlby
(PRogram Analyst/Auditor at VA - U.S. Department of Veterans Affairs)
I found this course somewhat engaging and more examples would be nice.
Anonymous
()
Good overview of the core principles of internal auditing standards.
Anonymous
()
The core concepts were well defined and well explained. Recommend.
Corey Masters
(Accountant, Internal Auditor, Risk Speci.. at Self)
Another good course in the series of internal control certification.
Anonymous
(Auditor)
Useful for general information. I will recommend it to my colleagues
Anonymous
(Director)
Great class, easy to follow content and very relevant to my job.
William Seubert
(Internal Audit Manager at Angi, Inc.)
Clear and well-presented introduction or refresher on the IPPF.
Anonymous
()
thank you lynn i love your courses have a nice day. from Igors
Anonymous
(Internal Auditor)
Very informative, this gave a good overview of the Standards.
Anonymous
(Program Analyst-Auditor)
Really like having slides I can keep on hand for reference.
Edmeire Oliveira
(Director of Accounting Latam at Blue Loop Capital)
interesting subject, well distributed , good instructor
Jennifer Pawliw
( at Firley, Moran, Freer & Eassa)
great course, very informative and easy to follow along
Anonymous
(Program Analyst)
Well put together, straight forward, and easy to follow!
Jennifer Bor
(Sole Practitioner at Accounting and Business Management Consu..)
well thought out and acceptable for cpe review purposes
Anonymous
(Senior Payroll Specialist)
Good building block course to internal audit demands.
Anonymous
()
Great high level overview of internal audit standards
Anonymous
(Director, Tech Audit)
Good presentation, good overview, Good documentation
Sophia Kasozi
(- at City of Edmonton)
Great refresher on the Standards of Internal Audit.
Anonymous
()
Well presented. Clear and relevant. Well supported.
Kirit Kapadia
( at Kirit KapadiaCPA)
Valuable information about internal audit function
Michael Goodhines
(Internal Audit Director at Cross River Bank)
Good Overview. understood and grasped the concept.
Anonymous
(Accounting Manager)
This is a good course for introduction to the IIA.
Anonymous
(Head of Internal Audit)
Very detailed and comprehensive session.
Anonymous
(-)
INFORMATIVE CONTENT EASY TO UNDERSTAND.
Michael OConnor
(Retired at Retired)
I enjoy this course and the instructor
Anonymous
(Insurance Broker)
Easy to understand solid presentation
Anonymous
()
interesting course
Baris Arslan
(Internal Audit Director at Freelance)
Very helpfull
Prerequisites
Course Complexity: Intermediate
No Advanced Preparation or Prerequisites are needed for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Lynn FountainCPA, CGMA, CRMA, MBA, cPIA, Consultant, Author, Trainer
About Illumeo
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