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Finance, Banking & Investment

Internal Audit Fundamentals

A practical professional programme focused on internal audit fundamentals, designed to strengthen financial capability, analytical judgement and organisational performance.

Type
Professional
Level
Intermediate
Duration
5 days
Delivery
In person, Live online, In-house
Languages
English, Arabic

Internal Audit Fundamentals provides a structured introduction to the purpose, principles and practical activities of internal auditing.

The programme examines internal audit's role in governance, risk management and control and introduces participants to audit planning, evidence gathering, testing, documentation, findings and reporting.

Participants develop a practical understanding of how internal auditors provide independent assurance and constructive insight while maintaining professional objectivity.

Objectives

  • Understand the purpose and role of internal audit.

  • Explain the relationship between governance, risk and control.

  • Develop basic audit planning and evidence-gathering skills.

  • Apply structured approaches to audit testing and documentation.

  • Prepare clear audit findings and recommendations.

Learning outcomes

  • Explain the responsibilities and principles of internal auditing.

  • Identify key risks and controls within an auditable process.

  • Develop basic audit objectives and procedures.

  • Collect and document sufficient audit evidence.

  • Communicate audit findings clearly and constructively.

Who it is for

  • Junior internal auditors.

  • Professionals moving into internal audit roles.

  • Risk and control professionals.

  • Finance professionals supporting audit activities.

  • Managers seeking a practical understanding of internal audit.

Programme modules

1. Internal Audit Foundations
  • Purpose of internal audit

  • Assurance and advisory roles

  • Independence and objectivity

  • Professional responsibilities

2. Governance, Risk and Control
  • Governance structures

  • Risk management

  • Internal controls

  • Audit contribution to assurance

3. Audit Planning
  • Audit objectives

  • Scope definition

  • Understanding the process

  • Planning audit procedures

4. Audit Evidence and Testing
  • Evidence types

  • Sampling concepts

  • Control testing

  • Substantive testing

5. Audit Documentation
  • Working papers

  • Evidence trails

  • Documentation quality

  • Review requirements

6. Findings and Reporting
  • Developing audit findings

  • Root causes and impacts

  • Recommendations

  • Audit report structure

Methodology

The programme combines internal-audit frameworks, process scenarios, control-analysis exercises and practical working-paper activities. Participants practise planning and conducting selected elements of an internal audit engagement.

Assessment

Assessment includes risk-and-control exercises, audit-procedure tasks and a final applied case requiring participants to develop findings and recommendations from audit evidence.

Certificate

Certificate of Completion

For your organisation

This programme can be delivered for a single organisation, team or institution, and adapted to your context, participants and objectives.

Organisational delivery is scoped and priced individually, and is not booked from this page.

Discuss this programme

Upcoming sessions

No dates are scheduled at present.

Training & Professional Development

Structured professional learning that develops practical, role-relevant knowledge and capability.

Consulting & Advisory

Structured advisory support for strategy, governance, performance, transformation and organisational decision-making.

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