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Internal Audit Core

  • 9 Sections
  • 53 Lessons
  • 40 Hours
Expand all sectionsCollapse all sections
  • Module 1: IIA Standards & Global Internal Audit Guidance (2024)
    Understand the modern internal audit profession, its mandate, governance and quality requirements, anchored in the 2024 Global Internal Audit Standards.
    9
    • 1.1
      1.1.1 Evolution of Internal Auditing
      10 Minutes
    • 1.2
      1.1.2 Purpose of Internal Audit
      10 Minutes
    • 1.3
      1.1.3 Ethics and Professional Conduct
      10 Minutes
    • 1.4
      1.1.4 Independence and Objectivity
      10 Minutes
    • 1.5
      1.1.5 Governance Responsibilities
      10 Minutes
    • 1.6
      1.1.6 Managing Internal Audit Quality
      10 Minutes
    • 1.7
      1.1.7 Quality Assurance & Improvement Programmes
      10 Minutes
    • 1.8
      1.1.8 External Quality Assessments
      10 Minutes
    • 1.9
      Practical Exercise
      10 Minutes
  • Module 2: Risk-Based Internal Auditing
    Move from checklist auditing to strategic, risk-driven auditing: ERM fundamentals, building a risk universe, prioritisation, and developing risk-based audit plans.
    4
    • 2.1
      1.2.3 Building a Risk Universe
      10 Minutes
    • 2.2
      1.2.4 Risk Prioritisation
      10 Minutes
    • 2.3
      1.2.5 Developing Risk-Based Audit Plans
      10 Minutes
    • 2.4
      Exercise 05 — Case Study: Developing a Risk-Based Audit Plan (30 Minutes)
      10 Minutes
  • Module 3: COSO ERM and Internal Control Framework
    Master the globally accepted COSO Internal Control and COSO ERM frameworks for governance and risk oversight.
    10
    • 3.1
      1.3.1 COSO Internal Control Framework
      10 Minutes
    • 3.2
      1.3.2 Control Environment
      10 Minutes
    • 3.3
      1.3.3 Risk Assessment
      10 Minutes
    • 3.4
      1.3.4 Control Activities
      10 Minutes
    • 3.5
      1.3.5 Information and Communication
      10 Minutes
    • 3.6
      1.3.6 Monitoring Activities
      10 Minutes
    • 3.7
      1.3.7 COSO ERM Components
      10 Minutes
    • 3.8
      1.3.8 Governance and Culture
      10 Minutes
    • 3.9
      Case Study: When Control Environment Defeats Every Other Control
      10 Minutes
    • 3.10
      Workshop: Assess Your Organisation’s ERM Maturity
      10 Minutes
  • Module 4: Control Testing Techniques & Audit Evidence
    Perform testing that produces credible and defensible findings: evidence standards, sampling, walkthroughs, compliance and substantive testing, data analytics and continuous auditing.
    10
    • 4.1
      1.4.1 Audit Evidence Standards
      10 Minutes
    • 4.2
      1.4.2 Sufficiency and Appropriateness
      10 Minutes
    • 4.3
      1.4.3 Sampling Techniques
      10 Minutes
    • 4.4
      1.4.4 Walkthrough Testing
      10 Minutes
    • 4.5
      1.4.5 Compliance Testing
      10 Minutes
    • 4.6
      1.4.6 Substantive Testing
      10 Minutes
    • 4.7
      1.4.7 Data Analytics for Auditors
      10 Minutes
    • 4.8
      1.4.8 Continuous Auditing
      10 Minutes
    • 4.9
      Case Study: Equifax — A Control That Existed on Paper
      10 Minutes
    • 4.10
      Workshop: Hands-On Testing of Procurement, Payroll and Revenue Controls
      10 Minutes
  • Module 5
    Root Cause Analysis & Effective Issue Writing — content coming soon.
    0
    • Module 6
      Audit Report Writing for Executives & the Board — content coming soon.
      0
      • Module 7: Fraud Risk Management & Forensic Awareness
        Strengthen fraud prevention and detection capabilities: fraud triangle/diamond, fraud risk assessment, cyber fraud risk, and digital evidence.
        6
        • 7.1
          1.7.1 Fraud Triangle and Fraud Diamond
          10 Minutes
        • 7.2
          1.7.2 Fraud Risk Assessments
          10 Minutes
        • 7.3
          1.7.3 Red Flags and Warning Signs
          10 Minutes
        • 7.4
          1.7.6 Cyber Fraud Risks
          10 Minutes
        • 7.5
          1.7.7 Digital Evidence
          10 Minutes
        • 7.6
          1.7.8 Whistleblower Systems
          10 Minutes
      • Module 8: Fraud Risk Investigation and Red Flags
        A deep-dive on fraud investigation methodology, whistleblowing, behavioural and management red flags, and evidence/chain-of-custody management.
        13
        • 8.1
          01.1 The Fraud Examination Process
          10 Minutes
        • 8.2
          01.2 Fraud Examination Theory: From Predication to Investigation
          10 Minutes
        • 8.3
          01.3 The Evolution of a Typical Fraud
          10 Minutes
        • 8.4
          01.4 Common Fraud Schemes
          10 Minutes
        • 8.5
          01.5 Investigative Strategy and the Fraud Risk Response Team (FRRT)
          10 Minutes
        • 8.6
          01.6 Fraud Investigation Mechanisms
          10 Minutes
        • 8.7
          02.1 Whistleblowing: Definition and Types
          10 Minutes
        • 8.8
          02.2 Red Flags: Definition and Contributing Factors
          10 Minutes
        • 8.9
          02.3 Behavioural Red Flags
          10 Minutes
        • 8.10
          02.4 Employee and Management Red Flags
          10 Minutes
        • 8.11
          02.5 Detection: How Fraud Is Actually Uncovered
          10 Minutes
        • 8.12
          03.1 Chain of Custody and Evidence Management
          10 Minutes
        • 8.13
          03.2 Handling of Exhibits: Practical Procedure
          10 Minutes
      • Downloadable Materials
        Download all modules for offline access below.
        1
        • 9.1
          Downloadable Materials
      This content is protected, please login and enroll in the course to view this content!
      Case Study: When Control Environment Defeats Every Other Control
      Prev
      1.4.1 Audit Evidence Standards
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