The Institute of Internal Auditors is recognized as the authority that establishes the guidelines and standards for the internal audit profession. The framework guides auditors in utilizing a structure methodology when performing internal audit evaluations.

This text base course provided in 6 sections. This section deals with concepts of internal audit’s role in the organizational governance process.

As the world has rapidly evolved over the past several years, internal auditors have been called on to provide a wide array of services. Yet, management often does not understand the full breadth of the IIA Standards and protocols auditors should follow when performing both Assurance services and Consulting services.

This set of courses on “The Internal Audit Function” was developed by Lynn Fountain, CPA, CGMA, CRMA, MBA, cPIA and past Chief Audit Executive. Lynn authored the book Leading the Internal Audit Function which was released by Taylor & Francis in 2017. In the book she outlines not only the Standards and expectations for internal auditors but the many challenges individuals in the profession face when trying to execute their duties.

Course Series

This course is included in the following series:

8 CoursesThe Internal Audit Function

  1. The Internal Audit Function - Purpose and Establishing the Function (Text Based Course)
  2. The Internal Audit Function - The Attribute Standards (Text Based Course)
  3. The Internal Audit Function - The Performance Standards (Text Based Course)
  4. The Internal Audit Function - Internal Audit’s Assurance Role and Risk Based Auditing (Text Based Course)
  5. The Internal Audit Function - Governance Role (Text Based Course)
  6. The Internal Audit Function - Internal Audit’s Role in Fraud Work (Text Based Course)
  7. The Internal Audit Function - Internal Audit’s Role in Fraud Risk Assessments (Text Based Course)
  8. The Internal Audit Function - Fraud Evaluation vs. Fraud Investigation (Text Based Course)
Learning Objectives
  • Explore internal audit’s role with the Board.
  • Discover and evaluate internal audit’s responsibility to the audit committee.
  • Recognize and example components of the audit committee charter.
  • Identify and understand obligations of the audit committee as it relates to internal audit.
Last updated/reviewed: August 19, 2023
7 Reviews (31 ratings)


Anonymous Author
Great course - offers a thorough overview of the internal audit's role in governance and internal audit's responsibility to the audit committee.

Anonymous Author
This well laid out presentation the role of Internal Audit and the Audit Committee and how they impact internal audit have on an organization.

Anonymous Author
I learned a lot about the internal audit functions and responsibilities. Great course.

Anonymous Author
It is a great course to understand Governance Role in the Internal Audit Function.

Member's Profile
Nice informative document related to the IA function in roles of governance. .

Anonymous Author
Very insightful and informative course. Recommended to anyone in the field.

Anonymous Author
I enjoyed the course and found it very informative.

Course Complexity: Foundational
No advanced preparation or prerequisites are required 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 .
Instructor for this course
Course Syllabus
  The Internal Audit Function - Governance Role (Text Based Course)PDF