7.5 CPE This course is designed to provide the required understanding and insight into understanding, designing, managing and monitoring internal audits. Internal audits are critical to all aspects of financial, operational and compliance processes. For businesses to succeed in today’s global economy, professionals must be able to distinguish quickly between everyday tasks and internal audit requirements. Many of our users have asked for longer courses worth more continuing education credits, and we listened! This 8-hour course takes a comprehensive and in-depth look at critical principles and real-world scenarios involved the management of your internal audit processes and procedures.
Learning Objectives
- Explore critical components of upholding your internal audit charter.
- Evaluate the definition and requirements of risk based auditing.
- Determine the meaning of developing an independent audit plan.
Last updated/reviewed: August 12, 2023
142 Reviews (594 ratings)
Reviews
Anonymous
(Auditor I)
Focuses a lot on higher level IA positions, not necessarily the entire IA dept. as a whole.
Anonymous
(VP, WFM and BusTech)
This comprehensive course served as a great overview and refresher, reinforcing the significance of establishing and maintaining an effective and highly-respected Internal Audit function within the organization. As a senior business operations leader in my organization, this course also provided me with additional insights into the importance of the IA function as well as viewing a few things through a slightly different lens, which will undoubtedly make me a better business partner to support my cross-functional IA partners. I always enjoy Lynn's courses, and her supporting materials are unparalleled - nicely done!
Devery Adair
(CFO at PLI Industries LLC)
This course was very informative. There were some cases offered and examples offered from personal experience and Ms Cooper's case but I would have liked more concrete examples or cases to help make this material more relatable. The repetition was helpful but some of it could have been replaced by more substance. This course has great potential.
Anonymous
(Internal Audit Manager)
A very thorough course covering all important areas: skill for IA management, managing the IA function, and building effective relationships with the Audit Committee. To be successful with the Audit Committee IA should make sure that management takes appropriate action to audit findings before raising the issue with the Audit Committee.
Anonymous
()
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.
Anonymous
(Risk manager)
Taking this course would help me to develop the strong foundation for internal Audit function, and I think it would be better to give me more examples to further understand the essence of the internal audit control, because my supervisor sometimes ask me to design some internal control for the safty of the company administration.
Anonymous
()
Provides a great overview of what is expected to operate an effective internal audit function. Emphasis on establishing and maintaining communication with the audit committee and management. Importance of reviewing audit standards with management and board to improve relationship between departments.
Anonymous
(Payroll Manager)
This was an interesting course to delve into the function of Internal Audit. My primary role within my organization is not audit, so it was interesting to learn the standards, best practices that are in place for IA. The knowledge gained will help me partner better with my Internal Audit colleagues.
Anonymous
(Owner)
Great content with meaningful, substantive questions posed and answered. The combination of written and audio materials provided an excellent union of framework and reference information supported with anecdotal examples and professional experience, including variations witnessed in practice.
Joshua Knight
(Internal Audit Director at Alliance Health)
I enjoyed the examples provided for all key topics. I also can tell Lynn is experienced and knows what she's talking about. This course was comprehensive, and would benefit IA leadership who are new to the role or in need of a refresher on key elements of a high-functioning IA dpt.
Susan Cypert
(Accounting Position at Currently Seeking)
This was an in-depth, critical thinking, informative course. Lynn always presents her courses with detailed structure and thought-provoking examples. I know when went I take one of her courses, I will be more empowered with the knowledge she provides.
Anonymous
()
Great overall understanding of the internal audit function as it relates to the audit committee, IA and CAE. As well as overall communication between IA and management. Great course for good overall understanding of the importance of Internal Audit!
Lilian Dendrinos
(consultant at DLC Group)
Fantastic course. I've taken ALL of Lynn's classes and although some of the information from this class appeared on other courses, this course brought everything together. I'm not in IA but this course made me appreciate their position.
Susan Sifford
(Paryoll Specialist at Mellott Co)
The webinar was great and the speaker exceptionally knowledgeable. I will definitely look into her publishing's to gain further knowledge on the subject. There is an abundance of information on the relationship between IA and the company.
Nicole Cunnea
(Implementation consultant at ADP)
I really enjoy Lynn's courses. She gives an easy accessible explaination for rather complicated topics. While I will most likely never been part of an audit committe, I at least have a better understanding of the process.
Jessica Flesher
(Supervisory Program Specialist at VA - U.S. Department of Veterans Affairs)
This was a great course! I really enjoyed the speaker. She had real life experience that I could easily compare to my current role and past situations. Overall, I would recommend to anyone in any level of their career.
Lisa Marie Harrington
( at City of Richardson)
Lynn consistently provides lessons that are relatable to modern day issues and focus points. The perspectives of the relationships between the Internal Auditor and upper management were especially on-point in this course.
Lawrence Hirsch
(Controller at Builders design)
Lynn,
This internal audit series is just what the doctor ordered. Complete and concisely narrated. I highly recommend this course. It is long but one does not mind as it is chock full of impactful goodies.
Larry
Anonymous
(Director of Accounting)
Good overview of the role of IA and how to set yourself up for success in leading the IA department. Would by nice if all the material was in one document instead of multiple different documents for future reference.
Marcia Williams
(N/A at N/A)
Very good resource and points to garner support for an organization's CAE efforts or helping to prepare one for roles in IA with other training. Good point of reference for best practices and IA recommended standards
Anonymous
(Senior Internal Auditor)
I agree with another review of the course i've seen. Class and information is great, however the questions involve too many "which is these is not" true types of questions which can add confusion to the reader.
Jennifer Thomure
(Compliance Officer at Financial Institution)
This was a really great course to outline why building a strong IA function is important. From accurately defining the charter to tips for communicating effectively with the board and executive management.
Makarand Vaidya
(Senior Internal Auditor at Latitude12 Pty Ltd)
This was a totally comprehensive course. It provided a good understanding of the role of Internal Audit, Audit Committees and the ways to develop good working relationship between AC, IA and the management
Anonymous
()
Very informative and helpful to me in my role. I learned the importance of soft skills, how to set up the internal audit function, and the importance of helping my executive team understand the standards.
Alan Christopher
(Director of Internal Audit at DuPont Community Credit Union)
This course gave a good overall picture of how an Internal Audit Department should maintain independence, while partnering with management and the Audit Committee for maximum efficiency and effectiveness.
Stephen Vigil
(Investment Accounting Bureau Chief at State of New Mexico)
I appreciate the thought and effort you put into designing this course, Lynn! The comprehensive approach to teaching allows the student to have a holistic understanding of an internal audit function.
Natalia Lippold
(Certified Payroll Professional at Trivantus, Inc.)
Although I do not work in an Internal Audit function, Ms. Fountain has made the topic easy to follow and understand. She uses real-world examples and keeps the topic interesting and relevant. Thanks!
john mahlstedt
(Internal Audit Consultant at ConnectSearch LLC)
Very comprehensive easy to understand presentation. Provides a very valuable high level view of most facets of how to operate an effective Internal Audit Operation, especially for the lay person.
Anonymous
(CSR)
Really a good course to give a high-level view of what CEA is responsible for and how to carry out their duties and defines in a good way the responsibilities of the internal audit department.
Jacob Daniel
( at United Community Bank)
The course was fine. Pretty basic.........................................................................................................................................................
Anonymous
()
This course is a great reminder of the basic principles of the internal audit function. Especially for experienced staff that can use a refresher on why specific standards are in place.
Jennifer Bor
(Sole Practitioner at Accounting and Business Management Consu..)
works for what i need to renew my cpa and cia licenses. There are a lot of questions which say "what would NOT be...." and the phrasing can get confusing when looking at the answers.
Anonymous
(Payroll Analyst)
This is a very informative course on Internal auditing, it gives good resources and has useful information for auditors as well anyone that participates in any type of audit functions.
Anonymous
(Not Provided)
Great course to cover all the basics for internal audit and how it fits in with corporate leadership as well as the audit committee, all tied in with IIA guidelines for best practices.
Anonymous
(Auditor)
The content is very relevant and provides sound reasoning for the standards. It would be nice if the instructor could combine all of the course materials into a single document.
Anonymous
()
This was a great course on Internal Audit and how the function should be structured within a company. It has a lot of information on the relationship between IA and the company.
Suzanne Hill
( at CheckWise Payroll LLC)
This course provided good reminders and a good understanding of the principles of the internal audit function. There are good reasons to abide closely by these guidelines.
Anna Poselenova
( at Junior's)
This is very detailed coarse and it does cover all foundations of strong internal audit function. I recommend this coarse to anyone would like to brush up on the subject.
Anonymous
(Managing Director)
The course was well structured and helped me understand the subject matter at the appropriate level. I will use what I learned during this course to perform my job.
Judith Poli
(Payroll Manager at Odyssey Systems Consulting)
Wow, very thorough course, many details, great slides, lasting messages. I feel I have a much better grasp on the Internal Audit Function as a result of this course.
Anonymous
(Auditor II)
This course is great but if you have taken any of Lynn Fountain courses related to Internal Audit, you have most likely already seen and heard the material covered.
Christie Cartee
(Auditor at Army)
The teacher was interesting, and I enjoyed her real life examples.The way the information was broken up in to sections helped keep focus on the individual areas.
Bizuwork Negussie
(Director of Grants and Program Implement.. at ChildFund International)
This is sufficiently comprehensive and covers practical internal audit functions. Presented in a simple but reasonably sophisticated level, and quite practical.
Erica Thames
(Internal Auditor at Dept. Of Children and Families)
I'm new to internal auditing and this course helped me to understand the process better. I would recommend changing the title to suit the purpose of the class.
Thomas Hayes
(Clinical Associate Professor at University of Arkansas)
Loved the comprehensive approach to understanding internal audit. Well organized. Anyone teaching audit and/or internal audit should benefit from this course.
Doug Slaybaugh
( at The CPA Coach)
This was my second course from Lynn and again she did a great job of breaking down the topic for the course and making it very available to learn. Thank you.
Peter Abader
(- at BMO)
very nice course; loved the presentation. However, i faced some technical problems download the supporting materials.
I strongly recommend this course
Anonymous
()
the internal audit is the keys to building a great organization, and i believe with everyday passing the importance of the internal audit function raise
Anonymous
(Advisor)
The Foundations for a Strong Internal Audit Function was a great refresher on the purpose of the internal audit team and the role in the organization.
Anonymous
()
I thought that this a was a really comprehensive course that covered many aspects of what it takes to be a well regarded internal audit department.
Vincent Crisco
(Vice President at SMBC)
This was a good course to revisit the IIA Standards and revisit tops and refresh what is needed for foundations for a strong internal audit function.
Enisetty Sai Prakash
(Assistant Manager at Mylan)
Very knowledgeable and informative, session details in elaborated manner about complete roles and responsibilities of IA function in an organisation
Sealtiel Alvarez Sanchez
(Shared Service Center Manager at Aliaxis)
If you are a CAE or have similar responsibility it is a great course to take to better understand how to manage relationship with AC. Recommended.
Tom Winson
(Supervisor at RSM)
the course is a through explanation on how to become a better IA leader. Great class. A bit repetitive on certain ideas, but overall effective.
This is an excellent course on auditing! I feel like all the examples provided a well rounded explanation of the internal audit function.
KIM MILLER
( at Miller's Mowing & More)
This webinar provides a lot of knowledge on audits. There is a lot of useful information that will come in handy in the future. Thanks.
Anonymous
()
very useful and meaningful course. it highlights key points of internal audit function. highly recommended to be taken by professionals.
Anonymous
(Senior IT Auditor)
Great course. A lot of topics were reminiscent of my time in Internal Audit. Time allotted to the learning activity was appropriate
Sergey Bulychev
(internal auditor at Transneft Finance LLC)
Иногда во время вебинара слышится громкий звук, который давит по ушам)))
Anonymous
(Auditor)
This course was long but really worth it. I was able to learn new concepts that I should be able to implement immediately. Thanks.
Ahmed Saeed
( at Surgi-Tech)
Great efforts has been made to develop suck course and for sure it was really important to refresh myself with such information.
Anonymous
(Risk and Control Manager)
Comprehensive overview. Really similar to aspects of the CIA exam, so a good CPE course to keep knowledge on topics up to date.
I really liked this course. This course helped me understand the Internal Audit function better at the company I work for.
Jeff Nelson
( at A.O. Smith Corp.)
Very informative subject. The strong use of the IPPF was very good. Details in the presentations were also very well done.
Anonymous
(Finance Manager)
This was an amazing course!!!!!! I would highly recommend this course to anyone interested in Internal Audit!!!!!!!!!!!!!!
Anonymous
(Internal Auditor)
Very informative. I learned a ton from the "Building Effective Relationships with Management..." This was very helpful.
Rahul Gopi
(Internal Auditor- GRC at Cisco Systems, Inc.- GRC)
The course covered all the important aspects of Internal Audit. This was a good refresher training for me. Thank you.
Erika Alpiste
( at ADP)
Very indepth course about the internal audit committee and their partnership into internal guidelines. Great class!
Anonymous
(Director Internal Audit)
The course provides a good opportunity for professionals to learn the basic foundations of a strong IA function.
Anonymous
(Director, Governance)
This course covers a lot of material - great for those working with IA and trying to understand their role better.
Anonymous
(Senior Payroll Specialist)
This course provides a good understanding of the expectations and challenges that face internal audit committes.
Anonymous
(Audit Director)
Great course; super helpful. Great course for foundational understanding of the audit function at all levels.
Riaan Steyn
( at Private)
This was a good overview of the internal audit function, with all relevant parties and within the department.
Anonymous
(Payroll Consultant)
This internal audit course was exceptional - I learned so much. I will recommend highly to anyone that asks.
Leon Klipple
( at PPL EU Services Corp)
Very in depth course. Read the questions carefully so as not to get tripped up on the "which is not" types.
Anonymous
()
I actually enjoyed your lecture and the practice quiz questions kept the tone lighthearted but focused
S Marie Vernon
(- at --)
This is an exceptional course in implementing a strong internal audit function. Very easy to navigate.
Anonymous
(Internal Audit Manager)
Overall, beginning of the course started off well, but subsequent sections tended to repeat themselves.
Anonymous
(Assistant Controller)
Really liked this information. A lot of useful material that can be used with our internal audit teams.
Anonymous
(Operations Risk Manager)
This course was very helpful in setting the foundation for operationalizing Internal Audit. Nice Job!
Christopher Hole
(Director of Internal Audit at Roseburg Forest Products)
Somewhat repetitive, but a good refresher on some of the most critical concepts facing IA management.
Anonymous
(Entrepreneur)
I think the most common theme of the course is, the instructor repeating that IA is not for everyone.
christle madding
(payroll manager at lippert components)
very thorough overview of the internal audit process and the guidelines by which they are governed.
Anonymous
(Controller)
Great information made simple and easy to study. Enjoyed the course and all the information provided.
Anonymous
(Internal Controls Manager)
It was a long and practical courses establish a strong internal audit function in an organization.
Anonymous
(HR Director)
I enjoyed learning about the soft skills needed. It is important to have a trusting relationship!
Halina Kovel
(Sr Revenue Accountant at Yelp)
Interesting course - gives a detailed and easy to follow overview of an Internal Audit function.
Anonymous
(Assoc. Finance Mgr.)
Good refresher of IA concepts and helps understanding of what to expect when engaged in an Audit
Anonymous
(Payroll Supervisor)
Great Class - but the Keys to managing an effective internal audit function video link is broken
Branden Mitchell
(Risk Advisory Sr. Associate at RSM)
Great course! Great touch up on the role of IA. Learned a lot and would take this course again.
Dianne Gan
(Financial Controls & Compliance .. at Smith & Nephew)
This course is very comprehensive and the real-life examples shared by Lynn are very helpful.
Anonymous
(VP of Payoll)
Great course. Great content. Great trainer. I liked how in depth this subject went. Great job!
Julia Kramer
(Financial Behavior and Leadership Consul.. at Signature Financial Planning)
I found this course very informative and a good reminder of how important internal audit is
Anonymous
(Head of Internal Audit)
Important topic for establishing a strong and effective internal audit function. Recommend.
Doug Henderson
(Sr Cost Analyst at Prairie State Generating Company)
I would have liked to have heard more examples from Mrs. Foundation's extensive experience.
Anonymous
()
Valuable and practical insights into key considerations for every internal audit function.
Anonymous
(Functional Analyst)
Very good comprehensive course for Internal Auditor Leadership. Good documentation also.
Jana Connoway
(Senior Internal Auditor at HealthShare Ltd)
This course helped me to understand the process around setting up an internal audit dept
David Favret
(Director of Business Development at Deltha Corporation)
Helpful information on the evolving challenges IA faces in today's business environment.
Anonymous
()
Course was great and detailed and outlined the key responsibilities of the IA function.
Anonymous
(Assurance Specialist)
Well paced course. Very informative. I recommend this course as it's a good refresher.
Sophia Kasozi
(- at City of Edmonton)
Excellent, excellent refresher for Internal Audit Management and its oversight role.
Doug Harrison
(Manager at RSM)
Good course, very informative and at a high enough level to to get the big picture.
ALI KHAN
( at WELLS FARGO)
Great course for IA personnel to learn about the big picture on what IA's role is.
Anonymous
(Consultant)
Strong course, this was helpful with issue identification! Great for CPE credit.
Anonymous
(Risk Manager)
Included much relevant material for building a strong Internal Audit function.
Youlanda Williams
(Program Analyst at VA - U.S. Department of Veterans Affairs)
Excellent course with very useful information to have a successful IA program!
Anonymous
(Internal Audit)
This is a great overview of the internal auditor role within an organization.
Kirit Kapadia
( at Kirit KapadiaCPA)
Very detailed internal audit role guidance and actions taken by all parties.
Anonymous
()
Instructor provides helpful resources and interesting scenarios to consider.
Anonymous
()
great detail on what is involved in internal audit and how to be successful
Anonymous
(Lead Internal Auditor)
Very helpful overview of the IA function - especially as a new IA manager.
Anonymous
()
I thought the class was very informative. I learned a lot from the class.
Anonymous
()
A very informative and relevant course with a wonderful exam at the end.
Anonymous
(Sr. Director)
Great information and learning; also sparks conversation within own teams
Anonymous
(Payroll Manager)
Much needed insight on the internal audit function and responsibilities.
Anonymous
()
Great course and definitely recommend. I was able to pass on my 1st try
Anonymous
(Director, Internal Audit)
Good refresher training on important aspects for stronger IA function
Muhammad Baig
(Managing Director at N/A)
Good coverage of all essential topics in an easy-to-understand manner.
Iris Gem Napoles
( at Nestle Philippines Inc.)
Great material, appropriate for beginners and good refresher course.
Sandra Casiraghi
(Accounting Manager at Christus Health)
good info but slides were sloppy, revisit some of the abbreviations
Niketa Patel
(Oracle Financials Analyst at N/A)
Very informative and good class! Easy to grasp and learn concepts!
Jan Laudenbach
View Instructor Profile
Great transfer of knowledge but sometimes a little bit too long...
Anonymous
()
Overall a very good course that I learned a lot from. Thank you.
Anonymous
(finance director)
good to have all the information in one place; well organized
Gabriela Souza Lutfi
(Supervisor Auditoria Interna at Embraer)
Good level of detail, interesting examples, very informative
Darin Woehl
(Program Analyst at VA - U.S. Department of Veterans Affairs)
Great video presentation! Will recommend to my coworkers.
Anonymous
(IT Advisory Snr. Associate)
A highly detailed course! I learnt a lot of new things here
Gaby Carrier
( at N/A)
This class was a great recap of the overall IA practice.
Anonymous
()
comprehensive course, well structured and well presented.
Anonymous
(Sr. Program Manager)
Training provided great information and is comprehensive.
Anonymous
()
Very good and comprehensive; good examples were provided.
Luis Garcia
(Auditor at VA - U.S. Department of Veterans Affairs)
I thought it provided a thorough understanding of the IA
RICARDO CAMPOLINA DE TOLEDO
( at WPP)
Good content, objective, provides relevant information.
Anonymous
(Payroll Specialist)
Could review the 1st 2 videos. They were not available.
Anonymous
()
well presented. i really learned a lot from this course.
Andy Williams
(CFO at Foursight Capital)
Course was long, much of the information was intuitive.
Anonymous
(Chair)
Comprehensive course with a great deal of information.
Elizabeth Fazio
( at Floor & Decor)
Interesting topic and gave interesting best practices.
Anonymous
()
Excellent material. I would recommend this course.
Charles Elwis
(Insurance Broker at Health Guys)
Good overall review.
Han Lee
(Staff at Not Provided)
Great material
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
.
Course Questions and Answers1 Question
Lynn FountainCPA, CGMA, CRMA, MBA, Consultant, Author, Trainer
About Illumeo
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Contact Us
- Email: info@illumeo.com
- Phone: 408-400-3993
- Adress: 1608 W Campbell
- Av #221, Campbell, CA 95008
© 2024 Illumeo, Inc.
hello, i was not able to download supporting materials zip file, is there a way to email me the materials to my email? thanks, alex alexander [dot] navarro
va [dot] gov