Contemporary Topics in Internal Auditing

This course provides an introduction to internal auditing. The course first looks at management's perspective of business measurement systems and risk assessment. The role of internal control and internal auditing are covered frommanagement's viewpoint. There is also coverage of the special concerns about compliance with laws and regulations of a publicly held company. After reviewing management's perspective, the course switches to an explanation of the role of internal auditing and internal control at the detailed level of the internal auditor. Internal auditing techniques and reporting are covered in some depth. In the coverage of these subjects, financial, compliance, and operational auditing methods, approaches, and reporting are considered.