Test –Taking Techniques leading to possible higher scores on the exam are discussed and demonstrated

Part I – The Internal Audit Activity´s Role in Governance, Risk, and Control (topics discussed in class include):

Code of Ethics

The Professional Standards for the Practice of Internal Auditing (revised and effective January 2002)

Audit Process

Internal Controls, COSO Focused

Risk Assessment

Governance

Part II – Conducting the Internal Audit Engagement (topics discussed in class include):

Fraud

Standards of Audit Evidence

Evaluating Audit Evidence

Data Gathering Techniques used in collecting audit evidence

Auditing Goals & Objectives

Audit Reporting

Sampling

Listening Skills

Interviewing Techniques

Working Papers Techniques/Standards

Communication Skills – written & oral

Information Technology

"Analytics"

Part III – Business Analysis and Information Technology (topics discussed and tested in class include):

Business Processes/Techniques

Financial Accounting

Finance

Managerial/Cost Accounting

Information Technology – terminology, controls, testing, systems development, security, segregation of duties, data communications, networks, contingency planning, disaster recovery, documentation, functional groups, hardware, software, databases, etc.

Part IV – Business Management Skills (topics discussed and tested in class include):

Strategic Management

Global Business Environments

Organizational Behavior

Management Skills

Negotiating