This is an advanced internal auditing course. It contains an in-depth coverage of the internal audit process to helps students to build on the theory and techniques introduced in the undergraduate internal auditing course. Topics to be covered in this course are: Institute of Internal Auditor’s (IIA) International Professional Practices Framework (IPPF), other official international pronouncements (COSO, COBIT, Sarbanes - Oxley), and issues relating to internal auditing governance, control, risks, audit evidence, audit sampling and communication of engagement results. Other internal audit issues such as fraud, data analysis and work papers are also covered in this course. Throughout this course, internal auditing case studies are used to reinforce the learning process.

After completing this course, the student will be able to:

1. Recognize and comprehend concepts, fundamental aspects and process of the internal auditing;
2. Demonstrate an understanding of the role of internal auditors in enterprises and articulate the relationship between governance, controls and enterprise risk management and internal auditing activities;
3. Apply internal auditing techniques and skills in identification and evaluation of controls and audit evidence and other internal audit tasks such as sampling, documentation and data analysis;
4. Critically assessing issues surrounding internal auditing services;
5. Identify ethical issues in internal auditing profession;
6. Develop and demonstrate an effective written communication of a scholarly research proposal;
7. Demonstrate improvement in oral communication skills.

Internal auditing theory as contained in official pronouncements (IIASB, COSO, COBIT, Sarbanes - Oxley). Emphasis will be placed on material required for IA practice as it relates to professional ethics, governance, controls, risk management and audit engagement procedures, audit sampling, evidence gathering and auditors' reports.

Internal Auditing: Assurance & Advisory Services. 4^th Edition. 2017.

Sawyer L.B., (2012) Sawyer's Internal Auditing 6^th Edition, The Institute of Internal Auditors Research Foundation.
Selected articles (TBA) at QU blackboard.
Selected cases (TBA) at QU blackboard.