Internal auditing is a valued occupation within most companies and organizations, and due to its requirements of quality, attention to detail and impartiality, it is of little surprise that there are a large number of governing bodies and training facilities available to maintain the high standards internal auditors have set for themselves.
Training
The Institute of Internal Auditors (IIA) is internationally recognised as the semi-official organization body of the profession. It has released a publication on ‘Standards for the Professional Practice of Internal Auditing’, and also provides several training courses including the IIA Diploma in Internal Audit Practice, the IIA Advanced Diploma in Internal Auditing and Management, the IIA Certificate in Internal Audit and Business Risk, and the IIA Qualification in Computer Auditing.
Training is an important element of any internal auditor’s career. Initially, auditors may start off by studying accounting or business at a community college or university level. There are several universities that offer auditing-specific modules within business degrees. Once qualified there are auditing bodies – such as the IIA – which offer further training.