Course aims:

•To acquire fundamental knowledge about the aims and methods in thefield of internal audit and internal control ;
• To know the main principles, procedures, technics, instruments used to perform an internal audit mission and internal control missions ;
• Learning the skills necessary for carrying out an audit trainee in the context of relevant international trade rules

Course Entry Requirements:

None

Course contents:

1. Corporate Governance - Internal audit and internal control 2. The concept of internal control: defining, features of internal control; Models of internal control , internal control implementation 3. The objectives of internal controls and internal control system components . Implementation of internal control . Forms of internal control . Stages of internal control . Specific forms of internal control procedures 4. The internal control report and valorization Internal audit andinternal control – function of themanagement’s entity 5. The internal audit function within the organization - organization , role and objectives 6. The methodology of risk-based internal audit : procedures, techniques , samples and documentation 7. Internal Audit Report , communication, quality insurance, post- audit responsibilities

Teaching methods:

Lecture

Learning outcomes:

• Knowledge and understanding of the fundamental concepts, theories, andmethods in the field and specialityarea; • Use of fundamental knowledge in ordertoexplainand interpret varioustypes of concepts, situations, processes, projects, etc. associatedtothefield;

Learning outcomes verification and assessment criteria:

Written exam – 50%; verification during semester – 50%.

Recommended reading:

information, • www.theiia.org, website, website, 2021, all.
information, • https://na.theiia.org/standards-guidance/mandatory-guidance/Pages/Standards.aspx, website, website, 2021, all.
• David M Griffiths, Risk based internal auditing, http://www.internalaudit.biz, website, website, 2021, all.