ACCT304

Recognize and discuss the role internal auditors play in industry, government, and private organizations and how they fit into the governance process within these organizations.

Use research strategies to find internal audit standards, guidelines, and emerging issues and the relationship to relevant laws and regulations.

Evaluate processes within organizations that are prone to control issues and identify the implications for resource allocation.

Identify the roles and responsibilities within an organization with respect to internal controls.

Describe how technology fits into the control environment.

Describe fraud risks and identify related controls.

Demonstrate the internal audit process and how the assurance engagement is conducted.