Foundations of Internal Auditing - June 2025
The first step towards being a professionally qualified internal auditor
The Foundations of Internal Auditing (FIA) course is designed to be the first step towards being a professionally qualified internal auditor.
What you'll get
- A thorough understanding of the core concepts of internal audit
- Learn from experienced tutors within the virtual classes on key aspects of the syllabus
- You will be awarded the new IACert designation.
Who can do this course?
- Internal auditors with no prior experience or other related professional qualifications
- Internal auditors on secondment, or related professionals seeking to familiarise themselves with the profession
- Members of the Chartered IIA
Foundations of Internal Auditing essentials
· Junior auditor
· Audit technician
· Non-career internal auditors (itinerant or seconded)
To be eligible, you must have:
• A valid government issued ID i.e. valid passport or driving licence.
• Active Chartered IIA membership
The course will cover the core areas which internal auditors should be familiar with including risk management, planning and the audit engagement moving through to communication of findings.
The course content is broken into 5 sections:
SECTION 1: Professional Practice
1.1: The International Professional Practices Framework
1.2: Assurance and advisory services
1.3: Independence and objectivity
1.4: Knowledge and competencies
1.5: Environmental policies
SECTION 2: Nature of work
2.1: Understanding risk
2.2: Internal controls
2.3: Evaluating internal controls
2.4: Fraud risk
SECTION 3: Engagement planning
3.1: Preliminary survey
3.2: Objectives, evaluations criteria and scope
3.3: Checklists and questionnaires
3.4: Detailed risk assessments
3.5: Engagement procedures
SECTION 4: The engagement
4.1: Evidence
4.2 Risks and controls for business processes
4.3: Computerised audit tools and techniques
4.4: Analytical approaches and process mapping
4.5: Sampling and statistical analysis
4.6: Performance measures
SECTION 5: Communication
5.1: Effective communication
5.2: Organisational value
5.3: Communicating with stakeholders
o There are approximately 70 hours of study
o You have two years from the date of registration to complete the Foundations of Internal Auditing exam
• You will receive access to all the materials you need to successfully compete the course.
• The course is delivered as cohorts, with each cohort provides access to a tutor for the period of study.
• You will enroll on an 8-week blended learning course, which will be a mix of 5 tutor delivered classes, supported by self-study, and activities with your fellow students.
• The course is delivered via the Chartered IIA’s virtual learning environment and is fully online
To qualify for the IACert designation you must pass one computer-based, multiple-choice exam:
• 100 multiple-choice questions with 4 options
• Each paper will have questions from each section of the syllabus
• 2 hours
To pass the exam, you need to achieve a score of at least 75% (or 75 of 100 marks).
Your membership and tuition fees are paid online.
Membership fee - £243 (VAT exempt)
Membership application fee - £148 (VAT exempt)
Learning programme, learning materials and exam registration - £1,200 + VAT
Book onto the Foundations of internal auditing learning programme below: