Microcredentials

Microcredentials are defined as the “industry-recognised demonstration of a skill or a competency”.

Microcredentials are one of the fastest-growing industry-recognised certificates. They are tailored short courses, industry-recognised, assessments-driven, and readily accessible to learners.

The National Microcredentials Framework defines a microcredential as “a certification of assessed learning or competency, with a minimum volume of learning of one hour and less than an AQF award qualification, that is additional, alternate, complementary to or a component part of an AQF award qualification.”

IIA-Australia provides microcredentials to demonstrate specific knowledge or skill set recognised by the industry. As an Internal Auditor, earning a microcredential is the best way to showcase your earned knowledge to your professional network.

 
 
 
PATHWAYS:

We currently are offering microcredentials for two online training courses:

  • Fundamentals of Internal Auditing
  • Report Writing for Internal Auditors

There are two pathways available for each of the microcredential mentioned above.

LEARNING-BASED PATHWAY:

When you enrol in any of the two online training courses, you will be provided with an opportunity to take the assessment to lead into microcredential. Upon successful completion of the assessment task(s) and being deemed competent, you will earn the “Statement of Attainment, Digital Badge” for the training course.

ASSESSMENT-BASED PATHWAY:

If you have completed the courses earlier and hold the online course completion certificate from IIA-Australia, you can enrol in the assessment for microcredential. Upon successful completion of the assessment task(s) and being deemed competent, you will earn the “Statement of Attainment, Badge” for the microcredential.

Contact us at [email protected] to enrol on the assessment if you have completed the training course in the past.

A cost of $150 is applicable for the assessment.

The Fundamentals of Internal Auditing is offered as a facilitator-led training course.

  • To know more about the course and register for the self-paced course, click here.
THIS TRAINING COURSE CONSISTS OF:
  • 21-25-hour facilitator-led online course.
  • Assessment tasks (optional).
LEARNING OUTCOMES:
  • Perform the work of internal auditing, enabling you to carry out your assignment on the value-added audit engagement
  • Engage in a risk-based audit approach – planning, process documentation, testing, analysis, and reporting
  • Understand internal auditing today
  • Become familiar with the scope and application of the International Professional Practices Framework
  • Learn the concepts and terms that are central to internal auditing
  • View your own organisation from an internal auditing perspective
  • Communicate and “sell” internal auditing results
KEY CONTENT POINTS:
  • Understanding internal auditing as a discipline
  • The types of internal audit
  • The International Professional Practices Framework (IPPF)
  • The audit process – step by step
  • Understanding risk-based auditing
  • Understanding and auditing internal controls
  • Audit planning, analytical review, observation
  • Interview skills and managing client relationships
  • Process documentation
  • The audit program, conducting fieldwork
  • Writing an audit report
  • The exit interview, putting it all together
ASSESSMENT:

The training course consists of 10 modules and all the assessments leading up to the microcredential are optional when you are enroled in the training course.

There are three microcredentials on offer for the Fundamentals of Internal Auditing Training course as explained in the image below. You can choose to do any microcredential(s) as part of the assessment. The learner can choose to do the assessments during or immediately after the completion of the course.

After the completion of all three microcredentials, they will be entitled to a full “Fundamentals of Internal Auditing” Digital Badge and a Statement of Attainment on the training course.

  • There is no prerequisite or entry requirement. The learner shall need basic Microsoft Word skills to complete the assessment report.
  • The method of assessment requires the learner to complete a Quiz, Reflection Task and Written Assignment for each microcredential.
  • The estimated number of hours spent on completing the assessment tasks is between 2 and 3 hours for each microcredential.
  • The learner must submit their completed assessment tasks within 4 weeks of attending the self-paced training session to continue with the learning-based assessment pathway to microcreedential.. The learner may request and negotiate an extension of time for up to one week.
  • There are no formal credits/RPL provided for this microcredential.
  • The microcredential may be suitable for anyone working in the “Internal Auditing” industry. Upon successful completion and being deemed competent, you will earn the “Statement of Attainment”, and “Digital Badge” for the assessed microcredential(s).

The Report Writing training course is offered as a self-paced and online training course.

  • To register for the self-paced course, click here.
THIS TRAINING COURSE CONSISTS OF:
  • 6-hour training session
  • Assessment tasks (optional).
LEARNING OUTCOMES:
  • Gain an understanding of why and how writing is a distinct process 
  • Develop skills in the four stages of the writing process – analysis, organisation, writing and revision as they apply to report writing for internal audit 
  • Analyse the uses and readers of the audit report and other types of engagement reports 
  • Organise the information in the audit report and other reporting documents 
  • Write reports that are accurate, objective, clear, concise, constructive, complete, and timely 
  • Develop a Plan of Action for future learning 
KEY CONTENT POINTS:
  • Objectives, readers and structure 
  • Making observations 
  • Developing a paragraph 
  • Getting the right tone 
  • Being clear and concise 
  • Readability 
ASSESSMENT:

Assessment is optional. The method of assessment requires the learner to complete the following practical assessment activity:

  • There is no prerequisite or entry requirement. The learner shall need basic Microsoft Word skills to complete the assessment report.
  • The assessment task is to analyse the content of the provided report and rewrite it to align with the standard structure of observations.
  • The estimated number of hours spent on completing the assessment task is between 2 and 3 hours.
  • The learner must submit their completed assessment tasks within 3 weeks after attending the 6-hour training session to continue with the learning-based assessment pathway to microcreedential. The learner may request and negotiate an extension of time for up to one week.
  • There are no formal credits/RPL provided for this microcredential.
  • The microcredential may be suitable for anyone working in the “Internal Auditing” industry. Upon successful completion and being deemed competent, you will earn the “Statement of Attainment”, and “Digital Badge” for the Report Writing microcredential.
 

Have any questions?

We are here to assist you with your training questions, or to discuss in-house training opportunities in your organisation.

T: +61 2 9267 9155 Toll Free: 1800 236 366