Event details

Fundamentals of Internal Auditing Online - July 2022

Starting your career in internal auditing, or know someone who is?

Join us for the Fundamentals of Internal Auditing Online, the most convenient way to build your understanding of the internal audit process and its key aspects.

Delivered over four weeks and entirely online, you will work through ten interactive modules over a total of 18 - 21 hours with a cohort of fellow participants. The online environment will feature a mix of self-paced learning, interactive chat forums and access to an expert trainer who will guide you through the entire process of performing an effective internal audit.


Using the International Professional Practices Framework (IPPF) and industry-leading white papers you will learn the foundations of effective internal auditing, as well as cover the roles of risks, internal controls, interpersonal and client relationship skills in auditing.


All materials used will be yours to keep for future reference.

Topics covered

  • 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 programs
  • Conducting fieldwork
  • Writing an audit report
  • The exit interviews
  • Putting it all together 

Learning Outcomes

  • Perform the work of internal auditing, enabling you to carry out your assignment on a 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

Presenter:  Michael Parkinson PFIIA CIA CRMA

Michael Parkinson has had a career of over 40 years in Internal Audit, Information Technology and Finance, primarily in the public sector. He has worked for Australian Government, ACT Government, and Northern Territory Government organisations as an employee and a consultant.  

He held 3 Chief Audit Executive roles in Australian Government agencies over a period of 15 years. Over 19 years as a director at a ‘Big 4’ firm, he provided internal audit services to a range of organisations. He is a significant contributor to the theory and practice of Risk Management. In 2001–02 he led a joint IIA–Australia / Standards Australia project to develop a guide on the use of the Risk Management standard in the internal audit process. The resulting document has since been updated to HB 158–2010.


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Download the funds transfer registration form here and email the completed form to training@iia.org.au

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Friday, 1 July 2022 to Sunday, 31 July 2022
Online Self-Paced Learning


Overseas Member
Overseas Non-Member

Duration and CPE
1 Month, 21.00 hours
For more information please contact Kalpana Dhasan
+61 02 9267 9155