
Audit & Internal Controls Course
Master the full audit lifecycle — from risk assessment and control testing to reporting and continuous monitoring. This course equips internal audit professionals with the frameworks, tools, and techniques needed to deliver credible, high-impact audit work. Whether you are building foundational knowledge or advancing toward a leadership role, this is the most complete audit and internal controls programme available.
What you will learn:
You will learn how to build risk-based audit plans, evaluate internal controls using the COSO framework, and execute structured fieldwork that produces defensible conclusions. The course covers audit evidence standards, sampling methods, workpaper documentation, and fraud detection procedures. You will also develop skills in writing formal audit reports, presenting findings to executives and audit committees, and tracking recommendations through to closure. Advanced topics include IT audit, data analytics, regulatory compliance auditing, and continuous monitoring programme design. By the end, you will have the technical depth and strategic perspective to lead audit engagements and position the audit function as a trusted organisational partner.
How you study in practice Audit & Internal Controls Course
How you practise Audit & Internal Controls Course
For companies looking to train their teams
With Dedika for businesses, the course includes exercises and examples tailored to your company and its specific needs.
Course content
8 Chapters • 40 LessonsDuration between 4 and 360 hours (you decide)
Chapter 1HideHide detailsSee detailsFoundations of Audit and Controls
Foundations of Audit and Controls
Lesson 1 • Core Internal Control Concepts
Introduces control objectives, categories, and the relationship between risk and control. Provides the conceptual lens used throughout the course.
Lesson 2 • Purpose and Scope of Auditing
Defines auditing, its objectives, and its role in organisational governance. Establishes why audits exist and how they create accountability.
Lesson 3 • Governance, Risk, and Compliance Overview
Maps the GRC ecosystem and shows how audit fits within it. You connect audit activity to broader organisational risk management.
Lesson 4 • Professional Standards and Ethics
Covers globally recognised auditing standards and the ethical principles auditors must uphold. Grounds all subsequent practice in professional conduct.
Lesson 5 • Internal vs. External Audit Roles
Distinguishes internal audit functions from external audit mandates. Clarifies reporting lines, independence requirements, and complementary roles.
Chapter 2HideHide detailsSee detailsRisk Assessment and Audit Planning
Risk Assessment and Audit Planning
Lesson 1 • Risk Assessment Methodologies
Applies qualitative and quantitative techniques to evaluate risk likelihood and impact. Builds the analytical foundation for prioritising audit areas.
Lesson 2 • Engagement-Level Planning
Focuses on scoping individual audits, setting objectives, and defining success criteria. Prepares you for fieldwork execution.
Lesson 3 • Understanding Organisational Risk
Examines inherent, residual, and control risk across business processes. Connects risk identification to audit scope decisions.
Lesson 4 • Developing the Audit Universe
Constructs a comprehensive inventory of auditable entities and processes. Demonstrates how the universe drives annual audit scheduling.
Lesson 5 • Building the Annual Audit Plan
Translates risk assessments into a prioritised, resource-aligned audit schedule. Covers stakeholder approval and plan communication.
Chapter 3HideHide detailsSee detailsInternal Control Frameworks
Internal Control Frameworks
Lesson 1 • IT Control Frameworks
Introduces frameworks governing information technology controls and governance. Bridges general IT controls to financial and operational audit work.
Lesson 2 • COSO Integrated Framework
Examines the five components and seventeen principles of the COSO model. You apply each component to real business scenarios.
Lesson 3 • Control Design vs. Operating Effectiveness
Distinguishes between a well-designed control and one that operates effectively. Teaches you to test both dimensions during fieldwork.
Lesson 4 • COSO Enterprise Risk Management
Extends COSO to enterprise-wide risk management strategy and performance. Connects ERM concepts to audit planning and control evaluation.
Lesson 5 • Selecting and Applying Frameworks
Guides selection of the appropriate framework based on audit context and objectives. Reinforces practical application across diverse organisational settings.
Chapter 4HideHide detailsSee detailsAudit Evidence and Documentation
Audit Evidence and Documentation
Lesson 1 • Sampling Methods in Auditing
Applies statistical and non-statistical sampling to control testing and substantive procedures. Teaches sample size determination and result projection.
Lesson 2 • Types and Quality of Audit Evidence
Classifies evidence by type, source, and reliability. Establishes criteria for sufficiency and appropriateness used throughout fieldwork.
Lesson 3 • Workpaper Retention and Security
Addresses retention schedules, access controls, and confidentiality of audit files. Prepares you to manage records in compliance with professional standards.
Lesson 4 • Evidence-Gathering Techniques
Covers interviews, observation, inspection, and recalculation as primary fieldwork methods. Connects each technique to specific control testing scenarios.
Lesson 5 • Workpaper Standards and Structure
Defines workpaper purpose, required elements, and quality standards. Ensures documentation supports conclusions and withstands supervisory review.
Chapter 5HideHide detailsSee detailsControl Testing and Fieldwork Execution
Control Testing and Fieldwork Execution
Lesson 1 • Identifying and Evaluating Exceptions
Establishes criteria for recognising control failures and evaluating their significance. Guides you from exception identification to root cause analysis.
Lesson 2 • Substantive Testing Procedures
Applies analytical procedures and detailed tests to verify account balances and transactions. Distinguishes substantive from control testing purposes.
Lesson 3 • Fraud Indicators During Fieldwork
Identifies red flags and anomalies that suggest fraudulent activity within tested areas. Connects fraud awareness to escalation protocols.
Lesson 4 • Concluding Fieldwork and Wrap-Up
Covers procedures for closing fieldwork, summarising findings, and preparing for reporting. Ensures completeness before the audit moves to reporting phase.
Lesson 5 • Designing Control Tests
Translates control objectives into specific test procedures. Covers test of design and test of operating effectiveness for key controls.
Chapter 6HideHide detailsSee detailsAudit Reporting and Communication
Audit Reporting and Communication
Lesson 1 • Presenting Results to Stakeholders
Prepares you to deliver findings verbally to management and audit committees. Covers meeting facilitation, objection handling, and consensus building.
Lesson 2 • Rating and Prioritising Findings
Applies risk-based rating scales to classify finding severity. Helps you communicate urgency and guide management prioritisation.
Lesson 3 • Anatomy of an Audit Report
Breaks down the standard components of a formal audit report. Establishes structure and tone expectations for all subsequent report writing.
Lesson 4 • Writing Effective Audit Findings
Applies the condition-criteria-cause-effect model to draft precise findings. Teaches you to write findings that are factual, concise, and persuasive.
Lesson 5 • Report Distribution and Follow-Up
Manages final report issuance, distribution protocols, and tracking of management actions. Closes the audit cycle with accountability mechanisms.
Chapter 7HideHide detailsSee detailsMonitoring, Follow-Up, and Continuous Auditing
Monitoring, Follow-Up, and Continuous Auditing
Lesson 1 • Management's Monitoring Responsibilities
Defines management's role in ongoing and periodic monitoring of internal controls. Distinguishes management monitoring from internal audit oversight.
Lesson 2 • Measuring Audit Function Effectiveness
Applies key performance indicators to evaluate the internal audit function's impact. Connects metrics to quality assurance and improvement programmes.
Lesson 3 • Continuous Auditing Concepts
Introduces automated, real-time audit monitoring as a complement to periodic engagements. Explains the technology and process requirements for implementation.
Lesson 4 • Designing Continuous Control Monitors
Guides you through building automated control tests that run on a recurring basis. Covers alert design, threshold setting, and exception workflows.
Lesson 5 • Tracking Audit Recommendations
Builds a systematic process for tracking open audit findings through to closure. Covers escalation when management actions are overdue or inadequate.
Chapter 8HideHide detailsSee detailsAdvanced Topics in Audit Strategy
Advanced Topics in Audit Strategy
Lesson 1 • Positioning Audit as a Strategic Partner
Elevates audit's role from compliance checker to trusted adviser within the organisation. Covers relationship management with senior leadership and the board.
Lesson 2 • Auditing Emerging Risk Areas
Applies audit methodology to cybersecurity, third-party risk, and ESG-related controls. Prepares you to address risks that traditional frameworks may underserve.
Lesson 3 • Agile and Iterative Audit Approaches
Adapts agile project management principles to audit engagements for faster delivery. Contrasts agile methods with traditional waterfall audit approaches.
Lesson 4 • Building and Leading the Audit Team
Addresses talent acquisition, competency development, and team performance management. Equips future audit leaders to build high-performing audit functions.
Lesson 5 • Audit Quality Assurance and Improvement
Implements internal and external quality assurance programmes for the audit function. Drives continuous improvement through structured review and benchmarking.
Your valid completion certificate
This course is for you:
Staff accountant: ready to expand beyond financial reporting into audit and controls.
Compliance analyst: seeking a structured methodology to formalise existing risk review work.
Operations manager: wanting to understand how auditors evaluate the processes they oversee.
Finance professional: aiming to transition into an internal audit or advisory role.
Recent business graduate: building audit credentials before entering the job market.
Risk management associate: looking to deepen control evaluation skills across business functions.
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