OUR ACADEMIC DEPARTEMENTS |
Lesson details
INTERNAL AUDIT | |||
2018-2019 | EnIESEG School of Management
(
IÉSEG
)
| ||
Class code : | 1819-IÉSEG-M1S1-ACC-MA-EI63UE | ACCOUNTING / AUDIT / CONTROL |
Level | Year | Period | Language of instruction |
---|---|---|---|
Master | 1 | S1 | EnEnglish |
Academic responsibility | E.HARARI |
---|---|
Lecturer(s) | ELIE HARARI |
- This class exists in these courses :
- IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS
Prerequisites
The course builds on the concepts and methods covered in a basic financial accounting and auditing courses. Student should be familiar with basic financial statements, the accounting process and the systems of internal/external audits. Students should have general knowledge of risk management, the key business cycles and statistical analysis.
Learning outcomes
At the end of the course the student should be able to :
Understand of the internal control environment, the role of the Internal audit department and of the different stakeholders of the Internal control system.
Plan, perform and report value added results, which fulfil specific management goals and objectives implementing tools and processes of the internal audit methodology.
Develop internal auditing programs, corresponding evaluation criteria and monitor corrective actions by the management.
Able to understand how the risk and controls impact managerial decisions.
Analyze the different questions related to the management of the internal audit function: talent management, conflicts of interest in the audit function, performance management.
Course description
Objectives and definitions of the Internal Control System: Relations with the stakeholders, Roles and responsibilities of the different partners in the Control environment
Managing an Internal Audit department as a Management Service Function: roles and responsibilities, Code of conduct, Business Ethics, Conflicts of Interest and Professional Responsibility, Talent management, performance management
Building an audit plan: Risk mapping and Audit Programs. Market standard Risk and control frameworks (such as COSO, COBIT…)
Key steps and tools in performing an assignment
Internal and External Communication and Reporting in the Audit Cycle
Managing the corrective actions implemented by the management.
Class type
Class structure
Type of course | Numbers of hours | Comments | |
---|---|---|---|
Independent work | |||
Research | 3,00 | ||
E-Learning | 6,00 | ||
Face to face | |||
Tutorials | 6,00 | ||
lecture | 10,00 | ||
Independent study | |||
Estimated personal workload | 9,00 | ||
Total student workload | 34,00 |
Teaching methods
- Case study
- E-learning
- Interactive class
- Presentation
Assessment
Case studies represent the major part of the assessment. Final QCM will assess the understanding of key concepts.
Type of control | Duration | Number | Percentage break-down |
---|---|---|---|
Final Exam | |||
Written exam | 0,50 | 1 | 20,00 |
Oral exam | 1,50 | 1 | 40,00 |
Others | |||
Case study | 2,00 | 4 | 40,00 |
TOTAL | 100,00 |
Recommended reading
- Articles, books, case studies and web sites will be provided to students in advance of the course commencement. -
- Professional association web cites including the American Institute of Certified Public Accountants represent comprehensive documentation regarding standards, trends and hot issues -
* This information is non-binding and can be subject to change