Elements of Performance Standards for Internal Auditors 2.5 Credits
Applying the Standards for Internal Auditors - Part 2
Learning mode
In the realm of internal auditing, professionals turn to the Institute of Internal Auditors (IIA) Standards for comprehensive guidance on executing their fiduciary responsibilities effectively.Â
This CPE Auditing Course delves into two crucial elements of the Performance Standards: managing the internal audit function and the nature of work within internal auditing. Managing internal audit extends beyond overseeing specific projects; it involves the entire audit process, ensuring the team possesses relevant knowledge, adequate resources align with the mission, and effective communication is established with management and the board.
Examining the nature of work within internal audit, the IIA Standards outline three critical areas: Controls, Risk Management, and Governance. While the evaluation of controls is widely understood, there's often a challenge in determining the role of internal audit in risk management and governance activities. This course is part two of the series ‘Applying the Standards for Internal Auditors’, it delves deeper into the challenges faced in managing the internal audit activity and properly identifying the internal audit's nature of work.Â
Major Topics covered:
Join this online CPE webinar and gain an understanding of alternatives to promote the value-oriented activities that internal audit can provide to an organization.Â
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Credits
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Pre-requisites
Advance Preparation
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MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
Lynn Fountain has over 39 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.
Ms. Fountain is currently engaged in her own consulting and training practice. She has successfully executed on several consulting assignments spanning areas of accounting, risk, ERM and internal audit. She is a highly sought-after trainer and international speaker and has produced hundreds of courses delivered through seminars, conferences and on-demand training. She is the author of three separate technical books.
Ms.
Fountain obtained her BSBA from Pittsburg State University and her MBA from
Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.

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Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.
To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
PCT
This myCPE training was informative and the instructor was very knowledgeable about the topic. Describing the elements performance standards in this fast-paced environment helped me remember some of the key points to look out for in practice.
RT
Looking forward to the updates to reflect the last IPPF changes. Hope Lynn will be the instructor for at least some of the courses.
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