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Governing the Internal Audit Standards in Line with GIAS - Part 1 1.5 Credits

Dec 06, 2024, 09:00 AM ET

Governing the Internal Audit Standards in Line with GIAS - Part 1 1.5 Credits

  • Rating

    4.5
  • Published on

    October, 2024
  • Subject Area

    Auditing

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Dec 06, 2024, 09:00 AM ET

Learning Objective

  • Evaluate Domain III – Governing the IA Function.
  • Implement Principle 6: Authorized by the Board, covering key standards.
  • Examine Principle 7: Positioned Independently for audit effectiveness.
  • Assess Board and Senior Management support for internal audit.
  • Analyze organizational independence and CAE qualifications under Standard 7.

Course Overview

Internal audit governance—sounds dry, right? But with new standards coming into play, it’s about to get a lot more interesting. For the first time, the Board’s responsibilities in internal audit are being spelled out loud and clear. Welcome to part one of a three-part series where we dive headfirst into Domain III of these shiny new guidelines. You’ll discover how the Board not only signs off on the internal audit function but also keeps an eagle eye on its independence and performance—oh, and don’t forget about the chief audit executive (CAE). It’s a lot to cover, but that’s what we’re here for.

This course is all about action. Understanding the standards is great, but how do you actually do it? What if your organization can’t meet the Domain III requirements? As a CAE or internal auditor, how do you handle pushback from the higher-ups? We’ll break it down together, offering some nifty strategies to stay compliant, even when your company’s tricky.

Key Topics Covered:

  • Domain III IA Governance
  • Board-Authorized IA Mandate
  • Crafting an IA Charter
  • Organizational Independence Standards
  • CAE Qualifications and Support

So, come along for the ride as we untangle the key parts of Domain III. We’ll arm you with the know-how to nail down board authorization, maintain your independence, and rally support from senior management—without losing your cool.

On Demand Credits for All Qualifications

Nano Credits for All Qualifications

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Auditing for CPA in Canada 1.5 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1.5 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1.5 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1.5 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1.5 CPD Eligible
Chartered Accountant - ICAEW 1.5 CPD Eligible
Auditing for Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1.5 CPE Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible
Internal Audit function for Certification in Risk Management Assurance (CRMA) 1.5 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1.5 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1.5 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1.5 CPD Eligible
Chartered Accountants - Scotland 1.5 CPD Eligible
CPA - Ireland 1.5 CPD Eligible
Chartered Accountants - Ireland (CAI) 1.5 CPD Eligible
License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Auditing for CPA in Canada 1.5 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1.5 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1.5 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1.5 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1.5 CPD Eligible
Chartered Accountant - ICAEW 1.5 CPD Eligible
Auditing for Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1.5 CPE Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible
Internal Audit function for Certification in Risk Management Assurance (CRMA) 1.5 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1.5 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1.5 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1.5 CPD Eligible
Chartered Accountants - Scotland 1.5 CPD Eligible
CPA - Ireland 1.5 CPD Eligible
Chartered Accountants - Ireland (CAI) 1.5 CPD Eligible
License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Auditing for CPA in Canada 1.5 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1.5 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1.5 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1.5 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Association of Chartered Certified Accountants (ACCA) 1.5 CPD Eligible
Chartered Accountant - ICAEW 1.5 CPD Eligible
Auditing for Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1.5 CPE Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible
Internal Audit function for Certification in Risk Management Assurance (CRMA) 1.5 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1.5 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1.5 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1.5 CPD Eligible
Chartered Accountants - Scotland 1.5 CPD Eligible
CPA - Ireland 1.5 CPD Eligible
Chartered Accountants - Ireland (CAI) 1.5 CPD Eligible
License details Credits Status
Auditing for Certified Public Accountants (CPA-US) 1.5 CPE Approved
Auditing for CPA in Canada 1.5 CPD Eligible
Internal Auditing for Certified Internal Auditors (CIA) 1.5 CPE Eligible
Auditing for Certified Management Accountants (CMA) 1.5 CPE Eligible
Auditing for Delaware Licensed Public Accountant (DE-LPA) 1.5 CPE Eligible
Auditing for Certified Government Financial Manager (CGFM) 1.5 CPE Eligible
Auditing for Internal Audit Practitioner (IAP) 1.5 CPE Eligible
Accounting & Auditing for Association of Chartered Certified Accountants (ACCA) 1.5 CPD Eligible
Chartered Accountant - ICAEW 1.5 CPD Eligible
Auditing for Certified Fraud Examiner (CFE) 1.5 CPE Eligible
Auditing for Certified Internal Controls Auditor (CICA) 1.5 CPE Eligible
Auditing for Qualification in Internal Audit Leadership (QIAL) 1.5 CPE Eligible
Internal Audit function for Certification in Risk Management Assurance (CRMA) 1.5 CPE Eligible
Auditing for Iowa Licensed Public Accountant (IA-LPA) 1.5 CPE Eligible
Auditing for Maine Licensed Public Accountant (ME-LPA) 1.5 CPE Eligible
Auditing for Certified Controls Specialist (CCS) 1.5 CPE Eligible
Auditing for Certified Government Auditing Professional (CGAP) 1.5 CPE Eligible
Auditing for Certified Financial Forensics (CFF) 1.5 CPD Eligible
Chartered Accountants - Scotland 1.5 CPD Eligible
CPA - Ireland 1.5 CPD Eligible
Chartered Accountants - Ireland (CAI) 1.5 CPD Eligible

Additional Information

Credits

1.5

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

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About Instructor

Advance Your Career with Lynn Fountain's CE/CPE/CPD Webinars
Lynn Fountain , CRMA

Owner, Lynn Fountain Consulting and Training

  • 4.5
  • rating
  • rating
  • rating
  • rating
  • rating

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.  

  • Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations”.
  • Leading the Internal Audit Function
  • Ethics and the Internal Auditor’s Dilemma

Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials. 


On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course 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.

How are credits reported to governing bodies?

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.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

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.

What are the requirements to maintain compliance with live webinar courses?

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.

How can I access my webinar completion certificates?

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.

How are credits reported to governing bodies?

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.

Reviews and Ratings

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Niels Holger Wildhagen
Niels Holger Wildhagen, CIA
5

Very effective presentation to immerse in the Standards - here Domian III Principle 6.

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