Certificate in Internal Audit

Enroll in the Certificate in Internal Audit and take your Risk Management Career to the next level!

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Course Description

Globally, the importance of internal auditors is increasing because of their greater scope of work. They are trusted advisors of management over the organization’s operations and act as a second hand in helping the organization achieve its objectives. Because of their critical role, more organizations are exploring the internal audit process. This certificate program can help you since it covers how an organization’s internal audit process should be done.

If you are new to internal auditing and looking for a solid foundation as you enter the profession, this program is the perfect first step for you to become proficient in your new role. Think of it as your roadmap to understanding the fundamental concepts and knowledge you need to succeed in the world of internal audit.

During this certificate program, you will learn about the professional standards, frameworks, and competencies you need to become competent in the profession, as well as the various career paths available to you as an internal auditor.

The six modules of this course cover internal audit fundamentals, its functions, risk identification, and evaluation. It also includes creating an audit plan and audit process.


What You Will Get From This Course

In-demand Skills

Gain the relevant knowledge to ensure that you are supporting your firm and progressing your career.

Career Credential

Get a certificate from the FCA Financial Crime Academy.


Study on-demand and at your own time and pace, regardless of where you are in the world with this flexible online course.

Global Community

Get access to our exclusive LinkedIn group with 1,500+ like-minded professionals and experts.

Course Material

Download supplementary course material such as the comprehensive course study guide.

Quiz Questions

Test your knowledge with multiple-choice questions and determine which skills you have mastered!

Course Overview

Learning Objectives

  • Understand money laundering and terrorist financing
  • Explain how money laundering and terrorist financing work in practice
  • Comprehend money laundering and terrorist financing examples
  • Understand Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF)
  • Identify key AML/CTF compliance concepts in practice
  • Learn about the risk-based approach (RBA), policies/procedures, suspicious activity reports (RBA), etc.
  • Understand customer due diligence (CDD) and know your customer (KYC)
  • Identify different levels of risk and customer due diligence

Target Audience

  • Professionals wanting to acquire and demonstrate specialized knowledge in AML and Compliance
  • Professionals wanting to increase their value through a better understanding of AML and Compliance
  • Professionals wanting to build a comprehensive AML and Compliance knowledge
  • Career starters and students wanting to get an edge in AML and Compliance


For participating in this Certificate Program, you will need an electronic device with online video-viewing capabilities (e.g., smartphone, tablet, laptop, desktop computer, etc.). You will need no previous knowledge in compliance or anti-financial crime, although this is helpful. A background in business, legal, or finance might also be beneficial but is not required.

Learning Method

This Certification Program is presented entirely online. Modules can be completed in your own time and at your own pace. This interactive, supportive teaching model is designed for busy professionals and results in unprecedented certification rates for Certification Programs.

Course Curriculum

Introduction to the Program

  • Introduction to the Program

Module 1: Internal Audit Fundamentals

  • Introduction to This Module
  • What is Internal Audit?
  • History of Internal Audit
  • Overview of International Standards for Internal Audit
  • Internal Audit Versus External Audit
  • Typical Functions of Internal Audit
  • Types of Internal Audit
  • Module Summary
  • Multiple Choice Quiz

Module 2: The Internal Audit Function

  • Introduction to This Module
  • What is the Internal Audit Function?
  • Internal Audit Objectives
  • Internal Audit Governance
  • Role and Responsibility of the Internal Audit Function (Strategic Level)
  • Role and Responsibility of the Internal Audit Function (Operational Level)
  • Module Summary
  • Multiple Choice Quiz

Module 3: Internal Audit Risk Identification and Evaluation

  • Introduction to This Module
  • Obtain Understanding of the Business
  • Preparation of the Audit Universe
  • What is Risk? What are Inherent Risk and Residual Risk?
  • Risk Rating Methodology: Probability and Impact Assessment
  • Risk Control Matrix: From the Inherent to the Residual Risk
  • Module Summary
  • Multiple Choice Quiz

Module 4: Creating the Audit Plan

  • Introduction to This Module
  • What is an Audit Plan?
  • Types of Planning
  • How to Create an Audit Plan
  • Audit Plan Approval and Audit Plan Changes
  • Module Summary
  • Multiple Choice Quiz

Module 5: Executing the Audit Process

  • Introduction to This Module
  • Process Walkthroughs
  • Testing of Controls
  • Identification of Findings
  • Reporting, Recommendations, and Findings
  • Module Summary
  • Multiple Choice Quiz

Module 6: Tracking of Findings and Ongoing Reporting

  • Introduction to This Module
  • Audit Report Contents
  • Protocol for Remediation
  • Follow-Up by the Internal Audit
  • Closing a Finding
  • Module Summary
  • Multiple Choice Quiz

Final Assessment

  • Final Assessment

Completing the Program

  • Completing the Program

Certification Track

Complete all courses of the certification track to become a Certified Audit and Investigations Professional (CAIP).

Fca027 Certificate In Digital Forensics And Ediscovery
Fca010 Certificate In Fraud Risk Management
Certificate In Fraud Detection And Investigation Foundations
Fca009 Certificate In Internal Investigations
Fca014 Certificate In Forensic Accounting
Fca004 Certificate In Internal Audit

Ready? Get unlimited access to all courses and webinars by joining our membership today!

Frequently Asked Questions

What are the requirements to take the courses?

All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, a smartphone or table, and a stable internet connection.

Can I download course files and resources for the course?

Absolutely! All the files (including study guide, audiobook, course slides, etc.) in a course are available for download. Just look for a module that shows the files within a course.

How long do I have to complete the courses?

You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines.

Are there any additional fees or costs?

None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification.

What currency are your courses priced in?

All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.

How do I earn my certificates?

Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 60% passing grade.

How are the exams conducted?

Students are required to complete an online assessment (mostly multiple choice questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 60% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need.

Can I email the instructor if I have questions?

While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries.

Will these courses help me advance my career?

Based on hundreds of reviews from thousands of students we know how the Financial Crime Academy’s courses have helped so many people advance their anti-financial crime, compliance, and risk management careers. Our courses are designed to teach in-demand skills and relevant background knowledge of subject matter expertise needed in practice.

More Questions?

Email us and we'll be happy to answer any of your questions.

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