Crash Course On Internal Audit, Governance & Risk Management

Quick, Clear & Practical Insights into Audit, Governance & Risk for Professionals

What you'll learn

Learn the role of internal audit in improving compliance, control, and efficiency within organizations.

Understand how to identify, assess, and respond to various business risks using basic risk management techniques.

Grasp key corporate governance principles, including board roles, ethics, transparency, and stakeholder responsibilities.

See how audit, risk, and governance work together to support better decisions and strong organizational performance.

Requirements

This crash course is designed to be beginner-friendly and accessible to anyone interested in internal audit, risk management, and governance. You don’t need any prior experience to join—whether you're a student, recent graduate, or a working professional exploring these topics for the first time, this course is a great starting point. While it’s helpful to have a basic understanding of business, accounting, or how organizations function, it’s not mandatory. An analytical mindset and a genuine interest in compliance, control, and governance will certainly enhance your learning experience. As for tools, all you need is a laptop, tablet, or smartphone with a stable internet connection. A pen and notebook or a digital notes app can help you jot down key insights during the sessions. If available, access to Excel or Google Sheets is a bonus, especially for working through risk-related examples and exercises. Above all, the only real requirement is curiosity and the willingness to learn.

Description

Welcome to the Crash Course on Internal Audit, Governance & Risk Management — your quick and practical gateway to mastering three of the most critical pillars in the world of business, finance, and compliance.Whether you're preparing for professional certifications like CMA, CPA, CIA, or simply want to build solid foundational knowledge, this course is designed to give you clarity, confidence, and practical insight in a short span of time.What You’ll Learn:Key principles of Internal Audit: objectives, independence, audit process, and standardsEssentials of Corporate Governance: board structure, ethical responsibility, transparency, and accountabilityFundamentals of Risk Management: risk types, control activities, ERM frameworks, and mitigation strategiesThis course is built for busy professionals and students who want to grasp core concepts without drowning in jargon. Every lesson is concise, clear, and structured to ensure maximum retention and easy application.You’ll benefit from:Real-world examples to connect theory to practiceSimple explanations of complex topicsA fast-paced format that respects your time and learning goalsA strong conceptual base for further professional growth and career advancementNo prior knowledge is required — just curiosity and a desire to upgrade your understanding of how modern organizations manage risk, ensure governance, and maintain effective internal control systems.

Overview

Section 1: FOUNDATIONS OF INTERNAL AUDITING

Lecture 1 APPLICABLE GUIDANCE

Lecture 2 CODES OF ETHICAL CONDUCT FOR PROFESSIONALS

Lecture 3 INTERNAL AUDIT ETHICS – INTRODUCTION AND PRINCIPLES

Lecture 4 INTERNAL AUDIT ETHICS – INTEGRITY

Lecture 5 INTERNAL AUDIT ETHICS – OBJECTIVITY

Lecture 6 INTERNAL AUDIT ETHICS – CONFIDENTIALITY

Lecture 7 INTERNAL AUDIT ETHICS – COMPETENCY

Lecture 8 INTERNAL AUDIT CHARTER

Section 2: INDEPENDENCE, OBJECTIVITY, PROFICIENCY, CARE, AND QUALITY

Lecture 9 INDEPENDENCE OF THE INTERNAL AUDIT ACTIVITY

Lecture 10 OBJECTIVITY OF INTERNAL AUDITORS

Lecture 11 IMPAIRMENT TO INDEPENDENCE AND OBJECTIVITY

Lecture 12 INTERNAL AUDIT RESOURCES

Lecture 13 DUE PROFESSIONAL CARE AND CONTINUING PROFESSIONAL DEVELOPMENT

Lecture 14 QUALITY ASSURANCE AND IMPROVEMENT PROGRAM (QAIP)

Lecture 15 REPORTING ON QUALITY ASSURANCE

Section 3: GOVERNANCE

Lecture 16 GOVERNANCE PRINCIPLES

Lecture 17 ROLES OF INTERNAL AUDITORS IN GOVERNANCE

Section 4: RISK MANAGEMENT

Lecture 18 RISK MANAGEMENT PROCESSES

Lecture 19 COSO FRAMEWORK – ENTERPRISE RISK MANAGEMENT (ERM)

Section 5: CONTROLS: TYPES AND FRAMEWORKS

Lecture 20 TYPES OF CONTROLS: PART 2

Section 6: CONTROLS: APPLICATION

Lecture 21 FLOWCHARTS AND PROCESS MAPPING

This course is ideal for students, recent graduates, entry-level professionals, and anyone looking to build a foundational understanding of internal audit, risk management, and corporate governance. It’s especially valuable for those pursuing or considering certifications like CMA, CPA, or CIA, or working in roles related to finance, compliance, operations, or internal controls. Whether you're from a business, accounting, or non-finance background, this course will help you grasp key concepts in a simplified and practical way. If you're curious about how organizations manage risks, ensure ethical governance, and maintain control systems, this course is designed for you. No prior experience is required—just a willingness to learn and apply new ideas.