Internal and external audit: Oversight for audit committees

Overseeing the audit function, both internal and external, is a key responsibility for audit committees. Audit committee members must be able to confirm that auditing responsibilities are being carried out correctly.

In this course, you will learn how to confidently oversee the work of internal and external auditors. For internal audit, that will cover learning about the functions of an internal auditor, their role, and the nature of their relationship with the audit committee. For the external audit, that includes managing the appointment and compensation of an auditor, what critical items you need to know when overseeing the external audit process, as well as learning about the audit committee’s role in the resolution of any key audit matters.

Note: This course is part of the Audit Committee Certificate. It can be taken independently or as a part of the full program. Course content is now available!

• fundamentals of the internal audit function
• how to establish and maintain the internal audit process
• fundamentals of the external audit process and the role of audit committee
• considerations when appointing an external auditor
• how to evaluate the work of external auditors and maintain relationships

• CPAs who are part of or looking to serve with an audit committee
• chief executive officers
• legal advisors
• risk officers
• audit firm partners
• other professionals who work closely with audit committees