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What is Internal Auditing

It is the job of the professional internal auditor to ensure that a business or organisation has processes and strategies in place to effectively manage areas such as risk, governance and process control. A certified internal auditor will be able to offer a professional, competent service to all types of organisations including private companies, public entities, government institutions as well as NGO’s.  Auditing and consulting firms will also look for internal auditors to join their workforce.

Choosing to study the IIE Postgraduate Diploma in Internal Auditing is an investment in a very exciting future career. This postgraduate diploma is aimed at professionals already employed in internal audit jobs, or those in a finance and business environment who wish to enhance their knowledge and skills.

What do Internal Auditors do?

When looking for the internal audit definition, it’s important to understand exactly what auditors in this specialised field do. They are responsible for key elements and accounting functions within an organisation. Auditors bring a highly disciplined and organised approach to evaluating business functions like operations, compliance, controls, risk and safeguards.

An internal audit career is ideally suited to individual who can work independently and enjoy following objective approaches to analysing and assessing complex problems. Internal audit standards are stringent and are a very necessary part of keeping businesses, organisations and NGO’s compliant and above board.

The IIE Postgraduate Diploma in Internal Auditing will impart advanced skills and competencies in numeracy management, literacy and articulation. It furthermore familiarises learners with the role and activities of the professional body of internal auditors, known as the Institute of Internal Auditors (IIA) and prepares them for the professional qualifications offered by the IIA both locally and internationally.

Why should I specialise in Internal Auditing?

If you seek a career that is highly specialised and much sought-after the world over, then pursuing a career in internal auditing is an ideal one. If you have experience or an interest in the professional practice of internal auditing as well as the competency to manage internal audit activities and perform internal audit assurance and consulting engagements, we recommend you study the postgrad in internal auditing with IIE MSA.

There is a host of career opportunities available to individuals who specialise in this field including:

  • Chief Internal Auditor
  • Internal Audit Manager
  • Internal Audit Supervisors in the public and or private sector
  • Other Senior Management positions in organisational departments/divisions.
  • Board members and directors

After a student has completed the IIE Postgraduate Diploma in Internal Auditing they will be able to further pursue the Professional Internal Auditor (PIA) designation offered by the IIA South Africa as well as the Certified Internal Auditor (CIA), which is an international designation, offered by the IIA Global.

Keen to know what career opportunities are available once you’ve completed this executive diploma? Find out more here.

What are the entry requirements for the IIE Postgraduate Diploma in Internal Auditing with IIE MSA?

This program is offered over a two-year period of full-time study and strives to deliver competent professionals to the market, who can assist in addressing the current skill shortage of internal auditors on a national as well as international level. To gain entry onto the qualification the minimum requirement is an appropriate HEQSF Level 7 Bachelor’s degree which includes a least an accounting or auditing module at a third-year level.

If you are interested in applying for the IIE PGDip Internal Auditing, more information can be found here.

Why is Internal Auditing important?

Internal Auditing is a specialised skill that is greatly in demand within South African businesses as well as international organisations. It is important because it is a function that keeps organisations accountable and ethically sound. During the IIE programme, in summation, students will learn how to conduct an internal audit of a business or institution, write a meaningful report on an internal audit or related project, solve complex problems while functioning efficiently as part of a group or team and be able to identify and address ethical issues within a given scenario.

More specifically, the qualification will equip the learner with specialised knowledge in Internal Auditing, Information Technology (IT) Governance and Auditing, Fraud Risk Management, Business Governance, Ethics and Strategy, Performance Management and Risk Management.
Successful candidates will hold in high regard their duty to contribute meaningfully to the development of the local and global society and economy.

For more information about studying with IIE MSA, get in touch with us today.

A local and global grounding with IIE MSA

When studying the IIE Postgraduate Diploma in Internal Auditing as well as other IIE qualifications with IIE MSA, students will be able to learn in an enhanced environment that focusses on creating competent and specialised professionals who can operate in both a global and local settings.

We are a higher education brand of the Independent Institute of Education,  situated in Ruimsig, South Africa. A team of skilled lecturers and subject matter experts create a unique learning experience in which students get both practical and theoretical training to be able to tackle real-life business situations. IIE programmes are aimed at both young school leavers as well as seasoned professionals already working in organisations across a multitude of sectors.

Choose from the myriad of IIE certificates, diplomas and degrees on offer now;

For smaller classes, personalised tuition and excellence in education, choose IIE MSA today.

British Accreditation Council

The IIE is not only accredited in South Africa but its dedication to providing quality education also led to it being accredited by the British Accreditation Council (BAC) in 2014. The British Accreditation Council is an independent authority in the United Kingdom that accredits private providers globally, including Greece, Switzerland, Singapore, India, Mauritius and the United Arab Emirates. In 2017 The IIE had its accreditation status confirmed by the BAC as an Independent Higher Education Institution confirming our confidence in the international comparability of our standards.

“South African students need to know, when they select a private higher education institution, that the standards offered are equivalent to those of a public University. Our students get this from our extensive local accreditation and registration. The students also benefit from knowing that we meet international standards too. The IIE is accredited as an Independent Higher Education Institution by the British Accreditation Council. Locally and internationally we have demonstrated the quality of what we offer”,said Dr Coughlan, Director, The Independent Institute of Education.

IIE MSA students can be confident that their IIE learning experience meets international best practice