Internal Audit is a vibrant, rapidly growing, globally recognised profession that is helping organisations manage their risk, governance and compliance processes. The Institute is committed to develop its members as internal audit professionals by providing them with the knowledge, skills and expertise essential to succeed in the profession. The Institute has much to offer in the area of best-practice tools, techniques and practices, which can be deployed to help organisations achieve their objectives.
Certificate Course on Internal Audit has been completely revamped by Internal Audit Standards Board, ICAI with new topics and heavy dose of information technology, being launched in a contemporary format to serve the needs of all stakeholders.
Course Objectives: The Certificate Course on Internal Audit has been designed to help the members-
Enhance the expertise of the Chartered Accountant in Internal Audit.
Build Governance, Risk and Compliance as one of their core competencies.
Help certified members to distinguish themselves from others conducting internal audits.
Course Duration :The duration of the course is spread over E-learning, five days’ classes and report presentation, i.e.
E-Learning: including module assessments.
Class room sessions: 5 days classes, with a prerequisite to undergo E-Learning.
Report presentation: In last classroom session.
Eligibility for Course: The Members of ICAI and the Students who have qualified their CA final examinations but yet to obtain the membership number of the Institute are eligible. However, Final Course Evaluation requires membership number of the Institute.
Course Fee: The fee for the course to be paid online is as follows
For Metro Cities
For Non-metro Cities
Rs. 17,700 (Rs. 15,000 per participant +18% GST)
Rs. 14,160 (Rs. 12,500 per participant +18% GST)
Batch size:The batch size is 25 (minimum) participants to 50 (maximum) participants.
E-learning Module assessments: 20 Marks for each 5 e-learning modules, i.e., total 100 marks. Participant is required to secure minimum 50% marks in this module test to be eligible for appearing in the Final Assessment Test.
Project presentation: Presentation of approximately 10 minutes of a Research paper/ report (10-20 pages of PPT) on the last class session (50 marks). Participants is required to secure minimum 50% marks in this Project Work (i.e. 75 Marks in total out of 150) to get eligible for appearing in the Final Assessment Test.
Final Assessment Test: Mix of subjective and objective question of 100 marks.
There is no limit on permissible number of attempts for evaluation tests.
CPE Hours:CPE Credit of 30 hours of structured learning will be given to the participants (as per CPE guidelines).
Final Assessment Passing Criteria:
The minimum marks required for passing is 50% i.e. 50 marks out of 100.
A candidate will have to attend 80% of classes, failing which he/she will not be entitled for appearing in the examination.
Registration: Course Registration is on First-Come-First Served basis on receipt of duly filled online registration form along with online course fee.
Certificate: Participants who successfully complete the course in line with the evaluation criteria outlined here and qualify the evaluation test will be awarded a Certificate of Completion.
It is clarified for information of the members that Certificate Course on Internal Audit is a Certificate Course. On successful completion of this Course, a member is awarded a Certificate to this effect. However, a Certificate Course does not grant any qualification, and therefore, it should not be mentioned by the members as qualification along with their name.
Copyright 2019 All rights reserved to the ICAI. No part of the contents available in any ICAI publication may be reproduced, stored in a retrieval system, or transmitted, in any form, or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior permission, in writing, from the Institute.