The course seeks to accept suitably qualified applicants who are deemed to be able to
engage in postgraduate level study and can reasonably be expected to successfully
complete the course of study. This will normally be demonstrated by the achievement of a
good first degree or equivalent and good academic references.
Applications are also encouraged from students who may not hold a first degree but have
equivalent professional qualifications and sufficient work experience in a supervisory or
managerial capacity. Normally relevant work experience equivalent to three years would be
required for this entry route.
Applicants with no formal degree or professional level qualification are accepted in
exceptional circumstances, where they have had substantial business experience.
Internal auditing is an independent,
objective assurance and consulting activity designed to add value and improve an
organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Professionals called internal auditors are employed by organizations to perform the internal auditing activity.
The scope of internal auditing within an organization is broad and may involve topics such as the efficiency of operations, the reliability of financial reporting, deterring and investigating fraud, safeguarding assets, and compliance with laws and regulations.
Internal auditing frequently involves
measuring compliance with the entity's
policies and procedures. However, internal
auditors are not responsible for the
execution of company activities; they advise management and the Board of Directors (or
similar oversight body) regarding how to
better execute their responsibilities. As a
result of their broad scope of involvement,
internal auditors may have a variety of
higher educational and professional
backgrounds.
