Chapter 1 Learning ObjectivesObtain a basic understanding of internal auditing and the internal audit process.Understand the relationship between auditing and accounting.Distinguish between financial reporting assurance services provided by internal auditors and those provided by independent outside auditors.Become familiar with the internal audit profession and The Institute of Internal Auditors.Understand the competencies needed to excel as an internal auditor.Be aware of the various internal audit career opportunities it is possible to pursue.Internal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

Exhibit 1-1Internal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

Exhibit 1-2Internal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

Exhibit 1-3Internal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

Exhibit 1-4Internal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

Exhibit 1-5Internal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

Exhibit 1-6Internal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

Add slides as desiredInternal Auditing: Assurance and Consulting Services, 2nd Edition. 2009 by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, FL 32701 USA *

Copyright: Internal Auditing: Assurance and Consulting Services, by The Institute of Internal Auditors Research Foundation, 247 Maitland Avenue, Altamonte Springs, Florida 32701-4201 U.S.A.

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