Founded in 1941, the Institute of Internal Auditors (IIA®) is the most recognized global organization in the field of internal auditing, headquartered in Altamonte Springs, Florida, USA. With more than 185,000 members worldwide and over 160 chapters, the IIA® supports the professional community through networking, training, certification, research, career development, and professional standards.
To elevate the professionalism, capability, and credibility of internal audit functions, the IIA® has established the International Professional Practices Framework (IPPF), which includes:
The Mission and Definition of Internal Auditing
Core Principles and Code of Ethics
Standards and Implementation Guidance
Templates, tools, and practical case applications based on global best practices
Among the certifications, CIA® (Certified Internal Auditor®) is the most prestigious and globally recognized credential, empowering internal auditors to validate their expertise at an international level.
To meet the growing demand for internal audit professionals who meet international standards, FMIT® has partnered with the Institute of Internal Auditors (IIA®) to deliver the official IIA®-standard internal audit training program in Vietnam.
Unique Highlights of FMIT®’s Internal Audit Program:
Fully aligned with IIA® standards and quality-assured by IIA®'s global partner system
Integrates real-life business case studies to help learners move beyond theory and apply internal auditing effectively in their organizations
Serves as a solid foundation for pursuing the CIA® designation – the only globally recognized internal audit certification
Learn from real-world case studies – apply insights directly into your organization
Practice-oriented – not just theory but hands-on internal audit implementation
Internal auditing as a strategic partner – audit not just to inspect, but to generate real business value
PRACTICAL INTERNAL AUDIT COURSE – FROM STRATEGY TO EXECUTION
This training program is designed based on real-world corporate models and successful internal audit case studies from global organizations such as Toyota, Amazon, Facebook, HSBC, and Lehman Brothers. It emphasizes not only core theoretical knowledge but also practical exercises that help learners develop strategic thinking and real-world risk governance skills.
Learners will be able to:
Develop strategic thinking for internal auditing and optimize corporate governance
Practice auditing through real-life scenarios rather than just theoretical learning
Understand how auditing can drive enterprise value and propose practical improvements
Apply advanced audit models such as COSO ERM, Risk-Based Audit, Data Analytics Audit, and Agile Audit
This internal audit course emphasizes strategic thinking, practical applications, and modern technologies, enabling learners to directly implement internal audit practices in their organizations. The content is built upon real case studies from major corporations and incorporates advanced models such as COSO ERM and Risk-Based Auditing.
Audit & Risk Governance Foundation – Learn the 3 Lines Model, IIA Competency Framework, COSO ERM principles, and internal controls through case studies from Enron, Lehman Brothers, and HSBC.
Audit Planning – Design strategic audit plans, assurance mapping, and real risk management at companies like Amazon and major banks using the RCM matrix to prevent fraud.
Audit Execution – Technology & Big Data – Apply AI and data analytics in internal auditing and IT security auditing through Facebook case studies, focusing on data risk detection.
Communication & Supervision – Write impactful audit reports with strategic relevance, optimize data visualization to enhance audit effectiveness.
Fraud Auditing & Financial Investigation – Apply the Fraud Triangle to conduct internal investigations and fraud audits.
This program is ideal for:
Internal Audit departments
Internal Control functions
Risk Management teams seeking to enhance evaluation and control improvement capabilities
Audit Committees
Organizations planning to establish an Internal Audit function
Professionals with potential to become internal auditors, aiming for CIA® certification and career advancement
Combines international auditing theory with real-world business context
Covers comprehensive knowledge areas in line with the IIA Global Internal Audit Competency Framework
Participants engage in hands-on exercises with real-world scenarios to deeply understand how theory translates into practice
Instructors present a structured methodology, and learners apply it to actual situations, ensuring practical problem-solving
Participants practice with a question bank to enhance situational analysis aligned with international standards and prepare for the CIA® certification exam
After completing the course, participants will be able to:
Understand internal audit implementation based on international standards
Gain practical skills through applying audit principles in real-world contexts
Build foundational knowledge to pursue the global CIA® certification
Strengthen personal competencies and deliver value-added insights to their organizations
Upon successful completion of the program and final assessment, participants will be awarded the "Certified Internal Audit Professional" certificate by FMIT®.
MODULE | DETAILED CONTENT |
---|---|
Chapter 1: Foundations of Internal Auditing |
|
Chapter 2: Governance, Risk, and Control |
|
Chapter 3: Annual Audit Planning |
|
Chapter 4: Engagement-Level Audit Planning |
|
Chapter 5: Audit Execution |
|
Chapter 6: Communication & Supervision |
|
Chapter 7: Fraud Risk Management |
|
Chapter 8: Performance, Operational, and Quality Auditing |
|
Chapter 9: IT, Security, and Privacy Auditing |
|
Chapter 10: Internal Accounting Auditing |
|
Currently, all Internal Audit training programs at FMIT® Institute are conducted in Vietnamese.
If you are interested, please switch the website to Vietnamese (top-right corner of the page) to view detailed schedules and course information.
If you need further assistance, feel free to contact us:
FMIT INSTITUTE
FMIT® Institute – 5th Floor, 126 Nguyen Thi Minh Khai Street, District 3, Ho Chi Minh City.
FMIT® Representative Office in Hanoi – 7th Floor, 18 Ly Thuong Kiet Street, Hoan Kiem District, Hanoi.
FMIT INSTITUTE
FMIT® Institute – 5th Floor, 126 Nguyen Thi Minh Khai Street, District 3, Ho Chi Minh City.
FMIT® Representative Office in Hanoi – 7th Floor, 18 Ly Thuong Kiet Street, Hoan Kiem District, Hanoi.
To manage and control organization, besides head of production, service, sale departments… are responsible for controlling their work, there are also departments related to quality, safety, finance, compliance… to support the policies, procedures to enhance the professionalism. These departments work together to build an internal control system and are used as an indispensable tool in the organization. These departments are under the control and management of the company’s CEO.
However, to ensure the transparency, professionalism and clarity in the internal control system, the Internal Audit Department is set up to evaluate independently and objectively. The internal control system is developed by CEOs and departments. This assessment is to check compliance, review weaknesses, hazards, and propose improvements.
Currently, internal audit is viewed by large corporations as an effective tool to prevent misconduct and provide a rational basis for organizational development.
Internal Auditor means Assessement. Audit, however, cannot be understood in the narrow sense of the term as the assessement of financial accouting. It should be understood as the assessment of whole management system including manufacturing, finance, compliance, security, information…
Modern internal auditors should be equipped with full knowledge of the management system, not onle with the accounting and finance. The knowledge required by the internal auditor should be consistent with the management method that the organization is using.
In many groups and large corporations, they often have to apply governance standards to solve organizational problems because of the complexity and many constraints of their work. Governance standards differ from managing emotionally or by experience.
In order to properly and adequately perform the role of internal audit in large corporations, the Internal Auditor should be familiar with international standards of governance which are popular in the world, then make the foundation and basis to understand the organization and make appropriate improvement.
The course “Internal Audit Fundamentals” at FMIT Institue is built on a foundation of courses in collaboration with the Institute of Internal Auditors (IIA), USA. The subjects in Internal Audit Fundamentals are the synthesized international standards. The Internal Auditors have opportunities to systematically approach management standards all over the world to shape and develop their capacity systematically.
Management by experience is only appropriate for small organizations whose managers are familiar with their job. However, at present, the speed of change of society is faster so management by experience will put pressure on the manager which will lead to many mistakes, and decision-making confusion. Managing by building a professional system will help managers become more proactive and professional, reduce wrong decisions and increase collaboration in the organization.
With the trend of using assessment/ internal audit as a tool to increase the efficiency and transparency in goups and public corporation, the role and the work of internal auditor become more and more important.
Internal auditors need equipping their knowledge with global standards to have a basis for benchmarking when make assessment and improve management system. The global standards are an important and indispensable measure for the ones who performs the internal audit work to propose and improve the organization.
There are hundreds of companies, small and large corporations have experienced the course at FMIT® (You can get more information at the customer lists at website www.fmit.vn).
Vinh Danh
No comments yet!