Course

Course Summary
Credit Type:
Course
ACE ID:
CUNA-0061
Organization:
Credit Union National Association (CUNA)
Location:
Classroom-based
Length:
1 week (26 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 advanced internal auditing
Description

Objective:

The course objective is to expand auditing skillset, develop analytical acumen and earn the Certified Credit Union Internal Auditor designation.

Learning Outcomes:

  • explain the elements of an internal audit charter
  • create a custom audit plan for your credit union
  • evaluate internal controls and risks
  • conduct fraud and employee investigations
  • audit financial management
  • manage internal audit communications

General Topics:

  • Credit union industry overview
  • Internal auditing
  • Internal controls and risk management
  • Role of internal auditor
  • Risk assessment methodology and internal audit planning
  • Components of an internal audit engagement
  • Communicating audit results
  • Fraud risks and controls
  • Key regulations
  • Financial management
  • Understanding IT audit and risk management
  • Investments
  • Loans
  • Branch operations
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials