Internal Audit Management - Product Implementation Course
$450
Available for 365 days upon enrollment
Product / Implementation Course

Internal Audit Management - Product Implementation Course

Course Overview: 

The MetricStream Internal Audit Management (IA) product is a comprehensive and highly configurable audit management system that enables users at all levels to drive systematic risk-based auditing across the enterprise. The app is designed to manage a wide range of internal audit activities, data, and processes in an integrated and unified manner.

 

Level

Advanced

Content

6.5 Hours

Practice

4 Hours

Q&A with MSU

2 Hours

Pre-Requisites

Familiarity with concepts on Internal Audits

Certification Awarded*

MetricStream Certified Internal Audit Management Implementation Associate

 

Learning Objectives: 

This course enables you to drive systematic risk-based auditing across the enterprise using MetricStream’s Internal Audit app. The course covers Audit Universe, Audit Planning, Audit Execution, Findings, Audit Reporting, Audit Closure and App Configurations.

The training is focused on making trainees understand the features, process, workflows, and functionalities of the Internal Audit Management Product. At the end of the training, practice and certification, trainees will have knowledge on how to implement and perform basic configurations on the IAD product which includes knowledge on:

§ Product Functionality & Use Case Workflow Usage

o    Understand benefits of the IA app

o    Understand key components in IA

o    Understand the standard roles in IA

o    Create and manage Audit Universe

o    Perform risk assessments

o    Perform Audit Planning and Execution

o    Create Questionnaires and send out Surveys

o    Manage Issues and Actions

o    Manage Resource and Timesheets

§ Product Configuration

o    Configuration Workbooks

o    Updating IA LOVs

o    Updating IA Data Tables

o    IA Configuration Parameters

§  Product/Use Case Setup

o    Setup Auditor Profile and Milestones

o    Upload Audit Data

o    Perform Risk Assessment Setup

o    Create Timesheet Policy and Timesheet

 

Practice & Facetime with Instructor:

Once you start the course, please reach out to MSU at [email protected] to get a practice instance allocated. Upon completion of course content and sufficient practice, reach out to your MSU instructor for your 2 hr Q&A session to clarify and address any open questions.

 

Certification (Optional):

To be certified, you need to score a minimum of 75% on both the objective and practical assessment. You are allowed a maximum of 2 attempts to pass the certification tests. Please reach out to the instructor once you are ready for assessment. The maximum duration allowed for appearing for assessment is 2 weeks from the course assignment date.

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Course content

  • Lesson Internal Audit Management Overview & Navigation

    The MetricStream Internal Audit Management app is a comprehensive and highly configurable audit management system that enables users at all levels to drive systematic risk-based auditing across the...

    • Internal Audit Overview (10 Minutes)
    • Navigation (10 Minutes)