Internal Audit Management Product Implementation Expert
$1,400
A course will be available for 365 days upon enrollment
Certifications / Product Implementation Expert

Internal Audit Management Product Implementation Expert

Overview:

This certification curriculum includes both the product implementation course and the platform administration course. Successfully completing the course content and certification exam will yield the user an Internal Audit Management Product Implementation Expert Certificate.

Level – Advanced

Duration – 45 Hours

Course Completion Requirement – 2 weeks from date of assignment

Pre-requisites: Familiarity with Internal Auditing Concepts


Practice, Assessment & Certification:

Once courses 1 & 2 have been completed, please reach out to your trainer at [email protected] for the following:

  1. Practice Instance: MSU will provide access to a practice instance for a duration of 2 weeks.
  2. Facetime with Instructor: Collate all questions you may have on the course and send to your trainer; the trainer may host a dedicated 1hr session to address any questions.
  3. Assessment & Certification: You are expected complete the assessment in 2 weeks from the assignment of this course.

Curriculum content

  • The MetricStream Internal Audit Management (IA) app 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. 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. Level – Advanced Course Duration – 6 Hrs of Training Content + 4 Hrs of Practice + 2 Hours of Q&A with MSU Instructor Course Completion Requirement – 2 weeks from date of assignment Pre-requisites: Familiarity with Internal Auditing concepts   Learning Objectives:  The training is focused on the features, process, workflows, and functionalities of the Internal Audit application. At the end of the training, practice and certification, resources will be able to :  §   Product Functionality & Use Case  Workflow  Usage ·           Understand benefits of the IA app ·           Understand key components in IA ·           Understand the standard roles in IA ·           Create and manage Audit Universe ·           Perform risk assessments ·           Perform Audit Planning and Execution ·           Create Questionnaires and send out Surveys ·           Manage Issues and Actions ·           Manage Resource and Timesheet management §   Product Configuration ·           Configuration Workbooks ·           Updating IA LOVs ·           Updating IA Data Tables ·           IA Configuration Parameters §    Product/Use Case Setup ·           Setup Auditor Profile and Milestones ·           Upload Audit Data ·           Perform Risk Assessment Setup ·           Create Timesheet Policy and Timesheet
    • 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 enterprise. This app is designed to manage a wide range of internal audit activities, data, and processes in an integrated and unified manner.
    • Lesson Audit Universe

      Audit Universe helps you manage the content that is used in performing the audits. You can relate one content with the other. On the Audit Universe tab, you can create: Processes Auditable entities Risks Controls Questions/procedures Checklists
    • Lesson Risk Assessments

      The Risk Assessments module provides a centralized risk framework to document, manage, and assess risks faced by an organization. In Internal Audits, use the Risk Assessments page to: Schedule risk assessments Assess risks and controls Log findings and issues
    • Lesson Audit Planning

      Use the Audit Plans page to: Create and publish audit plans containing multiple audits Create an audit plan for one or more years, as required Select the audit type that suits your audit (organization/process)
    • Lesson Audit Execution

      In the Audit Execution stage: Manage audit projects Create and track workpapers created for your projects Send out Surveys Send Issues for Review Create Audit Reports
    • Lesson Impact Analysis

      As a lead auditor or audit manager, you can initiate different types of surveys to gather information about policies and procedures. To request for documents that specify the scope of audit, and to obtain feedback from the auditee to understand the efficiency of the audit process.
    • Lesson Resource and Timesheet Management

      The modules help you: Manage and edit schedules of projects, allocate resource to each project. Create timesheet policy and enter timesheet for self and others.
    • Lesson Issues

      The Issues module supports the identification and evaluation of issues as well as case investigation and tracking leading to an elaborate remediation or corrective action process.
    • Lesson IA: Product Setup

      MetricStream components can be tailored to specific requirements of an organization in different ways. This unit covers the most common requirements and functions performed by an 'Apps Administrator" in the Internal Audits application.
    • Lesson IA Product Configuration

      This unit covers configuration topics enabling you to populate configuration workbooks, updating LOVs and Data Table on forms and defining workflow parameters. 
    • Lesson IA Product Administration

      This unit will enable you to provision, deactivate and map users to various roles in the IA app.
    • Lesson IA: Practice

      Please reach out to your trainer for credentials to the practice instance before starting this unit.
  • This course enables users to learn the Platform Features, Navigation and key terminologies.  It helps the administrators to understand setup the organization and its attributes like Hierarchy and Location . It equips them in managing roles and provision users efficiently which is most appropriate for their business scenarios. This course enables participants administer the MetricStream platform independently after the training.   Level – Advanced Course Duration – 6 Hrs of Training Content + 4 hrs of Practice Course Completion Requirement – 2 weeks from date of assignment Pre-requisites: Functionality of the Apps and Business entities Course Objectives At the end of this course, you will: Understand MetricStream’s Platform and its key terminologies Understand how to navigate the MetricStream Portal Understand how to setup an Organization, location and its hierarchy,  matching the business usecase. Create and Manage Roles, Activities and Infocenters Administer users and Manage access to the resources
  • Course Overview:  The MetricStream Platform provides a framework that enables customers and partners to configure the application based on customer use case. The framework ensures that the configurations or changes made remain intact, while incorporating the updates from a new App patch or feature pack. The framework has been enabled for components like Forms, Configuration Parameters, List of Values (LOV), Workflow Emails, and Email Templates   Level Intermediate Content 12 Hours Practice 6 Hours Q&A with MSU 2 Hours Pre-Requisites Practical Knowledge in SQL, PL/SQL, Data Modelling, Java, JavaScript, Product Setup, Features and Functionality, Certification Awarded* MetricStream Certified Configuration Specialist   Learning Objectives:  At the end of the training, resources will be able to understand: How to setup the applications How to perform basic configurations How to create, modify reports and charts How to configure forms How to Create and Manage Infocenters How to Manage Emails & Email Templates *(Training will cover how to configure all apps, so it is app neutral)   Practice Instance: Once you start the course, please reach out to MSU at [email protected] to get a practice instance allocated.   Facetime with Instructor: Upon completion of course content and sufficient practice, reach out to your MSU instructor for your 4 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.
  • This certification requires the following assessments to be completed:   Assessment – I: The test has 60 questions that need to be answered and you will have 120 minutes to complete the assessment once started. You may start this at any time before the closure date, however once started the test cannot be paused. Hence ensure that you have set aside time to complete this assessment before you hit the  START  button. 2.   Assessment – II: This is a scenario-based assessment that ought to be completed before the assessment closure date. Since there is no time limit, you may start the test right away and complete it in any order you see fit. Please ensure that all results are captured and filled before the assessment closure dates.