Internal auditor training 2

Courtesy: Internal auditor training

Most publicly traded corporations typically have an internal auditing department, led by a chief audit executive (“CAE”), with lead internal auditors managing small teams of internal auditors for one audit engagement. Lead auditor is a position between senior auditor and head of division.

In public accounting firms, a lead auditor for an audit engagement is usually chosen from among the senior auditors.

Certified lead auditor

The certified lead auditor designation is a professional certification for audit team leaders working for certification bodies or performing supplier audits for large organizations. Lead auditor certification requires tertiary education plus two years of work experience as an auditor or lead auditor in training.

Certification programs

It is possible to become a certified lead auditor in the following ISO (International Organization for Standardization) certification programs:

• Quality (ISO 9000)
• Aerospace (AS9100)
• Medical (ISO 13485)
• Environmental audits (ISO 14001)
• Information security (ISO/IEC 27001)
• Occupational health and safety (ISO 45001)
• Diversity and Inclusion (ISO/CD 30415 Diversity and inclusion) ISO Diversity

The Chartered Institute of Internal Auditors was founded in 1948 and attained its Royal Charter in 2010. It represents internal auditors in the United Kingdom and Ireland and is affiliated to the Global Institute of Internal Auditors, based in the USA. It is also a member of the European Confederation of Institutes of Internal Auditors (ECIIA). It is the only professional membership body in the UK dedicated to Internal Audit.

The Chartered IIA works closely with the Global Institute of Internal Auditors based in Orlando, Florida, and support the International Professional Practices Framework (IPPF) and are bound by a code of ethics.

The Chartered IIA currently have approximately 10,000 members and work very closely with some of the biggest private companies, Central Government, and local councils.

Career Pathway

The Chartered Institute of Internal Auditors is a highly respected and influential professional body in the UK and Ireland, the only to support that support the profession of internal audit. The Chartered IIA also support compliance, risk management and associated business areas.

Much of the Chartered IIA’s success is due to the Career Pathway of certification, and in 2020 launched the Internal Audit Practitioner programme and in 2022 a brand new syllabus for the Chartered. Both are proving to be extremely successful. The bulk of the Chartered IIA’s students are working towards the prestigious Certified Internal Audit, a designation in high demand across the world.