University Of Namibia Postgraduate Diploma in Internal Auditing

What is Postgraduate Diploma in Internal Auditing?

The IIE Postgraduate Diploma in Internal Auditing aims to deliver learners who will be able to render a professional internal auditing service as internal audit managers and or consultants to all types of organisations, including private companies, public companies, government and auditing or consultation firms.

Entry Requirement:

An applicant should be a holder of Bachelor degree in Accounting or equivalent qualification in related disciplines offered by University of Namibia or its equivalent. Preference will be given to persons employed in public service in the areas of accounting, auditing and finance, and holding a Bachelor’s degree in Accounting or related disciplines.

The students applying for admission may be interviewed and assessed by the Department of Accounting, Auditing and Income Tax before recommendation of their admissions to the Postgraduate Studies Committee. Mere fulfilment of admission requirements does not guarantee a place on the programme as the admission is limited to 20 places per intake.

Frequently Asked Questions

How do I become a certified internal auditor in Namibia?

To get a certified internal internal auditor in Namibia, you need to get bachelor’s degree or equivalent that requires 24 months of internal auditing experience or equivalent. Associate’s Degree or equivalent requires 60 months of internal auditing experience or equivalent.

What can I do with diploma in internal auditing?

Candidates completing the Postgraduate Diploma in Internal Auditing will be able to further pursue the Professional Internal Auditor (PIA) designation offered by the IIA South Africa as well as the Certified Internal Auditor (CIA), which is an international designation, offered by the IIA Global.

What qualifications do you need to be an internal auditor?

The career path to becoming an internal auditor follows a sequence, starting with obtaining an academic qualification – a Bachelor of Commerce and Honours in Accounting, as well as completing the Certificate: Theory of Accounting (CTA).

How many years does it take to study auditing?

How do I become an Auditor? Academic training comprises 4 to 5 years’ full-time study. During this time the following qualifications can be obtained: BCom (Acc) 3 years; BCom (Honours)(Acc) and CTA (Certificate Theory of Accounting) 1 – 2 years.

What requirements are needed to study auditing?

A National Senior Certificate with a bachelor’s degree or a diploma endorsement or an equiva- lent qualification, with an achievement level of at least 4 for English (home language or first additional language), 3 for Accounting or 3 for Mathematics or Technical Mathematics or 5 for Mathematical Literacy.

What is internal auditing course?

The Bachelor of Science in Internal Auditing (BSIA) is a four-year program which provides general accounting education to learners wanting to pursue a professional career in Internal Auditing. … They are also required to perform internal auditing research work and feasibility studies, among other assessments.

What other jobs can an internal auditor do?

Other positions are lead internal auditors, such as senior internal auditors, and internal audit supervisors, such as audit managers, risk managers and internal audit directors. Finally, there are the internal audit executives, including finance directors, CFOs and controllers.

Who performs an internal audit?

Internal auditors are hired by the company, while external auditors are appointed by a shareholder vote. Internal auditors are employed to educate management and staff about how the business can function better.

Is internal audit part of finance?

While a significant portion of internal audit covers internal controls over financial reporting within the organization as they pertain to generally accepted accounting procedures (GAAP) impacting their financial statements.28 Nov 2018

What is internal audit in accounting?

Internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. These audits ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection.

How long does an internal audit take?

Audits are typically scheduled for three months from beginning to end, which includes four weeks of planning, four weeks of fieldwork and four weeks of compiling the audit report.

Is internal audit hard?

“It can be one of the most difficult roles in an organization,” Benevenuti says. Internal auditors are required to maintain a level of professional skepticism, even with colleagues.

Is internal audit a good career?

Internal audit is a sustainable, and lucrative career path. The average entry-level salaries in the industry range from being good to great. As an internal auditor with up to one year experience you could be making anywhere from $55,849 – $103,970 USD or an average salary of $42,000-86,000 CAD.

How do I prepare for an internal audit interview?

Before your interview, do some research and learn about the most important areas of the company and what departments need an internal audit most. That way, you can give detailed, enthusiastic reasons why you are interested in the job.