The purpose of this course is to provide participants with a sound foundation of internal concepts, principles and practices. It provides an overview of internal audit in the context of governance, risk management and business practices. Professional promulgations by the Institute of Internal Auditors serve as the foundational references for the course. These include the attributes of internal audit, planning, execution and reporting. More importantly, the course will deepen students' understanding and appreciation of internal audit with real world industry illustrations and sharing of professional internal audit engagements.
At the completion of this course, students are expected to be able to:
- Relate internal audit to corporate governance and risk management.
- Understand the concepts and principles of internal audit.
- Apply techniques to capture and analyse the external and internal environments of an organization.
- Perform risk based internal audit engagement in relation to planning, execution and reporting.
- Understand the professional ethics and relevant skills required in internal audit.
This course contributes to the development of the following learning goals:
- LO1.1 Our students can recognize, develop, measure, record, validate and communicate
financial and other related information
- LO1.2 Our students can analyse, synthesise and evaluate financial and other related
information for decision making in a management context.
- LO1.3 Our students understand and can apply concepts relating to business processes,
audit and assurance.
- LO2.2 Our students can communicate effectively in a business context.
This course contributes to the development of the following learning goals:
- LO1.1 Our students can recognize, develop, measure, record, validate and communicate
financial and other related information
- LO1.2 Our students can analyse, synthesise and evaluate financial and other related
information for decision making in a management context.
- LO1.3 Our students understand and can apply concepts relating to business processes,
audit and assurance.
- LO2.2 Our students can communicate effectively in a business context.
This course contributes to the development of the following learning goals:
LO2.1 Our students understand and can apply business concepts and principles.
LO2.2 Our students can communicate effectively in a business context.
LO2.3 Our students understand the principles of leadership and team building in
a business context.
This SMU-X course offers an experiential learning opportunity that allows students to translate classroom knowledge and theory into practical solutions for real organizations. Through this student consultancy project, students learn how to solve complex business problems with guidance from the faculty and project sponsor mentors, from problem definition to final client presentation - while simultaneously testing their skills in real world settings. The course will focus on examining accounting processes and applying data-driven analytics and insights so as to identify and create accounting delivery efficiencies.
The course aims to achieve the following objectives:
- Real-world problem solving through student consultancy project
- Apply classroom learning and research to real-world challenges in order to envision solutions for an intelligent accounting function
- Understand the changing role of finance function
- Understand how to simplify, streamline and harmonize essential finance processes to create a leaner, more efficient finance function
- Learn how to use a data visualization tool
- Experiential and peer-learning
- Active mentoring by faculty and project sponsors
- Learn how to handle uncertainty in a project
This SMU-X course offers an experiential learning opportunity that allows students to translate classroom knowledge and theory into practical solutions for real organizations. Through this student consultancy project, students learn how to solve complex business problems with guidance from the faculty and project sponsor mentors, from problem definition to final client presentation - while simultaneously testing their skills in real world settings. The course will focus on examining accounting processes and applying data-driven analytics and insights so as to identify and create accounting delivery efficiencies.
The course aims to achieve the following objectives:
- Real-world problem solving through student consultancy project
- Apply classroom learning and research to real-world challenges in order to envision solutions for an intelligent accounting function
- Understand the changing role of finance function
- Understand how to simplify, streamline and harmonize essential finance processes to create a leaner, more efficient finance function
- Learn how to use a data visualization tool
- Experiential and peer-learning
- Active mentoring by faculty and project sponsors
- Learn how to handle uncertainty in a project
This SMU-X course offers an experiential learning opportunity that allows students to translate classroom knowledge and theory into practical solutions for real organizations. Through this student consultancy project, students learn how to solve complex business problems with guidance from the faculty and project sponsor mentors, from problem definition to final client presentation - while simultaneously testing their skills in real world settings. The course will focus on examining accounting processes and applying data-driven analytics and insights so as to identify and create accounting delivery efficiencies.
The course aims to achieve the following objectives:
- Real-world problem solving through student consultancy project
- Apply classroom learning and research to real-world challenges in order to envision solutions for an intelligent accounting function
- Understand the changing role of finance function
- Understand how to simplify, streamline and harmonize essential finance processes to create a leaner, more efficient finance function
- Learn how to use a data visualization tool
- Experiential and peer-learning
- Active mentoring by faculty and project sponsors
- Learn how to handle uncertainty in a project
This SMU-X course offers an experiential learning opportunity that allows students to translate classroom knowledge and theory into practical solutions for real organizations. Through this student consultancy project, students learn how to solve complex business problems with guidance from the faculty and project sponsor mentors, from problem definition to final client presentation - while simultaneously testing their skills in real world settings. The course will focus on examining accounting processes and applying data-driven analytics and insights so as to identify and create accounting delivery efficiencies.
The course aims to achieve the following objectives:
- Real-world problem solving through student consultancy project
- Apply classroom learning and research to real-world challenges in order to envision solutions for an intelligent accounting function
- Understand the changing role of finance function
- Understand how to simplify, streamline and harmonize essential finance processes to create a leaner, more efficient finance function
- Learn how to use a data visualization tool
- Experiential and peer-learning
- Active mentoring by faculty and project sponsors
- Learn how to handle uncertainty in a project
This SMU-X course offers an experiential learning opportunity that allows students to translate classroom knowledge and theory into practical solutions for real organizations. Through this student consultancy project, students learn how to solve complex business problems with guidance from the faculty and project sponsor mentors, from problem definition to final client presentation - while simultaneously testing their skills in real world settings. The course will focus on examining accounting processes and applying data-driven analytics and insights so as to identify and create accounting delivery efficiencies.
The course aims to achieve the following objectives:
- Real-world problem solving through student consultancy project
- Apply classroom learning and research to real-world challenges in order to envision solutions for an intelligent accounting function
- Understand the changing role of finance function
- Understand how to simplify, streamline and harmonize essential finance processes to create a leaner, more efficient finance function
- Learn how to use a data visualization tool
- Experiential and peer-learning
- Active mentoring by faculty and project sponsors
- Learn how to handle uncertainty in a project
This course contributes to the development of the following learning goals:
- LO1.1 Our students can recognize, develop, measure, record, validate and communicate
financial and other related information.
- LO1.2 Our students can analyze, synthesize and evaluate financial and other related
information for decision making in a management context.
- LO1.3 Our students understand and can apply concepts relating to business processes, audit
and assurance.
- LO2.1 Our students understand and can apply business concepts and principles.
- LO2.2 Our students can communicate effectively in a business context.
