On an Internal audit practitioner apprenticeship course, you’ll help evaluate and improve the effectiveness of risk management, control and governance processes.
Internal audit departments value an organisation’s operations by offering objective, independent assurance and advice.
Internal audit helps a business achieve its objectives by assessing and improving the effectiveness of risk management, control, and governance processes in a systematic and disciplined manner.
As an apprentice practitioner, you’ll learn how to research, gather data, document, and test to identify vulnerabilities and exposures and take appropriate action to address them.
Internal auditor jobs are available in the public, private, and nonprofit sectors. The internal audit function is a cornerstone of good corporate governance and essential to an organisation’s success.
What you’ll learn
On an internal audit practitioner apprenticeship course, you’ll learn to:
- Communicate clearly and succinctly, both verbally and in writing. Adjust the communication approach according to the situation.
- Promote open communication by demonstrating their competence to perform audits using appropriate interview techniques and effectively communicate findings.
- Collaborate with other audit colleagues to gain information and insights that will drive audits and gather data to accomplish results, and they will be team players.
- Use tools/techniques to get relevant data/information for specific audit tasks. Utilise sampling, data analysis, and other statistical techniques to analyse and assess data and produce preliminary conclusions.
- Effectively manage your time to complete high-quality audit tasks and other job requirements on schedule.
Entry requirements
You’ll usually need:
- 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a higher apprenticeship.
- Apprentices without level 2 English and maths will need to achieve this before taking the end-point assessment.
Assessment methods
The End Point Assessment comprises two distinct assessment methods:
- Case study scenario assessment
- Professional discussion based on Continuing Professional Education (CPE) journal
Duration, level, subjects and potential salary upon completion
- Duration: 18 months
-
Level: 4 – Higher Apprenticeship
- Relevant school subjects: Maths and ICT
- Potential salary upon completion: £35,000 per annum
Apprenticeship standard
More information about the Level 4 Internal Audit Practitioner Apprenticeship standard can be found here.
Apprenticeship end point assessment
For more information about the End Point Assessment Process, please read the Institute of Apprenticeships’ information page.