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Accreditation and MQF level
The accreditation status of this programme is a ‘‘Higher Education Programme’’. A CPD Award accredited with 4 ECTS credits (MQF/EQF Level 6) by the Malta Further & Higher Education Authority (MFHEA) in Internal Auditing will be presented to delegates who obtain a minimum pass in the relative assignment.
MIA Accreditation
The course will be accredited by the Malta Institute of Accountants in terms of the Accountancy Board’s CPE Scheme and Accreditation Rules.
Target Audience
- Internal Auditors
- Risk Managers
- Accountants and Auditors
- Compliance Managers
- Directors of Boards
- CEOs
- Chief Officers and AMLROs
Duration & Mode of Attendance
This part-time course is made up of 8 live online evening webinar sessions which are spread over a period of 8 weeks.
Entry requirements
Tertiary Education Qualification at MQF/EQF Level 6 including but not restricted to Finance, Management, IT, Engineering or Marketing and a minimum of 2 years working within a business (private or public) organisation
OR
Minimum of MQF Level 4 qualification a minimum of 5 years’ business work experience ideally within finance and auditing.
Course Delivery Mode – Live Webinars
This course will be delivered via live online webinars. The course trainers will be visible on screen via a professional webinar platform through which students can follow the trainer presenting live whilst also using a PowerPoint presentation and sharing other resources as necessary. Students will be able to interact with the trainer by sending questions or comments through the same webinar platform. Our student support team will assist all students with simple instructions on how to access the webinar online. A support line will also be made available to communicate with a student support officer in case of technical difficulties encountered during the live webinar.
All webinars will also be recorded and uploaded on the student online resources portal for future reference during home study. Trainers will also dedicate very regular Q & A times during the webinar to ensure all students can have the chance to ask questions and reach the intended learning objectives. The email and contact details of the trainer will also be made available in case students would wish to get in touch with the trainer throughout the course period.
Short 10 minute breaks will be given during the webinar.
How You’ll Learn
This course will be delivered via live online webinars. The course trainers will be visible on screen via a professional webinar platform, through which students can follow the trainer presenting live, whilst also using a PowerPoint presentation and sharing other resources as necessary.
Students will be able to interact with the trainer by sending questions or comments through the same webinar platform.
The course will also make use of:
- Online Presentations
- Video Lecturing;
- Q&A via online course forum;
- Online Q&A with Educator (Trainer).
The above are considered to be contact hours as all of the above will be under control of the instructor.
Method of Assessment
At the end of the course, students will be presented with the assignment questions, where students have four or five questions and need to choose three. The total word count for the total assignment is 3,000 words. Students need to submit the assignment as per the submission date on the assignment questions document provided.
Grading: The assignment questions will be corrected and students must achieve a pass mark of at least 50 marks, in order to be given a certification.
Language of Course Instruction & Course Materials
The course materials and the live webinars are in English.
Course Dates
| Modules |
Dates |
Time |
| Module 1 : GRC and Internal Auditing |
24/10, 31/10 |
17:30 – 20:30 |
| Module 2 : A Closer look at the IPPF & COSO Frameworks |
07/11, 14/11 |
17:30 – 20:30 |
| Module 3 : Cybercrime and Financial Crime – What Internal Auditors Should Know |
21/11, 28/11 |
17:30 – 20:30 |
| Module 4 : Composition and Writing of Internal Audit Reports |
05/12, 12/12 |
17:30 – 20:30 |
Please note that as per terms and conditions, LEAD Training Services reserves the right to alter course dates, times and venue in exceptional circumstances beyond its control.
Total Hours of Learning
This is an accredited course, which requires students to commit themselves and to be responsible for their own studies. Below is a suggested guideline of the number of hours each student should dedicate to self-studying and preparing for the final written assignment.
Total Course Contact Hours
(Live Online Webinars) |
24 |
Total Course Suggested Self-Study Hours
(reading for interest & further knowledge) |
60 |
Total Course Supervised Placement and Practice Hours
(Work placement supervision) |
0 |
Total Course Suggested Assessment Hours
(Take home assignment) |
16 |
Course Outline
Module 1: GRC and Internal Auditing
Trainer: James Grech
ECTS credits: 1
Learning Outcomes:
At the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- describe professional theoretical and practical knowledge in the area of Governance, Risk and Compliance, including the relationship with Internal Auditing.
- identify past, present and expected developments within the field of GRC and Internal Auditing
- describe the OCEG-model
- identify and distinguish between the key roles and responsibilities of a risk manager, compliance manager and internal auditor.
Module 2: A Closer look at the IPPF & COSO Frameworks
Trainer: James Grech
ECTS credits: 1
Learning Outcomes:
At the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- list the core features of the COSO framework.
- describe the evolution of the COSO framework.
- identify and list the key recent changes in the COSO framework.
- describe the main contents of the IPPF framework
- distinguish between the different categories of the IPPF Framework – Definition of Internal, Auditing, Code of ethics and Standards
Module 3: Cybercrime and Financial Crime – What Internal Auditors should know
Trainer: Jonathan-Mark Bezzina Gatt & James Grech
ECTS credits: 1
Learning Outcomes:
At the end of the module/unit the learner will have acquired the responsibility and autonomy to:
- define the phenomenon and seriousness of cybercrime and other forms of financial crimes (fraud, corruption, bribery, money laundering etc)
- describe the different and evolving forms of cybercrime and financial crime.
- prioritise and categorise the different forms of cybercrime and financial crime activities (according to regularity, most damaging, etc…)
- describe the evolving internal controls and risk management techniques aimed at defending the organisation from cybercrime attacks and other forms of financial crimes.
- get a very good understanding of mitigations to risks associated to such crimes.
- describe the main contents and requirements stemming from the Prevention of Money Laundering and Funding of Terrorism legislation and regulations and their importance in the context of cybercrime.
Module 4: Composition and Writing of Internal Audit Reports
Trainer: James Grech
ECTS credits: 1
Learning Outcomes:
At the end of the module/unit the learner will be able to:
- Identify, recall and list the attributes of quality communications as described in IIA standard 2420-1
- Identify the components and features of a quality internal audit report.
- List common shortcomings in internal audit reports.
- Prepare an internal audit report based on a given situation.
- Plan their internal audit work in a way which supports effective reporting.
- Present internal audit findings in a clear and concise manner.
- Discuss or describe report findings in a manner which is tailored to the various stakeholders of Internal Audit.
- Critically examine internal audit reports.
- Use internal audit reports to start discussions and prompt action.
Trainers
James Grech
James Grech graduated with a Bachelor of Business and Commerce Degree in 2001 and later on obtained the Accountancy (Honours) degree from the University of Malta in 2003. James is Certified Public Accountant and holds a Practising Certificate in Auditing issued by the Ministry of Finance in Malta. He is also qualified as Certified Information Systems Auditor (CISA) and member of ISACA. James is also a member of the Institute of Internal Auditing (US), and is a Certified Internal Auditor (CIA). The CIA is the only internationally accepted certification designation for internal auditors and is the standard by which individuals demonstrate their competence and professionalism in the internal auditing and Management Consultancy field.
James is a renowned Business Consultant and Management/Business trainer and conference speaker in Malta and is also founder and Managing Director of LEAD Training Services, one of Malta’s largest professional training Institute licensed by the Malta Malta Further & Higher Education Authority (MFHEA).
Jonathan-Mark Bezzina Gatt
Jonathan has graduated from Stockholm University with an MSc. Information Security. He currently resides in Stockholm. Jonathan consults with D4n6 over various client projects ranging from the implementation of Information Security Management Systems, ISO 27001 readiness and awareness training in the field of information security.
With a background in social sciences, his approach to information security is multi-disciplinary and multi-faceted, tapping into the psychology of threat agents when evaluating the security posture of an organization.
Testimonials
- I would fully recommend this course. As a mature student looking to further my education i was concerned i may not be able to keep up, however James Grech was brilliant and each lesson was a joy to attend. He made everything very easy to understand and most importantly logical and clear.
Debra Fowler
Azure Malta (September 2018)
- Fully recommend this course to anyone interested in grasping further the mechanics behind the internal auditing profession – a profession which is becoming increasingly relevant and value-adding to any organisation. Lectures were very well structured, lecturers were highly knowledgeable and the course was overall extremely interesting. Lead Training Services support staff were also very helpful with requests and logistics.
G. Abela (October 2022)
Course Funding Options
For Individuals
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GET QUALIFIED SCHEME
Candidates can benefit from a 70% rebate of the course fee via tax credit. Get Qualified is an initiative that supports the personal development of individuals for the achievement of qualifications and certifications required by industry.
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