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IC = Internal Controls IA = Internal Audit What knowledge and skills should we gain for career progression in Internal Controls or Internal Audit. Of course Microsoft Excel and good English communication skills are required, what else especially in the area of knowledge and how to gain them. If internet, then where. please post any links that will be helpful.
The Best way to be a good internal auditor is to improve your KSA:
Knowledge: by keep reading and updated with continues professional education and obtaining professional certificates (Cs). Also I'm recommending visiting the following website to download useful eBooks (WWW.BOOKFI.ORG)
Skills: Communication skills and Analytical skills are the most important skills to improve.
Abilities: MS Office - IT overall understanding - Awareness of Governing laws and regulations.
Internal Audit have their own value than external audit, it is observed that in the end external auditor doing job of finance or internal audit department , so if u take start with internal audit with then you will get whole company knowledge of operations as well as financial and also work on both areas and third thing is in implementation of internal controls , internal auditor find weakness in internal controls and management is responsible for implementation of internal controls.
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