Internal Audit: Risk, Controls, Compliance, 420+ Tools

This course contains the use of artificial intelligence.

Most audit findings are accurate and change nothing. The report is filed, the same risks return next year, and nobody can show what the audit improved. Here are 424 tools to change that: 302 ready-to-use templates, procedures, checklists, AI prompts, question lists and matrices, 79 models and methods, 8 services shown on screen and 35 working files.

Open a lecture, take the tool, test one control this week.

Why audits do not lead to change

The checklist is too long to finish, so the audit takes months. Risk is described in general words instead of models and evidence. Processes are not documented, so it is unclear what was supposed to happen. Interviews produce impressions instead of evidence, and the report lists problems without priorities or a plan.

What changes after this course

The audit has a clear instrument with weights and a scoring index. Risks are mapped and assessed with a trail you can defend. Responsibility follows the three lines of defence, processes are documented in BPMN, evidence comes from structured interviews and scorecards, and the findings turn into a prioritised roadmap with metrics.

What is inside: 424 tools, counted lecture by lecture

You do not have to take this number on trust. Open any lecture and read its description: every tool inside is listed there by name.

• 87 downloadable resources: the lecture presentations plus 35 working files, including the Control Test Worksheet, express scoring, the audit interview guide, the metrics dashboard, the audit report template, the improvement roadmap and the requirements traceability matrix
• 302 ready-to-use tools inside the presentations:
• 77 templates and sample documents: HR audit report, annual HR audit calendar, five-slide CEO audit presentation, risk register
• 49 step-by-step procedures and workflows: three-day HR audit schedule, six-stage incident investigation, interaction mapping and risk assessment, AS-IS/TO-BE process analysis
• 47 checklists: organizational fraud warning signs, board risk warning signs, good risk culture criteria, process audit
• 42 ready AI prompts: audit gap recommendations, CEO executive summary, improvement roadmap, five whys analysis
• 39 question lists and scripts: HR audit interviews, responses to HR audit resistance, risk culture audit, root problem diagnosis
• 28 scorecards, rubrics and matrices: HR audit RACI matrix, probability-impact risk heatmap, fraud controls by defence line, process maturity assessment
• 18 formulas and metric sets: HR audit metrics and benchmarks, process efficiency metrics, requirements documentation quality metrics
• 2 other working tools: MoSCoW prioritization, value-added activity classification
• 79 models and methods explained with examples: fraud triangle, ISO 31000 risk management, Three Lines of Defence, BPMN process modelling
• 8 services shown on screen, including Google Forms, Google Sheets and CliftonStrengths

Where the tools are

• The audit playbook (1 section, 27 tools). Diagnosis, the audit instrument and implementation.
• Risk and accountability (4 sections, 65 tools). Risk models, the psychology of risk, ISO 31000, senior team risk, risk culture, the three lines of defence and better decisions.
• Process documentation (2 sections, 39 tools). Purpose, BPMN, tools, results and running a process project.
• Performance assessment (3 sections, 96 tools). Planning, feedback, assessment centres, review meetings and the annual evaluation.
• Business analysis (2 sections, 116 tools). Elicitation, requirements, process modelling, systems thinking and change control.
• Interviews and scorecards (3 sections, 95 tools). Interview techniques, evidence, legal limits and anchored scorecards.

Who is teaching

I am Mike, the #1 HR instructor on Udemy, with 1,800,000+ course enrollments from 170,000 students, and the author of about 200 books on Amazon. I built the people system at Preply as it became a unicorn and worked at Wargaming, iDeals and Alfa-Bank across 20 years in HR. I hold PHRi, SHRM-CP and HCI sHRBP certifications and represent HRCI in Eastern Europe.

Alfa-Bank was the most mature example of risk work I have seen: a risk management department, compliance, internal audit and external audit, so all three lines of defence were present and every process was documented. At the STB TV channel, by contrast, an accountant entered a full-time rate for a half-time employee, and he received double pay for a year and a half without telling anyone, exactly the kind of abuse that appears where nobody controls the payroll.

How to use the course

Start with the Control Test Worksheet and the audit playbook, then go to the risk, process, assessment or analysis section that matches your next audit. Section and lecture titles show how many tools are inside, and each lecture description lists them by name.

What is included

• 42 lectures across 16 sections, 20.5 hours
• 87 downloadable resources: lecture presentations and 35 working files
• 424 tools across the lessons
• Lifetime access to all materials
• Active instructor support in the Q&A section
• A Udemy Certificate of Completion

Where to start

Pick one control you rely on every month and test it with the Control Test Worksheet before the next close. Enrol now and start your first lesson today.

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