Internal Audit skills assessment: Evaluate your abilities

Interested in using Internal Audit to make a significant impact on your organization? Take our free Internal Audit Assessment Test today and determine your team's proficiencies and areas for enhancement.

Test Duration: 30 mins |
No of questions: 40 |
Level of experience: Beginner/Intermediate/Expert

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Internal Audit Online Test Summary

Internal Audit tests by Elite Learning is a scientifically designed assessment by our subject experts. This test evaluates an individual's skills and knowledge in Internal Audit . Employers can use the results to evaluate candidates proficiency in Internal Audit and make informed hiring decisions. Additionally individuals can use their test results to identify areas where they need to improve their skills and knowledge in Internal Audit .

Topics Covered In Internal Audit

Internal Audit Basics

Foundations of Internal Audit

Internal Audit Operations

Practice of Audit Operations

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Sample Questions for Internal Audit are:

Q. Which of the following is not a component of the International Professional Practices Framework (IPPF)?

A. The International Standards for the Professional Practice of Internal Auditing (Standards)

B. The Code of Ethics for Internal Auditors

C. The International Financial Reporting Standards (IFRS)

D. The Practice Advisories and Practice Guides

Q. Which of the following is the primary objective of an internal auditor's assessment of fraud risk?

A. To prevent fraud from occurring within the organization

B. To detect all instances of fraud within the organization

C. To provide reasonable assurance regarding the detection of fraud

D. To identify the individuals responsible for committing fraud

Q. Which of the following is a key characteristic of a mature internal audit function?

A. Limited scope of audit coverage

B. Reliance on external auditors for audit planning

C. Regular reporting to the audit committee

D. Ad hoc audit planning and execution

Q. Which of the following is an example of a preventive control?

A. Reconciliation of bank statements

B. Review of employee expense reports

C. Segregation of duties

D. Analysis of financial ratios

Q. Which of the following is a primary responsibility of the chief audit executive (CAE)?

A. Conducting internal audits

B. Reviewing and approving audit findings

C. Developing the annual audit plan

D. Reporting to the external auditors

Top Job Roles that need Internal Audit are:

Associate - Accounting or Auditing Firm

Audit Supervisor

Auditing Manager

Auditor

Chartered Accountant

Chief Internal Auditor

Compliance Manager

Compliance Officer

Compliance Specialist

Internal Audit Director

Internal Auditing Supervisor

Internal Auditing Manager

Internal Auditor

Risk Management Consultant

Risk Manager

Senior Auditor

Senior Internal Auditor

Senior Manager Auditor

Senior Risk Manager

Assistant Auditor

Senior Manager Accountant / Auditor

Quality Assurance (QA) / Quality Control (QC) Engineer

Quality Engineer

Metal Machining

Safety Officer

Safety Engineer

Quality Assurance Coordinator

Assistant Vice President (AVP)

Regional Director

Vice President (VP)

General Manager

Information Systems Auditor

Information Systems Audit Manager

Information Technology (IT) Auditor

Quality Assurance (QA) Engineer

ISO Lead Auditor

Project Manager

Manufacturing

Quality Assurance (QA) / Quality Control (QC) Inspector

Quality Manager

Integration Architect

Public Relations and Communications Manager

Senior Professional Service Consultant

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Top Related Skills to Internal Audit are:

accounting - india

bookkeeping

auditing

accounts receivable

tax compliance

accounting

financial modeling

accounts payable

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Frequently Asked Questions(FAQ)

The questions in the Internal Audit online test will be multiple choice and may cover topics such as Internal Audit Basics,Foundations of Internal Audit,Internal Audit Operations,Practice of Audit Operations

You can use the 23 hrs of learning content including 312 videos available on the EliteLearning platform to prepare for the Internal Audit online test.

Internal Audit test on the EliteLearning platform is an online proctored assessment and requires you to complete the test without any external help.

This test evaluates an individual's skills and knowledge of Internal Audit. It can also be useful for identifying areas that you need to improve upon, as well as for preparing for job interviews or certification exams in Internal Audit.

Yes, these tests can be used to demonstrate your knowledge and skills in Internal Audit for certification or job interviews. Job roles such as Associate - Accounting or Auditing Firm,Audit Supervisor,Auditing Manager,Auditor require Internal Audit as a primary skill set

Yes. You can take the Internal Audit online test for free as part of the EliteLearning free plan.