Any student seeking an accounting degree, undergraduate
or graduate, may participate in the Internal Auditing Program (IAP).
The
IAP enables students to attain specialized skills and professional
competency
in a vitally important area of accounting and business practice.
For students planning to pursue internal auditing careers, the IAP will
help prepare them for their professional responsibilities as internal
auditors
and for taking the Certified Internal Auditor (CIA) Exam. For students
not planning to become internal auditors, the knowledge and skills
acquired
from participating in the IAP are beneficial to other accounting career
paths, including public accounting, industry, and not-for-profit.
Immediately
following graduation, students may be considered for internal auditing
positions with both not-for-profit organizations (such as the Texas
State
Auditor's Office, State Comptroller of Public Accounts, Texas A&M
University
System Audit Department, and City of Austin) and major business firms
(such
as Haliburton Company, NationsBank Corporation, Texas Instruments,
Lyondell-Citgo
Refining Company, Mary Kay Cosmetics, and Sherwin-Williams
Company).
Further, many graduates that begin in other fields of accounting work,
such as public accounting, later switch to the internal auditing field.
The IAP is designed so that students must complete three specific
courses
that present internal auditing topics: auditing, internal auditing, and
accounting and financial information systems:
Accounting 407:
Auditing. This is the basic auditing course which introduces
students
to financial auditing both in the context of external and internal
auditing.
This course is currently being taught each semester.
Accounting 408:
Internal Auditing. This course includes reading and evaluation of
current theory and procedures used by internal auditors; selected case
studies; and statistical methods of forming auditing judgment.
This
course is offered each semester. (Example
syllabus - subject to change).
Accounting 427:
Accounting and Financial Information Systems. This course
includes
overall data flow systems emphasizing financial data and computerized
systems;
flow and logic concepts; and developing meaningful control concepts and
data reporting techniques. This course is offered each semester.
As communication skills are critically important to internal
auditors,
students are encouraged, but not required, to take one or more speech
communication
courses as part of the IAP. By using their general electives,
they
can take these courses without extending the time to complete their
degree
program. Grade point requirements are as follows: minimum GPA of 3.00
overall
and a minimum GPA of 3.00 in the three specified courses:
Accounting
407, 408, and 427. Students who successfully complete the IAP may apply
for a Certificate of Specialization in Internal Auditing. The
application
form is provided on the link below:
Links:
Application for
the Certificate of Specialization in Internal Auditing
Application for
Internal Auditing Internship
Current Events
Regarding the Internal Auditing Program, Visits by Recruiters, Etc.
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