Top Careers in Internal Auditing After a Postgraduate Diploma

Internal audit is a key multidimensional discipline that spans all sectors and has evolved as a key position in organisations.

Internal auditing is in high demand in international organisations and South African businesses. It is vital because it is a function that keeps organisations ethically sound and accountable.

There are rewarding opportunities when it comes to careers in internal auditing.Programmes like a Postgraduate Diploma in Internal Auditing can help develop the necessary skills to make the most of these opportunities. 

This article will inform you about the career path in this field and other related details.

A Brief Overview of Internal Auditing

Internal auditing helps an enterprise achieve its goals by implementing a disciplined, systematic approach to evaluate and enhance the effectiveness of risk management, control processes and governance. It adds value and improves the operations of an organisation.

Internal auditing assures that the control processes of a company are sufficient for risk mitigation. It also provides assurance that the governance processes are efficient and effective.

It strengthens a company’s ability to protect, sustain and create value by offering the management objective, independent, risk-based advice, assurance, foresight and insight.

Read about NQF Levels in Accounting & Auditing | A Guide for SA Students

Career Opportunities in Internal Auditing

Internal audit is performed by individuals with an in-depth understanding of the systems, processes, and business culture. The internal audit career pathhas a host of career opportunities for those who specialise in this field. Having an idea of the different job roles one can take up in this field would help set targets.

Given below are some of the top internal audit jobsthat you can take up:

1. Compliance Auditor

A compliance or governance auditor helps companies prosper in a manner that adheres to the principles and rules set by governments and regulatory bodies. This greatly impacts an organisation, especially in protecting its reputation and brand image. These auditors can be commonly found in accountancy practices, legal firms and financial services organisations.

2. Internal Auditor

These auditors act as the right hand of an organisation’s Board of Directors through the Audit Committee. They often have inputs into market analysis, compliance, strategic planning, information technology use and change management.

3. Internal Audit Manager

These are senior professionals who oversee an organisation’s internal audit activities. Their job role primarily involved evaluating the effectiveness of risk management practices, governance processes and internal controls. They work to ensure that the enterprise operates efficiently, mitigates risks effectively and complies with regulations. This is one of the top careers in internal auditing.

4. Internal Audit Supervisor

An internal audit supervisor performs objective, systematic analysis, evaluation, and verification of assigned audit areas. This role involves supporting data, reports, and recommendations for management review and preparing audit working papers. These supervisors control framework improvements and offer consulting support to departments on risk management. They also ensure that identified risks are addressed adequately by participating in the organisational risk management process.

Also read: What is Auditing in Accounting? Exploring Its Types and Benefits for Businesses.

Choose Regenesys to Study a Postgraduate Diploma in Internal Auditing 

If you are looking for a reputable institution in South Africa to pursue a programme specialising in internal auditing, consider Regenesys. It offers a 1-year Postgraduate Diploma in Internal Auditing programme. 

This programme is ideal for accounting and finance professionals looking for an internal auditing specialisation. It helps develop ethical and technical skills to strengthen governance, ensure compliance and drive organisational integrity. It further lays the foundation for preparing for the Certified Internal Auditor (CIA) examinations.

This is an NQF Level 8 qualification, and students earn 125 credit points through it. It is available in the contact, online, and distance study modes.

Some of the modules that you will be covering in this programme are:

• Information Systems Auditing
• Internal Audit Services 
• Forensic Accounting
• Performance Auditing
• Risk Management 

Here are more reasons to consider Regenesys as your study partner:

• CHE Accreditation
• Registered by SAQA
• Registered with the Department of Higher Education & Training
• 100+ Faculty from across the globe
• 500,000+ Alumni
• State-of-the-art Campus in Sandton

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Conclusion

Internal audit is a rapidly growing profession in South Africa. Regarding careers in internal auditing, there are ample growth opportunities available. Earning potential is also high, with competitive salaries offered to skilled individuals.

Moreover, the work involved helps shape the manner in which enterprises serve their people, the world and their mission.

The Postgraduate Diploma in Internal Auditing programme at Regenesys Education can equip you with the skills to stand out from the competition. 

Visit the website and check the programme requirements today.

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