Certificate in the Professional Practice of Internal Auditing

General Information

(This program is currently under review for discontinuance.)

The Sarbanes-Oxley Act of 2002 and its enhanced requirement that all publicly held companies maintain adequate internal control structures has benefitted the profession of internal auditing. The internal auditor is the in-house consultant in strengthening a company's internal controls. Internal auditors, through their international organization, the Institute of Internal Auditors (IIA), sought to strengthen their professionalism. One of the manners in which this was done was to establish a certification program and require continuing education to maintain the certification.

The Certificate in the Professional Practice of Internal Auditing program targets those individuals who work or have an interest in the field of internal auditing. Students in this program will find that it will assist them in becoming a Certified Internal Auditor, a professional designation given by the Institute of Internal Auditors. The program is offered through Open University in conjunction with the Department of Accounting and reflects what the Institute of Internal Auditors regards as the common body of knowledge for internal auditors. (To learn more about Open University and how it is offered in the College of Extended Learning, please go to http://www.cel.sfsu.edu/auditing)

This certificate program has been officially endorsed by the San Francisco Chapter of the Institute of Internal Auditors.

Program Description

In order to be accepted to the Certificate in the Professional Practice of Internal Auditing, a candidate must have completed at least 56 units of undergraduate course work with a minimum 2.0 (C) grade point average. Exceptions may be permitted upon presentation of special justification to the Dean of Undergraduate Education and Academic Planning.

The courses are graded on an A-F basis. A minimum grade of C– must be maintained in all course work as well as an overall C average. Before completing the program, all candidates must demonstrate the appropriate level of writing competency as prescribed by the program.

The Certificate in the Professional Practice of Internal Auditing includes 15 units of undergraduate, upper division course work as follows.

Professional Practice of Internal Auditing Certificate — 15 units

Required Courses

FIN 303Accounting for Financial Analysis3
FIN 350Business Finance3
MGMT 405Introduction to Management and Organizational Behavior3
ACCT 507Information Systems Auditing3
ACCT 551Principles of Internal Auditing3

Depending upon the candidate's formal education and business experience, the following represent additional courses that could be required as prerequisites to the above curriculum.

DS 110Calculus with Business Applications3
ACCT 100Introduction to Financial Accounting3
ACCT 101Introduction to Managerial Accounting3
DS 212Business Statistics I3
ISYS 263Introduction to Information Systems3
ECON 305Economic Analysis for Non-Majors3
ACCT 307Accounting Information Systems3

Because of the possible prerequisite requirements as described above, a determination of the total curriculum by the certificate advisor must be made before a candidate is accepted into the program.