It's never too early to think about your progression possibilities after a Level 4 Internal Audit Apprenticeship. Throughout your apprenticeship, you'll be developing skills which will help you with whatever direction your career takes. There will be conversations with your employer about potential next moves, and you might like to find out yourself about further study opportunities and types of roles in the sector.
Internal audit professional (level 7)
The level 7 apprenticeship is for highly competent internal auditors and includes the full CIA certification. It leads directly to Chartered membership of the institute (CMIIA).
Internal Audit Professional Apprenticeship - MSC
The Internal Audit Professional Apprenticeship provides a suitable development framework for those who are either in or looking to move to a managerial position.
Schedules and plans audits; initiates project planning, assess risk and develops audit direction. Performs preliminary planning and establishes direction for audits, provides leadership to assigned auditors, manage project to quality outcomes, while meeting established time budget.
performing tests and analyse to evaluate the effectiveness of controls (i.e. do the controls protect the organisation against potential risks, as identified by the organisation, management or internal control functions) identifying vulnerabilities and exposures.
An Internal Auditor's job is to ensure that all the business processes in a company are risk-management compliant. The operating process includes assessing certain areas for compliance with relevant laws and evaluating how effective this department has been at implementing its controls into practices.
You'll work within businesses and organisations to monitor and evaluate how well risks are being managed, how business is running and if internal processes are working. Auditing also includes a consulting service, advising management on how to improve their systems and processes.
Some people move into volunteering roles to make the most of their skill set and give back to society
Career insight talks
What next after your Level 4 Internal Audit apprenticeship?
Hear from an apprentice who has completed the L4 internal audit apprenticeship and is now doing a L7 apprenticeship and working in internal audit. Billy will speak about his career journey, his reasons for doing Level 7 Internal Audit and what new skills Billy has developed.