Coursera has some outstanding audit classes. But that doesn’t make the others any less. Check out my top five suggestions.
Auditing is a crucial procedure that involves examining financial systems, records, and processes to ensure integrity, accuracy, and compliance with relevant standards and regulations.
Being a commerce graduate, audit courses online or in-person were a must for me. I have studied auditing extensively and understand its significance in maintaining trust and transparency in business operations.
Auditing is crucial in assessing the financial information’s reliability and identifying potential fraud or risks. It is a vital subject for anyone pursuing a career in business management, finance, or auditing to be well-versed in auditing techniques and principles.
Beyond studying the course books, I always like to expand my knowledge of the subject and know in detail about every subject.
So, today I wish to share some of the top online audit classes that have worked for me and a thousand other students. I am sure it will prove beneficial for anyone hoping to make a career in the domain.
Kinds of Auditing
There are many different types of auditing. These are as follows:
- Financial audit
- Internal audit
- External audit
- Compliance audit
- Operational audit
- Informational systems audit
We will focus on internal and financial audit courses here. Financial auditing refers to examining financial records and statements to ensure compliance and accuracy with accounting standards. On the contrary, Internal auditing evaluates risk management, internal controls, and operational efficiency within the organization.
Why Is Coursera Audit Course My Preferred Choice?
While I will discuss many courses below, one that stands out for me at number 1 is Coursera’s Auditing I: Conceptual Foundations of Auditing.
Some reasons I prefer this class over others are:
- It has a 4.7 out of 5 rating, indicating its positive reception amongst learners.
- You study with a reputed instructor from the University of Illinois, Mark E. Peecher, Ph.D., CPA. He brings extensive expertise in the field.
- It is also one of my top favorite courses, as its structure helps boost learning via 26 quizzes and eight assessments. It enables the learners to assess their understanding and receive valuable feedback from the instructor.
- Further, once you complete the class, you will earn a shareable certificate from the University of Illinois. It can validate your knowledge and open doors for employment opportunities.
Hence, with its easy-to-understand content and responsive instructor, this online audit training is an excellent choice for individuals seeking to expand their auditing skills and knowledge.
1. Auditing I: Conceptual Foundations of Auditing – Offered by University of Illinois at Urbana-Champaign – Coursera
Instructor: Mark E. Peecher
As stated, it is one of my top-favorite audit courses online that offers an intensive conceptual and applied introduction to auditing in society.
It focuses on applications and concepts related to financial statement auditors’ professional responsibilities and all the major aspects of the audit processes, including audit reporting and risk assessment.
You even earn a shareable certificate with it. It is a 100% online course. You learn at your schedule.
Excellent course! I learned a lot in relation to practical issues that are extremely important in modern day auditing. I recommend the course strongly for both academics and practitioners. Thank you.
2. Auditing II: The Practice of Auditing – Offered by University of Illinois at Urbana-Champaign – Coursera
Rating – 4.8
Instructor: Mark E. Peecher
This course is a continuation of the applied introduction and intensive concept to auditing in society begun in Auditing I: Conceptual Foundations of Auditing. This course focuses on a conceptual framework that audit professionals employ to assess, evaluate, and manage audit risks and evidence.
One of the prime reasons this course ranks high on our audit courses online list is that this course is a part of the 100% online Master of Business Administration (iMBA) from the University of Illinois at Urbana-Champaign.
So, the students admitted to the complete program will benefit more from this course. How? These count towards your degree learning. So, enroll right away!
Thank you Dr. Mark for this amazing, well tailored course of Audit practices. I really enjoyed it and got a lot of information in the audit procedures.
Rating – 4.2
Instructor – Rethabiseng Erica Mosinyi
It teaches you internal auditing and gives you the proficiency of auditing processes in just a week. The primary objective is to take you from the beginner level in Internal Auditing to your master’s in only seven days.
You will be learning with Rethabiseng Erica Mosinyi. He has long-standing experience as an Internal Auditor in different industries. Upon taking this class, you will be capable of auditing any process in any industry.
It can be a good pick for people already in the field of auditing. They can use these sessions as a reference guide. Further, if you are already preparing for your CIA (Certified Internal Auditor) exams, this is indeed one of the best options.
Very good match actually. My teacher who is teaching about auditing recommended us to do a course and write a report on it, and this was pretty good to cover.
4. Information Systems Auditing, Controls and Assurance – Offered by The Hong Kong University of Science and Technology – Coursera
Rating – 4.7
Instructor – Garvin Percy DIAS
It is included in my audit courses online list because, through this course, you will explore the risks of the information systems, learn the correct way to mitigate the risks by adhering to the Information system controls, and the proper techniques to perform an audit of the organizations.
Further, the course will also familiarize you with the IS Audit procedures and how they apply during the IS development throughout the Systems Development Life Cycle (SDLC).
Lastly, you will learn to observe how you can make the system changes more manageable using formal IS Management practices, such as Change Management Controls and Emergency Changes.
More so, the course has several conversations between Prof. Percy Dias, your course instructor, and the Information System Auditing Practitioner.
These conversations can be highly beneficial for you to get an idea of how Information System auditors perform their duties, the qualities to become IS auditors, and the IS auditing industry’s prospects.
Superb course, the instructor lecture and material is precise and concise. A worthwhile for any current and future IS auditor. Pity that I can only give 5 stars as the course deserve 10 stars rating!
As an internal auditor, you can get the advantage of the experience and help your business with continual improvement or even becoming certified. Internal auditors often work within the organization reviewing internal systems against external criteria such as ISO 9001, ISO 14001, or ISO 45001 or within their procedures.
Thus, this course is a good opportunity for you to comprehend the business as a whole. You will learn to continually strive to better the system from within, be it inside or outside the organization.
Some Free Online Audit Classes
Not every student is looking for a paid class. So, Alison is an excellent alternative if you need a free course. While free, they offer a certification.
Here are some free options from Alison:
- ISO 45001:2018 – Principles of Occupational Health and Safety Management SystemsISO 22000:2018 – Elements of Food Safety Management System (FSMS)
- ISO 9001:2015 Non-conformances and Corrective Actions Explained
- ISO 9001:2015 QMS Execution and Auditing Techniques
Want A Degree Program Instead?
You can also opt for a degree in online audit training. Here are my top recommendations for audit degree programs:
- Accounting, Taxation & Internal Audit [UCLA Extension]
- Auditing Specialist Certificate [LSU Online & Continuing Education]
- Internal Auditing Focusing In Operational Systems [Kelley School of Business]
Let Me Help You Choose The Right Course
When choosing from different courses, always prioritize your interests and goals. Further, jot down your desired outcomes and see if the class matches them.
You can read through the reviews, course descriptions, and ratings to gather insights into the course quality and instructor’s background. In addition, the duration, prerequisites, and course format also play a role in the selection process.
Do not ignore the inclusion of assessments, learning resources, and support available. Finally, consider your preferred learning style and ensure the course delivery method suits you. Considering these factors, you can decide better and select the best course to meet your learning objectives.
Why Trust My Recommendations?
I took these courses, evaluated them on multiple parameters, and then presented this unbiased list of online audit classes. So, I you can trust my selection.
FAQs and Doubts About Audit Courses
A. What qualifications do you need to be an auditor?
Specific qualifications to become an auditor may vary depending on the industry and country. A relevant bachelor’s degree in accounting, finance, or a related field is beneficial. Further, professional certifications, such as Certified Internal Auditor (CIA) or Certified Public Accountant (CPA), can enhance job prospects.
B. Can you do auditing without a degree?
While having a degree is commonly preferred, you can pursue a career in auditing sans a degree. Some organizations may demand equivalent work experience or professional audit courses online with certifications as an alternative qualification for auditing roles. But specific requirements may vary with jurisdiction and employer.
C. What is the difference between an accountant and an auditor?
Accountants handle the recording, organizing, and analyzing of financial information. They cater to bookkeeping, preparing financial statements, and tax planning.
On the contrary, auditors with examine financial records, systems, and processes to ensure accuracy and compliance, and identify potential risks or areas for improvement. Typically auditors work independently or in an auditing firm for objective assessment of the organization’s financial practices.