The course provides a deeper understanding of how internal auditing, active risk management and good internal control may contribute to effective corporate governance, particularly in the interaction between the board and the administration and their tasks and responsibilities. Public auditing and internal auditing in the public sector will also be studied from the same perspective, as well as the purpose of public auditing, which is different from financial auditing of annual accounts.

Course content

  • Corporate governance – understanding the enterprise’s strategies and objectives 
  • Risk management – what impedes fulfilment of the enterprise’s strategies?
  • Internal governance and control
  • Assurance services – verification
  • Internal auditing and auditing in the public sector – methodology and the auditing process
  • Quality assurance, standards and control concepts
  • Relations and collaboration with other auditing functions
  • Analyse the impact of information technology in a digitized world and employ it in the audit including data analytics
  • Communication with board and management – reporting
  • The auditor’s consulting role
  • Organising and management of the auditing function
  • Standards and professional ethics


This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.