Successful learners will be able to apply and advise, using sound principles, on all aspects of internal control and internal control evaluation while assessing risk. They will also be capable of linking the role internal control systems to risk management in a municipality. Additionally, the skills acquired will assist learners to

• Contribute to the oversight role of councillors and risk management in a municipality.
• Contribute to unbundling of audit reports prepared by auditing professionals.

• Communication at Level 4
• Mathematical Literacy at Level 4
• Economics at Level 4
• Accounting at level 4.

CFOs, Auditors, control managers, everyone with an oversight role, planning and audit committee members.

• Develop and implement an internal control policy for a South African municipality as required by the local government legislative framework and principles of good government.
• Develop and identify critical areas of internal control within a municipal government environment
• Identify and establish internal control procedures that are in accordance with relevant municipal legislation and principles of good governance
• Identify and implement the procedures that should be applied to study and review internal controls
• Demonstrate an understanding of the nature of audit and appraise the fundamental principles and standards that are used to govern its practice
• Describe and evaluate the scope of both internal and external audit work and audit's relationship to management
• Contrast the increased importance of performance auditing with the stewardship auditing in the local government.
• Identify various steps in the audit process for achieving value for money
• Identify and appraise audit's unique role in promoting corporate governance, accountability and internal control.
• Identify and describe stages in performing an audit through to the reporting of findings