JourneyApprenticeshipsInternal audit professional

Internal audit professional

Level 7 · Degree (Master’s)Legal, finance and accounting 3 yr typical
About this apprenticeship

What it involves

The Internal Audit Professional apprenticeship at Level 7 trains you to lead complex internal audit engagements that provide independent assurance to boards and audit committees on the effectiveness of governance, risk management, and internal controls across an organisation. You will plan and scope audits, manage audit teams, evaluate findings, and report at the highest organisational levels. It supports Chartered Institute of Internal Auditors (CIIA) Chartered membership and leads to Head of Internal Audit and Chief Audit Executive roles.

On the job

What you’ll learn

IIA International Professional Practices Framework (IPPF) standards
Advanced risk-based audit planning and universe management
Corporate governance, board effectiveness, and audit committee liaison
Complex control environment assessment and fraud risk evaluation
Leading and managing audit teams across multiple engagements
Reporting to board and audit committee level on significant findings
Data analytics and technology-enabled audit methodologies
On the job

What you’ll do day to day

Lead planning and scoping of complex, risk-based audit engagements
Manage and coach audit teams throughout the audit lifecycle
Evaluate governance, risk management, and control frameworks
Draft and review audit reports for board and audit committee audiences
Present key findings and recommendations to senior management
Follow up and validate management actions on audit recommendations
Contribute to the development of the annual internal audit plan
The deal

How this apprenticeship works

You earn a wage from day one. You are a paid employee, not a student. There are no tuition fees - the training is funded by your employer and the government.
About 20% is “off-the-job” training. Roughly a day a week is spent learning away from your normal duties - at a college, training provider, or online - working towards a recognised qualification.
It ends with an end-point assessment (EPA). Near the end, an independent assessor checks you can do the job to the national standard - through tests, a project, a portfolio or an interview. Pass it and you are fully qualified.
How to get there

What you need to start

Level 7 (Degree (Master’s)) - roughly Master’s-degree level. Usually needs a relevant degree or Level 6 qualification, or significant experience.
What’s next: Leads into senior and chartered professional roles.

Entry requirements are set by each employer and can vary - always check the specific vacancy.

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What it’s really like

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