The GradCertIA is in Teach-out and Not Accepting New Applications

On 15 May 2025, the IIA-Australia Board decided to cease taking new applications for enrolment in the GradCertIA and to enter into teach-out mode for those currently registered in the program. 
 
This decision has been made as part of IIA-Australia’s new Learning Pathways Strategy that responds to the identified need for a profession-aligned series of learning programs to support the diverse range of career outcomes of the modern governance, risk and assurance professional, including readiness for global certification. Under the Strategy, IIA-Australia will develop a new Professional Certificate, building on the GradCertIA and in consultation with industry leaders. 
 
By shifting away from an Award based learning program to a profession endorsed certificate based on micro-credentials, IIA-Australia can redirect regulatory spent towards innovation and strategic capability development.  
 
As a result of this decision, the GradCertIA is no longer available to new students and is in teach-out mode for existing students. Entering into teach-out is in line with the requirements of the Tertiary Education Quality and Standards Agency (TEQSA). A teach out is a structured process that allows currently enrolled students to complete their course of study after a program has been formally discontinued and closed to new enrolments. 

Teach-out Period - Timetable for Students

Here is the timeline for notifications and actions under the Teach Out plan

Teach-out Period - Student Support

To better understand the process and opportunities, please see the FAQs. 
 
For counselling and wellbeing services see the Student Support and Wellbeing Policy or contact the Registrar, Lynette Mason (Mon to Thu) 
 
For academic support or assistance, please contact Tara Twiddy (Mon, Thu and Fri). 
 
If you have any questions or concerns about the teach out process or your progression, please don’t hesitate to reach out to the transition-lead Amanda Shepherd (Mon-Thu).  
 
You can also get in touch by phone - +61 2 9267 9155. 
We look forward to helping you in your governance, risk and assurance learning journey. 

Module Outlines

Each of the four modules runs over a 14-week semester, with 144 hours of total learning, including private study, interactive activities, and assessments. Module 1 is a prerequisite, and Modules 1–3 must be completed (or recognised via RPL) before commencing Module 4. The final two weeks focus on major assessment tasks.

Click here to review the learning outcomes for each module of the GradCertIA.

Risk Based Auditing (RBA)

This module equips students with the technical skills and knowledge to undertake a risk-based internal audit according to internationally accepted professional standards. The International Professional Practices Framework and the incorporated Code of Ethics are used to guide students as they evaluate their current practice and improve the quality of their audit work.

This module covers: 

  • The International Professional Practices Framework (IPPF)
  • Governance, risk management and control
  • Planning and performing the engagement
  • Communicating results and monitoring progress
  • Quality and control
  • Managing internal audit activity engagements

Legal and Regulatory Environment (LRE)

This module develops knowledge and understanding of legal, regulatory and economic environments in which Australian organisations operate and make decisions. The risk of fraud and ethical issues is also covered.

The legal, regulatory and trading (economic) environment is complex and can include traversing trade legislation and regulations, labour laws, copyright, privacy and cyber laws, civil and penal laws, taxation schemes, contract law as well as the nature and laws of legal evidence.

This module covers: 

  • Ethics, ethical organisations and evaluating ethics
  • Legal and Regulatory Environment, including governance, the mandate for Internal Audit’s role, compliance mapping and assurance mapping
  • Fraud risk, prevention and investigation
  • Economic Environment, including the role of Government, macroeconomic issues and implications for Internal Audit

Organisations Systems and Processes (OSP)

Covering key knowledge areas of the internal auditor competency framework, this module builds students’ knowledge and understanding of the systems and processes used to manage an effective business.

The principles of the key financial statements and how they relate to each other are covered. Numbers tell a story and internal audit uses trend and ratio analysis as a starting point for investigation.

The module will examine Information and Communications Technology (ICT) within organisations. It will consider the role of ICT and associated governance, risk management, control and audit processes.

This module covers:

  • Financial reporting and management accounting
  • Analysis and interpretation of financial statements
  • ICT Governance, ICT organisations and the role of the internal auditor
  • Auditing ICT projects
  • ICT Risks and the ICT Audit process
  • ICT General Controls and Application Controls
  • Cyber Security
  • Data Analytics
  • Business continuity management

Professional in Practice (PIP)

Professional in Practice is the capstone module of the Graduate Certificate in Internal Auditing. As such, it aims to provide opportunities for students to demonstrate the application of knowledge and skills to make high level, independent judgements in planning, conducting and evaluating an internal audit in accordance with the IPPF.

Drawing on the three previous modules, this module will focus on the non-technical skills that will enable students to lead and effect change, and to communicate and influence all levels of the organisation. Students have the opportunity to consolidate their knowledge and hone their problem-solving skills, preparing them to deliver high-quality internal audit services and manage a value-adding internal audit program.

This module covers:

  • Influence and communication
  • Leadership and teamwork
  • Conflict resolution and negotiation
  • Change management
  • Culture and risk management
  • Digital governance
  • Capstone case studies