This module establishes the core foundations of the program and equips students with the technical knowledge required to understand and operate within the Three Lines model, as well as the fundamentals of governance, risk, and assurance. It also introduces the principles of risk-based internal auditing in alignment with the International Professional Practices Framework (IPPF).

Upon completion of all microcredentials, students develop a solid grounding in the essential principles, frameworks, and practices that underpin effective internal auditing. They gain a clear understanding of the Three Lines model, governance structures, risk management concepts, and assurance fundamentals. Learners also build the capability to apply risk-based internal audit principles consistent with the International Professional Practices Framework (IPPF), equipping them to contribute confidently and professionally to internal audit activities within contemporary organisational environments.