Internal Audit School: Auditing Purchasing and Contracts

Length: 2h 14mOn DemandAdvanced3.5 CPE Hours

Course Overview

This course covers the techniques essential for auditing the purchasing and contracts processes at organizations. The focus is on the objectives, risks, controls, and audit procedures relevant to these processes, and the unique conditions most auditors will encounter. Topics covered include contracting, contract management, vendor viability and competence, vendor list maintenance, the bidding process and project management. Who Should Attend Internal and external auditors, risk and compliance professionals, and IT auditors who require a comprehensive approach to operational audits of core business functions. CPE: 3.5

Prerequisites

None

Advanced Preparation

None

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Effortless CPE Compliance: Fulfill annual requirements with flexible courses, saving time and avoiding last-minute rushes – users often complete 20-40 CPEs per year effortlessly.
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Cost Savings: At $1,600/year, get premium, ISO 27001-certified training that's more affordable and convenient than in-person seminars or conferences.

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Core Content: 200+ courses totaling 900+ hours, including Internal Audit Fundamentals (23–32 CPEs), IT audit and cybersecurity, risk and fraud, leadership and ethics, and other specialized topics.

CPE Details: Earn 2-40 CPE credits per eligible course; Automatically earn and track NASBA-approved credits upon completion, with certificates for your records.

Expert Instructors: Learn from seasoned audit leaders with real-world experience in compliance, risk assessment, and IT security.

Modular and Flexible: Self-paced modules with integrated assessments, user dashboard for progressing tracking, and mobile compatibility for learning on your schedule.

ACI Learning is registered with NASBA

ACI Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

Attendance policy for on-demand, self-paced training

Students enrolled in on-demand, self-paced courses are expected to take an active role in their learning by progressing through the course materials in a timely and consistent manner. Because these courses are self-directed, full completion of all modules, videos, labs, and assessments with a passing score of 70 are required to receive credit and any applicable CPEs. Learners are encouraged to set a regular study schedule to stay on track and maximize comprehension. CPE credits will be awarded based on the total course hours and verified completion of all required activities.