The Institute of internal Auditors Philippines, Inc.

The Institute of Internal Auditors (IIA) Philippines is a professional organization dedicated to the advancement of the internal audit profession in the country. Our members, who work in internal auditing, risk management, governance, internal control, information technology audit, education and security, came from various industry or sectors in the Philippines and belong to a global network of almost 200,000+ professionals from more than 170 countries and territories sharing a common vision of a global profession of internal auditing.

The Institute of Internal Auditors Philippines Inc. (IIAP) was registered with SEC in 1982 and formerly known as The Institute of Internal Auditors, Inc. – Manila Chapter. It was founded on August 14, 1948 by Mr. Santiago F. Dela Cruz Sr. along with a small group of accountants actively engaged in the profession. Mr. Dela Cruz, who is considered to be the moving spirit of the association, is the same man who, two years earlier than IIAP, co-established the Philippine College of Commerce and Business Administration (PCCBA) which we now know as the University of the East.

The IIAP despite some struggles during its formative years was able to attain full-fledged stature as a professional association upon earning its “Institute” status from The Institute of Internal Auditors (IIA Global) in 1990. At the time, IIAP is 1 of the 6 (six) chapters in the Pacific Region (others were in Bombay, Tokyo, Sydney, Melbourne and Ceylon). On its 75th Anniversary Celebration and Global Business Meeting last 16-17 July 2016 at New York Hilton Midtown, the IIAP was acknowledged as the 3rd Chapter organized by the IIA Global since the latter’s founding in 1941 still then headquartered in New York City, USA

Contact us

Event Details

Focus and Features

Internal auditor uses critical-event analysis in pursuing causal event in the observations especially on significant or high residual risks. This course provides concepts and methods of applying critical-event analysis in internal audit engagements.


At the end of the 3-hour session, participants will learn to:

  • Learn the concepts and methods of testing controls in business processes.
  • Learn how to identify and measure critical-events.
  • Learn how to apply practical tools in identifying and analyzing critical-events in internal audit process reviews.

What You Will Learn

  • Introduction
  • Critical-Event Analysis (CEA) Defined
  • Benefits of CEA
  • Applications of CEA
  • Internal Audit's Advantage in Conducting CEA
  • Considerations for Using CEA
  • Potential Barriers
  • Possible Causal Events
  • Helpful Excerpts
  • Basic Steps in CEA
  • The Audit Model
  • Consideration of Internal Controls
  • The COSO Internal Control Framework
  • The 5C's of Internal Audit Reporting (Elements of Audit Issues)
  • 5 Why Analysis
  • Fishbone

Number of CPE Units : 3

Sponsors and Partners