Professional Services: CCP for Internal Auditors
Reskill your competencies to take on new jobs
Accurate as of 13 Apr 2022
What is it?

The Career Conversion Programme (CCP) for Internal Auditors is a programme by Workforce Singapore (WSG), in collaboration with the Institute of Internal Auditors Singapore (IIA) and Singapore Accountancy Commission (SAC).

Overview of Programme

The six-month CCP programme aims to convert mid-career individuals into Internal Audit roles.

IIA is the appointed programme manager for the CCP. CCP trainees will undergo facilitated training and On-the-Job-Training (OJT). The facilitated training programme is as follows:

Modules

Training Duration

(incl assessment)
Tools and Techniques I: New Internal Auditor   3 days
Client & Business Environment   1 day
Audit Report Writing   2 days
Interviewing Skills for auditors   1 day
Introduction to Data Analytics   1 day
Critical Thinking in Internal Audit   1 day
Fundamentals of Risk-based Auditing   2 days
Technology Audit Foundation   4 days

Who can apply?

Individuals

The Programme is open to all company-sponsored applicants who meet the following General Eligibility Criteria:

  • Be a Singapore Citizen (SC) or Permanent Resident (PR) aged 21 years and above;
  • Must be a newly hired individual for not more than three months, and nominated by an eligible company for the CCP;
  • New hires must have graduated or completed NS, whichever is later, for at least two years prior at the point of application;
  • Must not be in a similar job role prior to joining the CCP;
  • Must not be a shareholder of the participating company, or its related companies;
  • Must not be related to the owner(s) of the participating company; and
  • Must not be immediate ex-staff of participating company or its related companies.

 

Employers

  • Registered or incorporated in Singapore with a valid Unique Entity Number (UEN) with Accounting and Corporate Regulatory Authority (ACRA);
  • Offer a full-time PMET position directly related to internal audit job function with at least a 12-month employment contract;
  • Ensure that new hires are not:
    • A shareholder of the CCP company, or its related companies;
    • Related to the owner(s) of the company; and
    • Immediate ex-staff of the company or its related companies.
  • Must put in place structured on-the-job training for the candidate; and
  • Commit to CCP training arrangements for the trainees

 


How does it work?

Selected applicants will undergo screening, interview and shortlisting process as determined by the hiring employer. Individuals who are shortlisted by hiring employers for interviews will hear from them directly. 

Employers must commit to working with WSG and the appointed programme manager on necessary administrative matters related to the CCP.

Funding support

S/N

WSG’s Funding to Employers

Standard Rate

Enhanced Rate

1.

Course Fee Grant:

Up to 70% course fee funding

Not Applicable

2.

Salary Support

 

Up to 70% of monthly salary for CCP training duration (capped at $4,000 per month)

Up to 90% of monthly salary for CCP training duration (capped at $6,000 per month)

For SC trainees who are unemployed and actively seeking employment for six months or more, and/or SC trainees aged 40 years and above in the year of commencement of the CCP.

Contact Details

The Institute of Internal Auditors Singapore

Email: ccp@iia.org.sg 

PCP