Starting Strong: The Power of the IAP

Sep 9, 2025

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The Institute of Internal Auditors Presents: All Things Internal Audit

In this episode, Benito Ybarra sits down with Rick Walke to discuss the newly updated Internal Audit Practitioner™ (IAP™) designation. They explore its value as a permanent credential, its role as a stepping stone to the Certified Internal Auditor® (CIA®), and how it equips internal auditors with foundational knowledge. The conversation highlights the IAP’s global reach, employer credibility, and practical benefits for students, rotational auditors, and professionals at the start of their audit journey.

Visit the Certifications page on theiia.org for additional information.

HOST:Benito Ybarra, CIAExecutive Vice President, Global Standards, Guidance, and Certifications, The IIA

GUEST:

Rick Walke, CIA, QIAL, CRMA, CPAVice President, Internal Audit and Risk Management, FORUM Credit Union

Key Points

Introduction [00:00–00:00:38]
The 18-Month Development Process [00:01:23–00:01:49]
Making the IAP Permanent and a CIA Stepping Stone [00:01:49–00:02:36]
Clearing Up Confusion: IAP vs. CIA Part One [00:02:39–00:03:45]
Structured Learning for New Auditors [00:04:08–00:05:17]
Target Audiences [00:05:47–00:06:54]
Building Foundational Knowledge and Ethics [00:07:06–00:07:53]
Reliability and Employer Confidence [00:08:17–00:09:04]
CIA Exam Alignment and Credibility [00:09:04–00:09:29]
Studying the Syllabus: Key Sections [00:09:29–00:10:54]
Governance, Risk, and Fraud Concepts [00:11:08–00:12:18]
Portability of Knowledge Across Careers [00:12:18–00:13:25]
Making the Case to Employers for Support [00:13:26–00:14:07]
Employee Development and Organizational Strength [00:14:32–00:15:02]
Global Accessibility [00:15:59–00:16:20]
Worldwide Recognition and Value [00:16:20–00:17:07]
A Team Effort [00:17:13–00:17:39]
Closing Remarks [00:17:39–00:18:13]

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