Advanced Risk - based Auditing

Quality & Productivity

Course Info

Duration: 1 Week

Type: In Classroom

Available Dates

Venue

  • Nov-07-2021

    Dubai

  • Nov-08-2021

    Kuala Lumpur

  • Nov-08-2021

    London

  • Nov-15-2021

    Istanbul

  • Nov-21-2021

    Dubai

  • Nov-22-2021

    Paris

  • Nov-22-2021

    London

  • Nov-22-2021

    Geneva

  • Nov-22-2021

    Amsterdam

  • Nov-22-2021

    Berlin

  • Nov-29-2021

    Madrid

  • Dec-05-2021

    Dubai

  • Dec-06-2021

    Kuala Lumpur

  • Dec-06-2021

    London

  • Dec-13-2021

    Istanbul

  • Dec-19-2021

    Dubai

  • Dec-20-2021

    Paris

  • Dec-20-2021

    London

  • Dec-20-2021

    Geneva

  • Dec-20-2021

    Amsterdam

  • Dec-20-2021

    Berlin

  • Dec-27-2021

    Madrid

  • Jan-03-2022

    Kuala Lumpur

  • Jan-03-2022

    London

  • Jan-09-2022

    Dubai

  • Jan-10-2022

    Istanbul

  • Jan-17-2022

    Paris

  • Jan-17-2022

    Geneva

  • Jan-17-2022

    Amsterdam

  • Jan-17-2022

    Berlin

  • Jan-24-2022

    Madrid

  • Feb-07-2022

    Kuala Lumpur

  • Feb-07-2022

    London

  • Feb-13-2022

    Dubai

  • Feb-14-2022

    Istanbul

  • Feb-21-2022

    Paris

  • Feb-21-2022

    Geneva

  • Feb-21-2022

    Amsterdam

  • Feb-21-2022

    Berlin

  • Feb-28-2022

    Madrid

  • Mar-07-2022

    Kuala Lumpur

  • Mar-07-2022

    London

  • Mar-13-2022

    Dubai

  • Mar-14-2022

    Istanbul

  • Mar-21-2022

    Paris

  • Mar-21-2022

    Geneva

  • Mar-21-2022

    Amsterdam

  • Mar-21-2022

    Berlin

  • Mar-28-2022

    Madrid

  • Apr-04-2022

    Kuala Lumpur

  • Apr-04-2022

    London

  • Apr-10-2022

    Dubai

  • Apr-11-2022

    Istanbul

  • Apr-18-2022

    Paris

  • Apr-18-2022

    Geneva

  • Apr-18-2022

    Amsterdam

  • Apr-18-2022

    Berlin

  • Apr-25-2022

    Madrid

  • May-02-2022

    London

  • May-08-2022

    Dubai

  • June-12-2022

    Dubai

  • June-13-2022

    London

  • July-10-2022

    Dubai

  • July-11-2022

    London

  • Aug-14-2022

    Dubai

  • Aug-15-2022

    London

  • Sep-11-2022

    Dubai

  • Sep-12-2022

    London

Course Details

Course Outline

5 days course

 

Risk Management Principles and Concepts

 

  • Risk definitions
  • Risk management definitions
  • Major control and risk frameworks
  • Risk management assessment criteria

 

Corporate Governance Risk

 

  • Overview, definition, and standards
  • Relationship between governance, risk and control
  • Governance breakdowns
  • Corporate governance principles
  • Governance principles and COSO frameworks
  • Audit activities and approach

 

Strategic Risk

 

  • Strategy overview
  • Definition of strategic risk
  • Internal audit’s consideration of strategic risk
  • Strategy related audit
  • Strategy risk audits
  • Strategy process audits

 

Fraud Risk Assessment

 

  • Definition and principles
  • Standards and guidelines
  • Anti-fraud program
  • Role of internal audit
  • Internal audit approach
  • Types of fraud
  • The fraud triangle

 

Information Technology Risk

 

  • The IT risk landscape
  • IT risk assessment frameworks
  • Internal audit considerations
  • Internal audit focus o Cybersecurity o Information security o Governance


 

 

Auditing the ERM Process

 

  • Enterprise risk management audits: Internal audit considerations
  • Assessing enterprise risk management
  • Maturity assessment approach
  • Comprehensive assessment approach

 

Developing the Risk-based Audit Plan

 

  • Auditable universe: General attributes
  • Audit universe risk assessment: Examples
  • Assessment criteria: Sophistication factors
  • Risk identification  Risk measurement
  • Risk prioritization