With the increasing emphasis on corporate governance initiatives and the release of recent ERM guides and pronouncements, there has never been a more critical time for auditors to expand their knowledge of risk management and assessment.

In this intensive four-day seminar you will learn the underlying concepts of a risk-based audit methodology. You will cover all aspects of risk assessment, including the fundamentals of risk-based auditing, defining risk in business terms, identifying key risk areas, evaluating global risk, and conducting a detailed risk analysis at the engagement level. You will explore a strategy for transitioning the department to a risk-based function as well as for re-educating management and the audit committee. Throughout the seminar you will work through risk drills that will allow you to put into practice what you have learned. You will leave this high-impact seminar with audit efficiencies and business insights that will maximize Audit’s contributions to the organization, and cast IA as a value-adding member of the team.

Prerequisite: Fundamentals of Internal Auditing or equivalent experience

Advance Preparation: None             Learning Level: Basic

 Delivery Method: Group-Live         Field: Auditing