MASTERCLASS: Risk Based Internal Auditing Course

MASTERCLASS: 

RISK BASED INTERNAL AUDITING

Risk based Internal Audit (RBIA) is an internal methodology which is primarily focused on the inherent risk involved in the activities or system and provide assurance that risk is being managed by the management within the defined risk appetite level. It is the risk management framework of the management and seeks at every stage to reinforce the responsibility of management and BOD (Board of Directors) for managing risk.

This course provides the delegates with the knowledge to develop an audit universe and risk-based internal audit plan. During this course, you will participate in interactive activities and real-life scenarios. Be ready to walk away with concepts and tools to develop a value-added, risk-based audit plan for your organization.

Who should attend?

This course is designed for internal audit practitioners and audit managers who want to build

on their knowledge and increase their value to the organization by developing effective risk-based audit plans that address emerging risks.

Course Structure:

Module 1: Introduction to Internal Audit

Module 2: Next Generation Internal Audit 

Module 3: Enterprise Risk Management (ERM) 

Module 4: The impact of ERM on internal audit function 

Module 5: What is Risk-Based audit? 

Module 6: Practical steps from transiting from traditional approach to risk-based audit

Module 7: Develop risk-based internal audit plan 

Module 8: Business process and system risk assessment 

Module 9: Develop risk model and universe 

Module 10: Develop audit programs 

Module 11: Gathering Audit Evidence 

Module 12: Documenting Internal Audit Work papers

Module 13: Audit sampling

Module 14: Report writing

Course Information:

Course fee:      N360,000.00

Venue:             IBIS Ikeja Hotel, 23 Toyin Street, Ikeja

                        Lagos, Nigeria.

Date:                11-13 March 2020