MASTERCLASS: Risk Based Internal Auditing Course
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.
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 fee: N360,000.00
Venue: IBIS Ikeja Hotel, 23 Toyin Street, Ikeja
Date: 11-13 March 2020