The current trend in Internal Audit – Risk Based Internal Audit (RBIA) requires that Internal Auditors (IA) are strategically and operationally linked to the business risk and assurance framework.
This requires that auditors understand the risk profile of their organizations and be able to prioritize and allocate resources to the most risk prone processes within the instruction.
The days of pre-audits are long gone and the auditor is now more focused on adding value to the governance system in organizations through efficient and effective risk profiling of the institutions operations and making sure that audit resources have been geared towards strengthening internal controls and minimizing possible losses through systematic evaluation, monitoring and consulting services to help achieve organizational objectives and goals.
This three-day workshop will help you teach participants how to:
I. Why Risk-Based Internal Auditing:
II. The latest risk focused initiatives:
III. Enterprise Risk Management (ERM) and Internal Auditing
IV. Key Attributes of RBIA
V. Evaluating IA’s readiness to Adopt a Risk based approach
VI. Redefining the Audit process for a RBIA function
Discuss your training needs with our training consultants
Call us on:
Leave your details and we will get in touch