Course description
Certified Risk-Based Auditor
Risk based internal auditing is about identifying the key objectives of an organization and selecting the tops risks threatening the attainment of those objectives. This course enables participants to effectively identify the top objectives and risks in their organizations to provide input on developing a risk based internal audit plan. We discuss risk management basics on how to identify, assess, evaluate, mitigate and monitor risks; to aid in understanding risk management principles necessary to perform risk based audits. Differences between traditional internal auditing and how to audit using a risk-based approach are discussed.
Through lectures and practical group interaction, discussions, and exercises, participants will develop the skills necessary to effectively plan and perform risk based internal auditing at their organization.
Who should attend?
This programme is best suited for the following delegates:
- Internal auditors
- Internal audit seniors
- Internal audit managers
- Internal audit directors
- Chief Audit Executives
- Risk management professionals
- Risk managers
Training content
-
Day 1
- The “Big Picture” of business
- Understanding performance, risk and compliance inrelation to internal audits
- Definition of internal auditing
- Types of internal audits
- Internal audit professional standards
- The evolving role of internal audit
- The future of internal audit
- Audit universe approaches
- The use of frameworks
-
The Risk-Based Internal Audit Framework
-
Day 2
- Understanding external and internal context
- Understanding and assessing culture
- Understanding stakeholders
- Understanding objectives and strategies
- The nature of risk
- Identifying opportunities, threats and requirements
- Identification methods
- Inherent and residual risk
- Risk analysis criteria and decision-making guidelines
- Risk appetite
- Risk tolerance
- Risk capacity
- Assessing reward, risk and compliance
- How to measure risk
- Responding to risks:(Terminate, Tolerate, Treat, or Transfer)
-
Internal controls
-
DAY 3
- Risk standards: (ISO 31000, COSO Enterprise Risk Management, OCEG GRC Capability Framework)
- Risk language issues and risk models
- The role of internal audit in risk facilitation
- Relationship between risk and internal audit
- Acceptable and unacceptable involvements of internal auditing the risk management process
- Fraud
- Identifying and assessing fraud risks
- Elements in an effective fraud detection program
- Developing the audit universe
Certification / Credits
Upon successful completion of this course, candidates will receive a CRBA Risk Based Auditor Certificate.
Why choose Leoron?
LEORON has worked with some of the largest companies in the World - but importantly we care about the individual. Through our Customer Happiness Team we ensure that everyone who attends a LEORON course has the support before, during and after to ensure their training needs are met.
We offer the highest level of training delivery, whether that be in our live-virtual training or in-classroom sessions, with our expert instructors guiding you through everything so that you’re left feeling assured and confident to utilize your new knowledge going forward.
About Leoron
LEORON Professional Development Institute
LEORON is the fastest growing global training institute in the World, having evolved over the past 11 years into a dominant training institute that offers a comprehensive set of training and development solutions to both individuals and businesses. Our locations...
Contact this provider
Contact info
LEORON Professional Development Institute
Have a question about this course? Fill out this form and the provider will get in touch with you shortly
No reviews available
Need help with your search?
竞技宝(天津)积分APP v3.4.com offers a free consultancy service to help compare training for you and your team
