Risk Based Auditing for Internal Audit

Programme Overview

In an era defined by unprecedented disruptions—from cyber threats and climate transitions to geopolitical volatility—internal auditors must evolve from compliance validators to strategic risk navigators.

Risk-Based Auditing (RBA) empowers this shift by aligning audit resources with the organisation’s most critical exposures, transforming internal audit into a catalyst for resilience and value creation.

Blending the Global Internal Audit Standards (GIAS) with case-study simulations, the training bridges theory and practice. Participants will tackle case studies on pressing challenges and emerging risks while strengthening collaboration with risk and

compliance functions.

By the end of the programme, auditors will possess not just RBA tools, but a future-focused Risk Based Audit toolkit to navigate tomorrow’s risk frontiers with confidence. Through interactive sessions, case studies, and guided exercises, internal auditors will enhance their ability to deliver risk-focused audits that meet stakeholder expectations and regulatory standards.

Objectives

• Develop relevant skills for effective communication of audit findings and audit reports to the respective stakeholders.
• Comprehend the scope, procedures, and potential issues in developing a Risk-Based Audit Programme.
• Understand the requirements for a Risk-Based Annual Audit Plan and its importance to the organisation.
• Understand the concept and importance of Audit, Risk, and Internal Control Systems within the organisation.

Who Should Attend

This programme is designed for professionals who need to integrate risk-based approaches into audit practices, including:

• Internal Auditors that are seeking to transition from compliance-focused to risk- driven auditing, and that is responsible for developing annual audit plans or leading audit teams.
• Risk Management Professionals that collaborating with audit functions to align risk assessments with audit activities.
• Compliance Officers that are involved in integrated assurance frameworks (e.g., coordinating with audit on regulatory risks).
• Audit Committee Members & Governance Practitioners that are overseeing audit functions and requiring deeper insight into risk-based methodologies.

Programme Dates

Programme Fee

Package	Stakeholders	Non-Stakeholders
Normal Price	$2,000.00	$2,200.00

 

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