Advanced Risk - based Auditing

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • July-08-2024

    Kuala Lumpur

  • Aug-12-2024

    Kuala Lumpur

  • Sep-09-2024

    Kuala Lumpur

  • Oct-14-2024

    Kuala Lumpur

  • Nov-11-2024

    Kuala Lumpur

  • Dec-09-2024

    Kuala Lumpur

Dates in Other Venues

  • June-17-2024

    Singapore

  • June-17-2024

    Paris

  • June-24-2024

    Barcelona

  • June-24-2024

    Dubai

  • July-01-2024

    London

  • July-01-2024

    Amsterdam

  • July-08-2024

    Istanbul

  • July-15-2024

    Paris

  • July-15-2024

    Singapore

  • July-22-2024

    London

  • July-22-2024

    Dubai

  • July-29-2024

    Barcelona

  • July-29-2024

    Amsterdam

  • Aug-05-2024

    Amsterdam

  • Aug-05-2024

    London

  • Aug-12-2024

    Istanbul

  • Aug-19-2024

    Singapore

  • Aug-19-2024

    Paris

  • Aug-26-2024

    Barcelona

  • Aug-26-2024

    Dubai

  • Sep-02-2024

    Amsterdam

  • Sep-02-2024

    London

  • Sep-09-2024

    Istanbul

  • Sep-16-2024

    Paris

  • Sep-16-2024

    Singapore

  • Sep-23-2024

    Dubai

  • Sep-23-2024

    London

  • Sep-30-2024

    Amsterdam

  • Sep-30-2024

    Barcelona

  • Oct-07-2024

    London

  • Oct-07-2024

    Amsterdam

  • Oct-14-2024

    Istanbul

  • Oct-21-2024

    Singapore

  • Oct-21-2024

    Paris

  • Oct-28-2024

    Dubai

  • Oct-28-2024

    Barcelona

  • Nov-04-2024

    Amsterdam

  • Nov-04-2024

    London

  • Nov-11-2024

    Istanbul

  • Nov-18-2024

    Paris

  • Nov-18-2024

    Singapore

  • Nov-25-2024

    Barcelona

  • Nov-25-2024

    Dubai

  • Dec-02-2024

    Amsterdam

  • Dec-02-2024

    London

  • Dec-09-2024

    Istanbul

  • Dec-09-2024

    Singapore

  • Dec-09-2024

    Paris

  • Dec-23-2024

    Dubai

  • Dec-23-2024

    London

  • Dec-30-2024

    Barcelona

  • Dec-30-2024

    Amsterdam

Course Details

Course Outline

5 days course

 

Risk Management Principles and Concepts

 

  • Risk definitions
  • Risk management definitions
  • Major control and risk frameworks
  • Risk management assessment criteria

 

Corporate Governance Risk

 

  • Overview, definition, and standards
  • Relationship between governance, risk and control
  • Governance breakdowns
  • Corporate governance principles
  • Governance principles and COSO frameworks
  • Audit activities and approach

 

Strategic Risk

 

  • Strategy overview
  • Definition of strategic risk
  • Internal audit’s consideration of strategic risk
  • Strategy related audit
  • Strategy risk audits
  • Strategy process audits

 

Fraud Risk Assessment

 

  • Definition and principles
  • Standards and guidelines
  • Anti-fraud program
  • Role of internal audit
  • Internal audit approach
  • Types of fraud
  • The fraud triangle

 

Information Technology Risk

 

  • The IT risk landscape
  • IT risk assessment frameworks
  • Internal audit considerations
  • Internal audit focus o Cybersecurity o Information security o Governance


 

 

Auditing the ERM Process

 

  • Enterprise risk management audits: Internal audit considerations
  • Assessing enterprise risk management
  • Maturity assessment approach
  • Comprehensive assessment approach

 

Developing the Risk-based Audit Plan

 

  • Auditable universe: General attributes
  • Audit universe risk assessment: Examples
  • Assessment criteria: Sophistication factors
  • Risk identification  Risk measurement
  • Risk prioritization

Course Video