Languages: English
Price (from): €3,500 / day
Share ShareHead –Internal Audit, Risk & Fraud / Trainer Former Internal Audit & Business Risk Manager Etisalat-UAE, MTNAfghanistan, UAE, South Africa Ernst & Young, KPMG-Pakistan, Afghanistan, UAE, Qatar Over +13 years of experience in Internal Audit, Risk Management governance & Fraud management Qualified CIA –IIA in one paper challenge exams and Certified Fraud Examiner CFE in 4 days Worked in various sectors include telecom with the large multi-national organization in the UAE, Qatar, South Africa, Pakistan to develop and implement Internal Audits department, ERM & Anti Fraud frameworks and processes Involved in training/mentoring of employees of different levels in multinational companies. Represented at CEO, and Board of Directors meetings, Audit Committee meetings and various Management Committees.
About the training
#risk #internal audit #audit #function & report writing skills
The Risk-based audit planning workshop will enhance the value and credibility of Internal Audit professionals by applying risk concepts and practical approaches to establish a true risk-based internal audit plan, covering the risk theories and framework. It will also educate the management on the benefits of risk management and how they can align their work with the risk appetite of the Board.
This course provides participants with the knowledge to develop an audit universe and risk-based internal audit plan. This course also addresses emerging and advanced risk management topics such as governance risk, strategic risk, fraud risk, information technology risk, and auditing the risk management process. During this course, you will participate in interactive activities and real-life scenarios. Be prepared to walk away with concepts and tools to develop a value-added, risk-based audit plan for your organization.
Fully embed the Risk-Based Audit approach.
Educate management on the benefits of risk management.
Audit major and complex areas of risk for your business with confidence.
Plan Risk-Based assignments efficiently and effectively.
Course Objectives:
Summarize risk management principles and concepts.
Identify corporate governance principles.
Explain the relationship between governance principles and COSO frameworks.
Explain the relationship between governance, risk, and control.
Gain an awareness of tools and techniques for planning and performing value-added, risk-based audits
Learn about risk-based IT auditing, fraud detection, and prevention
Apply risk management maturity and comprehensive assessment approaches.
Develop an auditable universe risk assessment.
Apply risk identification, measurement, and prioritization techniques.
Learn about bringing value addition through internal audit functions
Learn to deliver effective stakeholder assurance
Learning Outcomes:
Learn the principles and methodology of Business Risk Management and Risk-Based Audit based on Best Practices
Gain an awareness of tools and techniques for planning and performing value-added, risk-based audits
Learn how to develop risk-based audit tests at both compliance and substantive levels
Learn how to link audit findings to the risk-based environment thus helping in selling your recommendations
Learn about risk-based IT auditing, fraud detection, and prevention
Practice risk-based auditing techniques and control analysis using a generic case study
Course Methodology:
This interactive course will be delivered through a mix of theoretical and practical sessions and learning will be achieved individually and in small group activities.
The course will provide you with the opportunity to share your own experiences and to learn from others through group discussions and activities.
Apply the risk concepts and practical approach to establish a true risk-based internal audit plan
Challenge management's evaluation of risks and sell the benefits of proactive risk management.
Top-class training that will enlighten you on Internal Audit current critical issues/trends and best practices.
Add measurable value to your organization by the application of risk-based audit services
TOPIC –1 INTRODUCTION TO AUDIT, RISK CONCEPT
TOPIC -2 ADOPTION OF RISK BASED INTERNAL AUDIT STANDARDS
TOPIC -3 CREATING HIGH PERFORMING RISK BASED INTERNAL AUDIT FUNCTION
TOPIC - 4 INTERNAL AUDIT ROLE IN RISK MANAGEMENT PROCESS
TOPIC –5 RISK BASED AUDIT PLANNING & METHODOLOGY
TOPIC -6 RISK MANAGEMENT TOOLS & METHODOLOGIES AND THE RELATION TO RISK BASED AUDIT
DAY 2 (Recap of 1stdays):
TOPIC –7 INTERNAL AUDIT ROLE IN FRAUD RISK PREVENTION
TOPIC –8 STRENGTHEN INTERNAL CONTROLS
TOPIC -9 INTRODUCTION TO REPORT WRITING
TOPIC –10 RISK BASED AUDIT REPORT WRITING STANDARDS
TOPIC –11 COMPONENT OF AUDIT REPORTING
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