Risk Based Auditing

Your Competitive Advantage

The most fundamental concept in auditing today is that every audit must be a risk-based audit. There are levels of complexity in ensuring that audits are truly risk-based, extending way beyond sample size issues. This course will help ensure that you can make your audits true risk-based audits that will comply with international audit standards.

Risk based auditing lies at the cutting edge of internal audit because it integrates itself with an organisation's risk management paradigm and effectively influences its function.

The course will further help you to align your organisation's strategies, vision, and values with the internal audit process.

Benefit from the Right Topics:

• Greater management certainty that risks have been properly identified and actioned
• Appropriate management of risks within the established risk appetite parameters
• Identifying and responding to residual risks
• Proper management oversight of risk identification and response processes
• Proper reporting and documentation of risk mitigation and response activities

Tangible outcomes

• Examine the relationship between strategy, governance, risk management and controls
• Learn how to use a risk-based approach to define and focus your audit activities
• Learn how to incorporate a risk-based approach to all steps in the audit process

Presenter: Chris Teniswood

Online Classroom: The content delivered in the IIA-Australia online classroom format is the same as what would be delivered face-to-face.

This full one day training programme will be delivered in two 3 hour lessons over two consecutive days using Zoom. Registrations will be strictly limited to 12 participants to allow maximum interaction in the online environment.

Click here for more information and to register.

IIA NZ Member rate: $590 AUD