Risk Based Internal Auditing


It has become abundantly clear from past corporate missteps and such pronouncements as the COSO ERM model, the recently issued GTAG on continuous auditing and risk assessment, and the IIA position paper on enterprise risk management in the UK and Ireland, that the internal audit department must align itself very closely with the business in order to assume a vital role in the overall success of the organization. In addition, increased reliance of senior management and the audit committee on the competence of the internal audit staff necessitates that IA maximize the quality and impact of all of its efforts. To fulfill all of these expectations many organizations are taking a risk-based approach to their audits.

In this intensive three-day first part you’ll see for yourself why audit functions that focus their efforts on significant risks are able to concentrate their resources on issues that drive their businesses. You will learn how to put in place a risk-based approach that is truly business oriented. You will gain an understanding of what is necessary to make your audit function totally risk based; learn tools, techniques and methodologies that will boost auditor productivity and bullet-proof’ audit plans; and discover how to convert the entire audit process to a risk-based approach that will take you from planning all the way through to report writing. Throughout the seminar class exercises will allow you to hone your risk-based auditing skills. You’ll leave this session with a specific understanding of what is necessary to be risk-based and how to implement this approach.

Further information

ACI Learning
ACI Learning
3 Days
Scheduled dates
Course type:
Amsterdam, Atlanta, GA, Bandar Seri Begawan, Boston, MA, Burlington, MA, Cape Town, Charlotte, NC, Chicago, IL, Dallas, TX, Denver, CO, Dubai, Dublin, Dublin, OH, Hong Kong, Houston, TX, Las Vegas, NV, London, Manila, New York, NY, Oman, Orlando, FL, Philadelphia, PA, San Antonio, San Diego, CA, San Francisco, CA, Seattle, WA, Singapore, Virtual Training Room Only, Washington, DC

Contact Information

ACI Learning

6855 S. Havana St.
Suite 230
80112 USA