Risk Based Auditing
| 07 – 09 July 2025 | Abu Dhabi | 20 – 22 Oct. 2025 | Dubai | 13 – 15 Oct. 2025 | Abu Dhabi |
Course Objectives:
By the end of this course, participants will:
1.Understand the principles and methodology of risk-based auditing and its role in modern organizations.
2.Learn to identify, assess, and prioritize risks to focus audit efforts on areas of greatest significance.
3.Gain the skills to align the audit process with organizational goals and risk management frameworks.
4.Develop practical strategies to evaluate the effectiveness of risk controls and mitigation measures.
5.Enhance the ability to prepare insightful audit reports that drive value and improve decision-making.
Course Syllabus:
Day 1: Foundations of Risk-Based Auditing
1.Introduction to Risk-Based Auditing
2.Understanding Risks and Risk Management
3.Planning Risk-Based Audits
4.Workshop: Identifying Risks and Defining Audit Objectives
Day 2: Conducting Risk Assessments and Fieldwork
1.Risk Assessment Techniques
2.Focusing on Key Risk Areas
3.Fieldwork in Risk-Based Auditing
4.Practical Exercise: Performing a Risk Assessment for a Sample Audit
Day 3: Reporting, Monitoring, and Continuous Improvement
1.Preparing Risk-Based Audit Reports
2.Monitoring and Follow-Up
3.Continuous Improvement in Risk-Based Auditing
