NUS Extension

Programmes


It is critical for every Internal Auditor to be fully equipped with the risk-based audit approaches now so vital to the success and reputation of every organisation.
Risk Managers, senior management and any decision-maker from all industry sectors and functions involved in broader managerial issues, at both the operational and strategic levels will also tremendously benefit from understanding the perspective of the Risk-Based Internal Audit (RBIA) to improve communication and coordination and effectiveness of Risk management systems.




1 Day


Click on the selected date to apply now or download registration form to apply later.

Intake 01
15 Jul 09

Intake 02
14 Oct 09




S$835 (Inclusive of GST)


NUS Extension (#12-01 Park Mall)

 


EDM5 - Best Practices for Effective Risk-Based Internal Audit

Synopsis

This leading-edge and interactive 1-day programme is designed to help you better understand the use of risk assessment, risk management methods and technique to set priorities in both design and execution of audit activities.The development and use of Risk-Based Internal Audit (RBIA) has proven to be an essential tool a that can assist you both in enhancing your productivity and achieve quality audit results.

This workshop provide a practical “How to” comprehensive roadmap on risk-based internal audit techniques and learn how to conduct RBIA to your maximum advantage. You will also learn how you can employ risk-based methodologies in planning and conducting audits to provide assurance on the adequacy of integrated risk management practices, management control frameworks and information used for decision-making and reporting on the achievement of overall business objectives.

Do not miss this opportunity to learn how to implement Risk-Based Internal Auditing in an effective and efficient manner, through hands-on exercises, interactive lectures and competency-assessments.

At the end of this 1-day intensive and practical programme, you will be able to:

    • Understand how your internal audits can support the risk mitigation strategies of your organisation
    • Address the full range of audit issues that concern management and give assurance that the processes used by management and business units to identify that all significant risks are effective
    • Build support for the audit programme within your organisation
    • Undertake risk based audits using the RBIA methodology
    • Develop and deliver risk based audit reports with real impact and capture attention
    • Challenge management and sell the benefits of proactive risk management
    • Add value to your organisation by the application of risk-based audit services
    • Master all the modern auditing techniques
    • Audit major areas of risk for your organisation with confidence
    • Evaluate risk management processes, to ensure the response to any risk is appropriate and conforms to the organisation's policies.
    • Apply the knowledge gained throughout the course to prepare for a realistic audit, using risk based principles
    • Provide meaningful assurance statements to your Audit Committee and Board


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