Attend Audit Director and Managers Training Week and save 10%
Attend Risk Based Internal Audit Training Week and save 10%
In this three day course you will:
Uncover how to adopt a risk based approach to internal auditing
Review enterprise risk management and how to effectively establish a framework in your organisation
Evaluate internal audit’s readiness to adopt a risk based approach
Develop a plan for how to implement risk based 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 seminar 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.
Course Director - Liz Sandwith
Liz Sandwith has been involved in the internal auditing profession since the late 1980’s. She has worked in the public sector including central and local government and also in the private sector. In 1995 she set up her own business providing internal audit and risk management to a number of businesses from central government and local government through housing associations, regional development agencies and including a UK Broadcaster – Channel 5.