About this course
With the increasing emphasis on corporate governance initiatives and the release of recent ERM guides and pronouncements, there has never been a more critical time for auditors to expand their knowledge of risk management and assessment.
In this intensive four-day seminar, attendees will learn the underlying concepts of a risk-based audit methodology. We will cover all aspects of risk assessment, including the fundamentals of risk-based auditing, defining risk in business terms, identifying key risk areas, evaluating global risk and conducting a detailed risk analysis at the engagement level. We will explore a strategy for transitioning the department to a risk-based function as well as for re-educating management and the Audit Committee. Throughout the seminar, we will work through risk drills that will allow you to put into practice what you have learned. Attendees will leave this high-impact seminar with audit efficiencies and business insights that will maximize Audit’s contributions to the organization, and cast IA as a value-adding member of the team.
Prerequisite: None
Advance Preparation: None
Learning Level: Basic
Field: Auditing
Delivery Method: Group-Live
Recent reviews
This Risk School Class was amazing. At the end of everyday, Linh asked us if we had feedback/request of her for the next day. She researched all of our requests and shared information and some exercises for us to walk through, the next day. This allowed me to actively apply these key risk concepts in real world scenarios. Her class was engaging, interactive - this was a four day, all day, zoom class and I was never bored. That says a lot!! I woke up early so I could be ready to start the class at 6 am every day. It is one of the best classes I have attended.