About this course
In this revealing three-day seminar you will learn how to use risk assessment - generally applied to annual audit plans - to help build individual audit programs that will boost auditor productivity and provide the control assurance required by Sarbanes-Oxley. You will explore the differences between traditional, control-based risk assessment and a new, business risk-based approach that addresses management's concerns at the individual audit level. This progressive risk-based approach will demonstrate how assurance and consultative auditing can be performed simultaneously to maximize your audit resources and generate high-impact outcomes.
Attendees will learn how to recognize primary risks critical to any organization and to evaluate if there are appropriate controls in financial, information systems, compliance, and operational audits. You will then investigate the innovative methodology in a practical, case-based work session that will lead you step-by-step through the development of an individual audit program that can be executed in your own organization. You are encouraged to bring an audit subject and background information to use in this class exercise. Attend this timely seminar to learn how to focus your audits on the business concerns of the audit committee, senior management and the organization's operations.
Recent reviews
Overall, it was a good course that covered the basis and value for using risk assessment to develop audit program.
I would have given 5 stars but a few example slides were were PY. This was made more obvious perhaps because they did not include pandemic or WFH related data.
I enjoyed attending the 3-day course. I got a lot out of it that I could apply to my job. The course materials are relevant and the supporting graphics and presentation further enhanced the course contents.