The Fundamentals of Risk-Based Auditing
What you will study
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Explore Risk over the previous decade.
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Recognize the advantages of Risk Based Auditing.
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Explore Risk Based Auditing (RBA) and acknowledge the aim of Internal Auditing (IA).
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Recognize the Risk Based (RB) Imperative.
The Institute of Internal Auditors defines threat based mostly inside auditing (RBIA) as a technique that hyperlinks inside auditing to a corporation’s general threat administration framework. RBIA permits inside audit to supply assurance to the board that threat administration processes are managing dangers successfully in relation to the chance urge for food.
Many inside audit teams try threat based mostly auditing however usually discover that some features are troublesome to deploy inside their very own organizations. This happens as a result of lack of customary understanding of the assorted methods utilized in threat based mostly auditing and the true intent and benefits related to the method. To have the ability to successfully develop a threat based mostly auditing methodology after which to make use of it inside your group, you will need to perceive the premise behind the idea and the benefits and challenges it would convey. This course is designed to arrange the auditor to completely embrace the chance based mostly methodology idea.
If you want to Continuing Education Credit (e.g. CPE, CE, CPD, and so forth.) for this course, it’s out there when you take this course on the Illumeo dot com platform underneath course title: Understanding Risk-Based Auditing. Illumeo is licensed to supply CPE in over two dozen completely different skilled certifications protecting finance, accounting, treasury, inside audit, HR, and extra. However, so as to obtain CPE credit score the programs should be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen company skilled certifications, that’s the Illumeo platform. Go to Illumeo dot com to study extra.
Who this course is for:
- Anyone enthusiastic about threat administration, accounting, or associated fields.
10 reviews for The Fundamentals of Risk-Based Auditing
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Original price was: $49.99.$14.99Current price is: $14.99.
Nicholas Rowe –
Was a good introduction to Risk Based Auditing. Could do with an example of how a company might go about setting one up from scratch though.
Patricia Liesering –
It highlighted the importance of my company’s vision, values and strategy. Why it’s important for me to play my part. The risk factor to what I’m doing on a day to day basis
Saretta Roodt –
To realize how the past risks influence us still today. Also to think out of the box to the unimaginable.
Diptakshya Banerjee –
The course provided me a good insight in the area of Risk based Auditing. Recommended to all aspiring Auditors.
Mohammed T. Farooqui –
I am very dissatisfied by the course. I was hoping that towards the end of the course i will be entitled to a certificate if i pass the exam.
ANDRADIET I J ALIS –
The knowledge gained really support my role as audit committee member, which parts of the scope of work is overseeing the internal audit and make sure the internal audit unit works in integrating manners with the risk management unit. The course has opened the entry point for me to deepen the RBIA.
Adeniyi A OLATUNJI –
Its been quite fulfilling, to know the factors to consider when implementing a risk based audit framework.
Paul Kato –
It was a very good session whereby I learnt a lot on Risk Based Auditing. It taught me how to develop a good risk based audit plan.
Ivan Rochin Pavan –
I learned a lot but I wish I could have learned more.
Ferry Donald Moningkey –
The knowledge gained supports my role as an internal audit member. The course contents are good, but it would be better if the practical examples are added. The explanations are good and understandable.