Introduction
Risk-Based Internal Audit (RBIA) Training Program designed to equip participants with the knowledge, skills, and tools to excel in the dynamic field of internal auditing. Through this course, participants will explore internal auditing from a risk-focused perspective, enhancing their skills in risk assessment, audit planning, execution, and reporting. In this course, auditors will learn how to cultivate a risk-focused mindset, enabling them to conduct audits that are proactive, strategic, and value-oriented.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Risk-Based Internal Audit
- Introduction to risk-based internal audit.
- Role of internal audit in risk management.
- Overview of key audit frameworks (COSO, ISO 31000).
- Understanding the risk-based audit approach.
Risk Assessment & Audit Planning
- Conducting risk assessments for internal audits
- Developing risk-based audit plans
- Aligning audit objectives with organizational risks
- Case studies and practical exercises on risk assessment.
Executing Risk-Based Audits
- Implementing risk-based audit procedures
- Testing internal controls in high-risk areas
- Sampling methods for risk-based audits
- Utilizing technology tools for auditing efficienc.
Reporting & Communication
- Communicating audit findings effectively.
- Reporting on key risk exposures and control weaknesses.
- Providing actionable recommendations.
- Leveraging data analytics for audit insights.
Monitoring & Follow-Up
- Post-audit activities and follow-up procedures.
- Monitoring management’s action plans post-audit.
- Evaluating the effectiveness of the internal audit function.
- Continuous improvement in risk-based auditing practices.
By the end of this course, participants will be able to:
- Explore the principles and benefits of risk-based internal audit.
- Prepare risk-based audit plans and perform risk assessments.
- Developing auditing skills to focus on high-risk areas and critical control areas.
- Develop practical strategies to report audit findings and communicate with stakeholders.
- Explore best practices to improve internal audit processes.
This course is ideal for:
- Internal & external auditors
- Audit managers
- Governance, Risk, & Compliance (GRC) officers.
- Financial team & Accountants.
- IT Auditors * Security officers.
- Quality Assurance officers.
- Public Sector Auditors.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 12/05/2025 | 26/05/2025 | 09/06/2025 | 23/06/2025 |
| 07/07/2025 | 21/07/2025 | 04/08/2025 | 18/08/2025 |
| 01/09/2025 | 22/09/2025 | 06/10/2025 | 20/10/2025 |
| 10/11/2025 | 24/11/2025 | 15/12/2025 | 05/01/2026 |
| 26/01/2026 | 16/02/2026 |
This course will take place in Singapore on the following dates:
| 05/05/2025 | 26/05/2025 | 16/06/2025 | 30/06/2025 |
| 21/07/2025 | 11/08/2025 | 01/09/2025 | 22/09/2025 |
| 13/10/2025 | 03/11/2025 | 24/11/2025 | 15/12/2025 |
| 05/01/2026 | 26/01/2026 |
This course will take place in Amsterdam on the following dates:
| 19/05/2025 | 09/06/2025 | 30/06/2025 | 21/07/2025 |
| 11/08/2025 | 01/09/2025 | 22/09/2025 | 13/10/2025 |
| 03/11/2025 | 24/11/2025 | 15/12/2025 | 05/01/2026 |
| 26/01/2026 | 16/02/2026 |
This course will take place Online the following dates:
| 06/05/2025 | 03/06/2025 | 01/07/2025 | 29/07/2025 |
| 26/08/2025 | 23/09/2025 | 21/10/2025 | 18/11/2025 |
| 16/12/2025 | 13/01/2026 | 10/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
