Risk Based Audit

Certificate of completion (supplied by PasarTrainer)

Training Material

Quiz Result

A multiple-choice test to assess the participants' proficiency level prior to enrolling in the training program.

Pre-Test (10 Questions - Closed Book)

* Scoping
* Risk Identification
* Risk Analysis
* Risk Appetite
* Risk Evaluation
* Risk Treatment

This module provides an overview and practice of Risk Management.

Module 4. Understanding Risk Management

* Definition of Internal Audit
* Type of Audits
* Purpose, Authority, and Responsibility for Internal Audit Activity
* Assurance & Consultation activities
* Independency & Objectivity

This module explains an overview of internal audit recent development.

Modul 1. Internal Audit Recent Development

* Group exercise: identify and determine how to strategically use 'formula mindset' for the copy based on specific objectives
* Quick debriefing about the objectives and the formulas

A quiz and exercise (case study) in which participants are asked to observe and identify some formulas based on some example.

Case Study 

* Definition
* 1st line of defense
* 2nd line of defense
* 3rd line of defense
* Connection with 3 line of defense model

This module explains an overview of three line of defense model.

Module 2. the Three Line of Defense Model

* Audit universe identification & assessment

Module 5. Understanding Risk Based Internal Audit

Games 1

* Exercise: Practice some formulas based on some objective

A learner-centered instructional approach where trainee do a work in groups to construct their knowledge.

Exercise: Project-based

* Planning
* Communication & Decision
* Resource allocation
* Policy & Procedures
* Coordination
* Reporting & monitoring

This module explains an overview of Internal audit planning.

Module 3. Internal Audit Engagement

Presentation & discussion about the risk based audit.

Presentation & Discussion 

Interactive games quiz and Q&A session to help provide further understanding of the questions asked by participants.

Q&A Session

A multiple-choice test to assess the participants' proficiency level after enrolling in the training program.

Post-Test (20 Questions - Closed Book)

The course uses interactive techniques, such as brief presentations, case studies, live demonstrations of sampling methodologies, and group exercises to apply the knowledge acquired throughout the course.

After completion of this program, participants will be better able to:
* Define the scope and function of internal audit within the company
* Describe the internal audit planning guidelines and develop a risk-based audit plan
* Apply techniques for risk assessment, controls identification, and controls testing
* Identify the best sampling techniques in an internal audit assignment considering sample size or sample
selection
* Select the appropriate internal audit test tools and list the advantages and disadvantages of each