Risk Based Audit

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