Advanced Risk Management Based Internal Auditing

MIS Training Institute
London, United kingdom

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' Internal Audit functions that adopt a risk management based approach to their work are able to concentrate their often limited resources on the issues which drive business goals and aspirations. In consequence audit plans are directed at the issues which really matter. Adopting this approach will also enable internal auditors to provide a broader range of assurance to the board/audit committee. Internal auditors in less risk mature organisations may already adopt what they call a risk based approach to their work. Often these approaches are based almost entirely on internal audits perceptions of risk. What makes RMBIA different is that it focuses on more risk mature organisations and uses managements?own perception of risk. If your organisation is more risk mature (using the risk maturity matrix we would define this as being either risk managed or risk enabled) you need to be firmly linking your internal audit approach into the risk management processes of your organisation to:

Provide appropriate levels of assurance to the board/audit committee
Demonstrate the value that internal audit provides, and
Show how internal audit contributes to the achievement of the overall business strategy.
This course builds on basic risk based internal auditing principles that you may have learned on earlier MIS training courses, demonstrating how internal auditors can truly focus on their organisations corporate priorities and really provide value. Your trainer on this seminar, Gill Bolton, is a recognised thought leader in risk based approaches to internal auditing and has been involved in inputting to the available guidance on these issues. She will share with you her transitional thinking on one of the most fundamental changes in internal auditing methodologies in recent years. This three day intensive seminar is geared towards internal auditors working for more risk mature organisations. Therefore we will be focused on more advanced issues as evidenced by the course programme below. Throughout the seminar, case studies and class exercises in conducting a real RMBIA audit assignment will illustrate what you learn allowing you to build a toolkit that you can take back to the office to develop real RMBIA for your own organisation.

Prerequisites:
A basic knowledge of risk based approaches to internal auditing; your organisation should be either risk managed or risk enabled according to the risk maturity model. We will send you a questionnaire in advance of your attendance on this course to enable you to determine your organisations current level of risk maturity.

...''

Phone:+44 (0)207 779 8153

School Address:

MIS Training
Nestor House
Playhouse Yard
London EC4V 5EX
UK


Jobs & Resumes: London
Houses & Roommates: London

Advanced Audit Techniques for Windows 2000/2003 and Active Directory Networks
Advanced IT Audit School
Anti-Money Laundering for Internal Auditors
Audit & Security of Oracle Financials
Auditing Business Applications
Auditing for Oil, Gas and PetroChemical Companies
Auditing Governance, Strategy, Ethics and Risk Management
Auditing Major Projects and Change Programmes
Auditing Operational Risk
Auditing Outsourced Operations
Auditing Techniques for Lead Auditors

Notice: The course description on this page was captured from the Internet as historical reference or submitted by visitors. It was archived statically and not updated from day to day.
 

Tips: Besides Acquiring latest course information by the search form, Students can also leave their study interests here and let schools callback.