Description

Risk-Based Auditing Techniques for Private and Public Sector Organizations

Course Overview:
This course provides a structured approach to risk-based auditing, equipping participants with the skills to assess, prioritize, and manage risks in both private and public sector organizations. It covers modern auditing methodologies, risk assessment frameworks, and practical techniques to enhance audit efficiency and effectiveness. Participants will learn how to align audit processes with organizational objectives, regulatory requirements, and best practices in risk management.

Who Should Attend?

• Internal and external auditors
• Risk management professionals
• Compliance officers
• Finance and accounting professionals
• Government auditors and regulatory bodies

Key Learning Outcomes:
By the end of this course, participants will be able to:

• Implement risk-based audit planning and execution
• Identify and assess key risks affecting organizational performance
• Apply risk assessment tools and techniques to enhance audit efficiency
• Ensure compliance with regulatory and governance frameworks
• Develop audit reports that provide value-driven insights and recommendations

Course Modules:

1. Introduction to Risk-Based Auditing – Concepts, principles, and objectives
2. Risk Assessment Frameworks – Identifying, analyzing, and prioritizing risks
3. Audit Planning and Execution – Integrating risk management into the audit process
4. Risk Control and Mitigation Strategies – Evaluating internal controls and governance structures
5. Public vs. Private Sector Auditing – Key differences and regulatory considerations
6. Reporting and Communication – Presenting audit findings and recommendations

Delivery Mode:

• Instructor-led training (virtual or in-person)
• Case studies and real-world applications
• Interactive workshops and practical exercises

Certification:
Participants will receive a certificate of completion upon successfully meeting course requirements.