Risk, Compliance and AMLRisk Based Internal Auditing
Auditing every process with equal intensity wastes scarce audit resource on low risk areas while genuine exposures go unexamined. This course teaches the risk based internal audit methodology recommended by the Institute of Internal Auditors, from building a risk based audit universe to executing fieldwork that focuses on the controls that matter most to the organisation's objectives.
Course objectives
- Build a risk based audit universe linked to organisational objectives
- Develop an annual audit plan prioritised by risk rather than convenience
- Design audit programmes that test key controls efficiently
- Apply International Standards for the Professional Practice of Internal Auditing during fieldwork
- Write audit findings and recommendations that drive management action
Who should attend
- Internal auditors and audit team leaders
- Chief audit executives and audit managers
- Audit committee members seeking to understand methodology
- Risk managers working closely with internal audit
- External auditors moving into internal audit roles
Course outline
- 01Principles of risk based internal auditing and IIA standards
- 02Building a risk based audit universe and annual plan
- 03Planning individual audit engagements
- 04Fieldwork techniques and control testing
- 05Writing findings, root causes and recommendations
- 06Follow up and tracking management action plans
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 3 to 5 October 2026 | London, United Kingdom | Classroom | R11,995 per delegate | Register Now |
| 23 to 25 October 2026 | Durban, South Africa | Classroom | R11,995 per delegate | Register Now |
| 27 to 29 March 2027 | Accra, Ghana | Classroom | R11,995 per delegate | Register Now |
| 1 to 3 August 2027 | Cape Town, South Africa | Classroom | R11,995 per delegate | Register Now |