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Risk Based Internal Auditing for Haulage, Shipping and Airline Industries Course
NGN 185,000
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Venue: 4, Akinpelu Street, Lagos - Ibadan Express Road, Behind ENYO Petrol, Ibafo Bus stop, Ibafo, Ogun State. Online and Class room
This intensive 3-day training in Risk Based Internal Auditing covers the main audit functions and the process of implementing an enterprise risk management approach (ERM) when conducting internal audits especially in a manufacturing outfit..
The training program covers in great detail all steps involved in planning, developing and implementing a risk-based approach for Haulage, Shipping and Airline companies
Learning Objectives
- At the end of the 3 days sessions, participants would be able to:
- discuss Enterprise-Risk Management effectively to gain management approval of its adoption
- establish a framework for its implementation;
- Develop a plan on how to implement risk based internal auditing;
- Apply a Risk-based approach to internal auditing;
Course Outline
- Why risk-based internal auditing?
- Risk-based internal auditing defined
- The paradigm shift in internal auditing: why it is happening and why it is necessary
- How risk-based auditing differs from current approaches
- The advantages of risk-based auditing to you and your organization
- Enterprise Risk Management
- Objectively driving the Enterprise Risk Management environment
- Equating risk management and corporate governance
- The primary subsets of enterprise risk management
- Strategically cascading risk ownership
- The impact of ERM on the internal audit group
- Fundamental issues of how risk will be assessed
- Risk registers
- Key attributes of a risk-based audit function
- Understanding the meaning of ‘true business risk’ and its impact on the audit function
- Ability to identify key types of business risk
- Understanding how business risk should drive the audit function
- Acknowledging the interrelationship between business risk and control failure
- Making risk a top priority
- Defining the skill sets and competencies required under a risk-based audit
- Strategies for educating your auditors in risk-based approaches
- Focusing on deliverables as the audit product
- Transitioning existing audit styles and defining new ones
- Identifying reporting relationships
- Redefining the audit process for a risk-based function
- Creating a plan for implementing risk-based auditing in the organization
- Targeting the engagement on key risk areas for focused, high-impact, resource maximization
- Employing risk-centric fieldwork tools and techniques
4, Akinpelu Street, Lagos - Ibadan Express Road, Behind ENYO Petrol, Ibafo Bus stop, Ibafo, Ogun State. Online and Class room | Oct 07 - 09 Oct, 2024 |
NGN 185,000.00 | |
Prof. Richard Mayungbe +1-646-202-8832, +2348033467639, +2348023019508,
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