Negocio Trainings
Learning never exhausts the mind
Facilitating Risk Asses for Internal Audit
Effective risk assessment is fundamental to the success of internal audit processes.
- Course Schedule
Classroom Sessions:
| Date | Venue | Price |
|---|
04-09 Feb 2025
Online
$ 3,950
- Course Description
INTRODUCTION
Effective risk assessment is fundamental to the success of internal audit processes. This course is designed to empower professionals with the skills and knowledge necessary to facilitate robust risk assessments within the context of internal audit functions. Participants will gain insights into the importance of data-driven risk assessments and acquire practical tools for conducting thorough evaluations.
WHY IT MATTERS
In an ever-evolving business landscape, the significance of data-driven decision-making cannot be overstated. For internal audit processes, leveraging data is crucial for identifying, evaluating, and prioritizing risks accurately. This course underscores the importance of data in risk assessment, emphasizing its role in enhancing the effectiveness of internal audit activities and contributing to overall organizational resilience.
OBJECTIVES
- Equip participants with the skills to facilitate comprehensive risk assessments for internal audits.
- Provide a deep understanding of the role of data in risk identification and evaluation.
- Foster the ability to apply data-driven methodologies to prioritize and mitigate risks.
- Enhance communication skills to effectively convey risk assessment findings to stakeholders.
- Enable participants to integrate risk assessment best practices into internal audit processes.
WHO SHOULD ATTEND ?
This course is suitable for professionals involved in internal audit processes, including:
- Internal Auditors
- Risk Managers
- Compliance Officers
- Audit Committee Members
- Financial Controllers
- Operations Managers
- Those responsible for risk management within an organization
- Course Outline
DAY 1
Foundations of Internal Audit Risk Assessment
- Introduction to Internal Audit Risk Assessment
- Importance of Data in Risk Identification
- Key Components of Effective Risk Assessments
DAY 2
Data Sources and Collection Methods
- Identifying Relevant Data Sources
- Data Collection Techniques for Risk Assessment
- Data Quality and Validation
DAY 3
Analyzing and Evaluating Risks
- Quantitative and Qualitative Risk Analysis
- Risk Matrix and Prioritization Techniques
- Using Data Analytics in Risk Evaluation
DAY 4
Communication and Reporting
- Effective Communication of Risk Assessment Findings
- Reporting Best Practices for Internal Auditors
- Engaging Stakeholders in the Risk Assessment Process
DAY 5
Integration and Continuous Improvement
- Integrating Risk Assessment into the Internal Audit Plan
- Continuous Monitoring and Updating of Risk Assessments
- Case Studies and Practical Application of Risk Assessment Facilitation
- Options & Brochure