What You Will Learn :
- Develop a risk assessment framework for engagement planning
- Analyze examples of engagement risk assessment methodologies
- Create an audit universe
- Assess the completeness of the audit universe and identify auditable units
This course in Assessing Risk: Ensuring Internal Audit’s Value offered by The Institute of Internal Auditor’s (IIA), the global, leading authority in internal auditing, provides participants with practical insight into risk management by allowing them to apply what they have learned to the implementation of risk assessment activities at their organization.
This IIA course is designed to broaden participants’ knowledge of current trends in the internal auditing field. After reviewing real examples of risk assessment models, participants will have the opportunity to develop and customize their own risk assessment frameworks as well as learn how to identify potential fraud schemes and solutions to common implementation challenges in risk management.
Who is this course for?
This is an advanced level IIA course and participants should have knowledge of common risk management frameworks (such as COSO, CoCo, or Cadbury) and at least two years’ experience in internal auditing.