RISK BASED AUDIT PROGRAM
A specialized program designed to equip auditors and professionals with the necessary skills and methodologies to conduct audits focusing on risk assessment and management. It emphasizes the implementation of a strategic audit approach that identifies, assesses, and prioritizes risks within an organization. The training covers various aspects, including the development of risk-based audit plans, understanding risk frameworks, assessing inherent and residual risks, designing audit procedures tailored to identified risks, and effectively communicating audit findings. Participants learn how to align audit activities with the organization’s objectives, optimize resources, and enhance the overall effectiveness and efficiency of the audit process by concentrating efforts on areas of higher risk and significance.