Advanced Audit Planning and Risk Assessment training course in

Introduction

This training course is designed for Assistant Internal Auditors who have a strong understanding of audit techniques, governance understanding, audit report writing, and timeliness, and would like to develop their skills in advanced audit planning and risk assessment. The course will cover the best practices and strategies for successful audit planning and risk assessment, and will provide hands-on experience in applying these skills.

Objectives

- To provide an understanding of advanced audit planning and risk assessment.
- To develop skills in conducting a risk assessment.
- To improve knowledge of audit report writing.
- To provide hands-on experience in applying best practices and strategies in advanced audit planning and risk assessment.

Who Should Attend this Course

Assistant Internal Auditors who have a strong understanding of audit techniques, governance understanding, audit report writing, and timeliness, and are interested in developing their skills in advanced audit planning and risk assessment.

Outline

Day 1

Topic 1: Understanding Audit Planning and Risk Assessment

- Overview of audit planning and risk assessment
- Best practices and strategies for successful audit planning and risk assessment
- Importance of governance understanding in audit planning and risk assessment

Topic 2: Conducting a Risk Assessment

- Identifying and evaluating risks
- Developing a risk management plan
- Conducting a risk assessment
- Implementing risk mitigation strategies

Day 2

Topic 3: Audit Report Writing

- Understanding effective audit report writing
- Writing clear and concise audit reports
- Formatting and presenting audit findings
- Communication and collaboration in audit report writing

Topic 4: Timeliness in Audit Planning and Risk Assessment

- Importance of timeliness in audit planning and risk assessment
- Strategies for ensuring timely completion of audit planning and risk assessment
- Measuring and monitoring progress in audit planning and risk assessment

Day 3

Topic 5: Best Practices in Audit Planning and Risk Assessment

- Understanding best practices in audit planning and risk assessment
- Best practices for risk management and mitigation
- Best practices for audit report writing
- Best practices for ensuring timeliness in audit planning and risk assessment

Day 4

Topic 6: Audit Planning and Risk Assessment Case Studies

- Overview of audit planning and risk assessment case studies
- Analysis of successful audit planning and risk assessment
- Discussion of challenges and lessons learned

Day 5

Topic 7: Audit Planning and Risk Assessment in Practice

- Practical application of audit planning and risk assessment best practices and strategies
- Hands-on experience in conducting a risk assessment
- Hands-on experience in audit report writing
- Evaluation of audit planning and risk assessment skills.

Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.