Course Code: FNBN 131
109 Course Visits
Auditing at the Speed of Risk
Course Sector:
Finance, Accounting and Banking
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
No available dates now, will be added soon..
Introduction
Training course introducion / brief

Risks have become more dynamic than ever, particularly in the 21st century. Hence, organizations must be able to adapt their approach and plan their work in order to conduct audit at the speed of risk. Managing risks, be it internal or external, financial, operational or strategic, involving technology or regulations or related to reputation.

This training course is designed to help students adapt a client service mindset as internal auditors and enhance their processes and methodologies to audit at the speed of 21st century risks. This course will highlight concepts such as continuous risk assessment, identifying and monitoring emerging risks, and planning, conducting and reporting internal audit engagements at the speed of risk.

Course Objectives
At the end of the training course, participants will be able to

  • Gain a comprehensive understanding of the emerging risks in the 21st century for organizations.
  • Effectively identify and monitor emerging risks faced by the business
  • Understand the importance of continuous risk assessment.
  • Plan and develop internal audit engagements at the speed of risk.
  • Conduct audit at the speed of risk with an agile, continuous audit plan.

Course Audience
Who is this course for, and can benefit the most
This training course is designed and beneficial for professionals involved in auditing or are handling functions related to auditing and identifying risks in their organizations.
Course Outline
The course aims and learning outcomes

The Speed of Risk

  • A Decade of Global Risk Volatility
  • Top 5 Global Risks in Terms of Likelihood
  • Where Executives See Risks
  • Top Emerging Risks in the 21st Century
  • The rising expectations of internal audit's stakeholders
  • The imperative to audit at the speed of risk
  • Transforming inefficient internal audit processes in the speed of risk

The Speed of Disruption

  • Disruptive Threats to Internal Audit
  • Disruptive impacts of the COVID pandemic on the profession and how the pandemic has accelerated the velocity of risk and disruption
  • How Internal audit should response to the speed of disruption
  • Internal audit's role in auditing culture, artificial intelligence, and new technologies
  • How internal audit must leverage innovation in the face of disruption
  • Best practices internal audit could adopt to effectively address organizational innovation and disruption

Response Strategies for Internal Audit

  • Identifying Emerging Risks
  • Leveraging Technology
  • The Need for Speed – When Auditing
  • Continuous Risk Assessment
  • Techniques to help you consistently keep your risk assessment current:
  • Formal methods.
  • Shoe-leather assessments
  • Bird’s-eye view.
  • Internal Audit Engagements
  • Audit reports in the speed of risk

 

Future Speed: Becoming a Trailblazer.

  • The idea that internal auditors can audit anything - but not everything
  • The skills future trailblazers will need in internal audit

Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Over all rating
Excellent
Average
Below average
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY

Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).

At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.

Trending Courses
The most bespoke and flexible training courses
18
May
- 05 -
Days
Professional in Business Analysis (PMI-PBA Exam Preparation)
Jeddah, KSA
30
Jun
- 05 -
Days
The Risk Management Professional (PMI-RMP Exam Preparation)
Istanbul, Turkey
20
Jan
- 05 -
Days
Leading and Building a Positive, Motivated, and Empowered Teams
Online, Virtual
14
Sep
- 05 -
Days
Competitive Bidding: Understanding Procurement Bids
Riyadh, KSA
10
Aug
- 05 -
Days
Emotional Intelligence and Advanced Communication Skills for Leaders
Salalah, Oman
13
Apr
- 05 -
Days
OSHA: Occupational Safety and Health Administration Standards
Riyadh, KSA
20
Jan
- 05 -
Days
Certified Treasury Professional
Dubai, UAE
07
Apr
- 05 -
Days
IOSH Managing and Working Safely
Abu Dhabi, UAE
01
Sep
- 05 -
Days
Introduction to Machine Learning and Artificial Intelligence
Abu Dhabi, UAE
24
Nov
- 03 -
Days
Happiness To Have and Hold
Dubai, UAE
10
Nov
- 05 -
Days
Practical Negotiation Skills for Contract Management
Jeddah, KSA
15
Dec
- 05 -
Days
The Business Analyst (PBA) - PMI Certified
Dubai, UAE
01
Sep
- 05 -
Days
Certified Business Analysis Professional- IIBA
Dubai, UAE
18
Aug
- 05 -
Days
ISO 55001 2014 Lead Auditor (Asset Management Systems) – Lead Auditor
Muscat, Oman
10
Feb
- 05 -
Days
The Scheduling Professional (PMI-SP Exam Preparation)
Dubai, UAE
17
Feb
- 05 -
Days
Artificial Intelligence for Leaders
Abu Dhabi, UAE