Risk – Based Auditing Process Master Class
Course Overview
• Understand the principles and benefits of risk-based auditing in modern organizations.
• Learn how to conduct risk assessments to identify and prioritize audit areas.
• Develop skills in audit planning, including setting objectives, scope, and methodology.
• Enhance proficiency in audit execution, including testing, sampling, and evidence gathering.
• Master the art of audit reporting, including communicating findings and recommendations effectively.
• Gain insights into follow-up procedures and continuous improvement in the auditing process.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Introduction to Risk-Based Auditing
• Principles of risk-based auditing and its relevance in contemporary auditing practices
• Overview of regulatory requirements, standards, and guidelines related to risk-based auditing
• Benefits and challenges of adopting a risk-based approach in audit engagements
Risk Assessment and Audit Planning
• Understanding organizational risk factors and risk appetite
• Techniques for conducting risk assessments and prioritizing audit areas
• Developing audit plans, including setting objectives, scope, and resource allocation
Audit Execution and Fieldwork
• Techniques for gathering audit evidence, including sampling methods and data analytics
• Conducting interviews and inquiries to obtain relevant information
• Performing audit tests and procedures to assess controls and detect anomalies
Audit Reporting and Communication
• Structure and content of audit reports, including findings, conclusions, and recommendations
• Techniques for communicating audit results effectively to stakeholders
• Addressing sensitive issues and managing stakeholder expectations in audit reporting
Follow-Up and Continuous Improvement
• Importance of follow-up procedures in the audit process
• Monitoring and tracking implementation of audit recommendations
• Lessons learned and best practices for continuous improvement in risk-based auditing
FOR WHOM: Internal Auditors, all those responsible for compliance operations and risk management
1ST BATCH: Tuesday, February 17, 2026 — Friday, February 20, 2026.
2ND BATCH: Tuesday, June 9, 2026 — Friday, June 12, 2026.
3RD BATCH: Tuesday, October 6, 2026 — Friday, October 9, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
