Risk-Based Auditing

The Risk-Based Auditing Training Course provides professionals with a modern, strategic approach to internal auditing by placing organisational risk at the heart of every audit activity. In many organisations, risk-based auditing is referenced as a concept, yet it is often not fully integrated into the audit cycle in a way that drives real value. This course helps participants bridge that gap by building strong skills in identifying, evaluating, and prioritising risks to shape an audit plan that reflects the organisation’s true exposure.

The course introduces globally recognised frameworks and practical tools that help auditors assess risk appetite, evaluate risk responses, and integrate enterprise risk registers into audit design. Participants learn how to challenge management’s risk assessments effectively, ensuring that the audit function provides insight rather than merely assurance. Through structured approaches and scenario-based examples, the training demonstrates how risk-based auditing strengthens governance, improves decision-making, and enhances organisational resilience.

Throughout the Risk-Based Auditing Course, learners also explore the coordination required between internal audit and other assurance providers to avoid duplication and improve enterprise-wide efficiency. Whether participants are establishing a new risk-based audit model or improving an existing process, the training offers real-world solutions, tested methodologies, and strategic techniques to ensure that audit outcomes are consistently high-value and aligned with organisational priorities.

By completing this Risk-Based Auditing Training Course, participants will gain the ability to design and execute risk-based audits that strengthen governance and support organisational objectives. The course enhances strategic thinking by helping learners understand how to assess risk exposure, align audit work with key risks, and deliver meaningful results to senior leadership. Through a structured set of methods and tools, participants will also learn how to coordinate their work with risk, compliance, and quality teams to enhance audit coverage and eliminate overlap.

By the end of this Risk-Based Auditing Course, participants will be able to:

• Deliver measurable value through a strategic, risk-based audit approach
• Identify and audit high-risk areas with clarity and assurance
• Evaluate risk appetite and align audit efforts accordingly
• Challenge management’s risk assessments using structured frameworks
• Design audit plans that integrate directly with enterprise risk registers
• Coordinate audit activities with other assurance providers to avoid duplication
• Apply a proven step-by-step approach to executing risk-based audit assignments

This Risk-Based Auditing Training Course is ideal for professionals seeking to strengthen their audit practice through a risk-focused methodology. It benefits individuals involved in internal audit, governance, and assurance functions who want to develop a deeper understanding of modern risk-based techniques. The course is equally valuable for leaders who rely on audit insight to support strategic risk management and performance improvement across their organisation.

This training course will greatly benefit:

• Heads of Internal Audit
• Audit managers and team leaders
• Senior auditors and assurance professionals
• Risk and compliance officers
• Quality assurance managers adopting a risk-based approach
• Business unit leaders seeking insight into audit’s role in enterprise risk

This Auditing Training Course is highly practical, using a blend of proven adult learning techniques to reinforce comprehension and real-world application. Delivery methods include:

• Interactive Presentations: Highlighting risk-based audit principles and tools
• Case Studies: Based on real-life scenarios for hands-on learning
• Step-by-Step Frameworks: Clear guides for risk-based audit execution
• Group Exercises: Promoting collaborative strategy development
• Templates and Tools: Provided in digital format for immediate workplace application

Participants will return to their roles with actionable insights, strategic tools, and enhanced confidence to lead or contribute to effective risk-based audits.