This class exists in these courses :
• IÉSEG > MSc in Accounting, Audit & Control > Semester 2 > 2,00 ECTS

Prerequisites

There are no specific courses' or knowledge to follow this course however it is always help to attend Strategic Management, Operations Management, General Management, Compliance and Financial Reporting Courses before attend RBIA Course.

Learning outcomes

• Acquire basic knowledge in relation to the theory and practice in the areas of Business risk management and Risk Based Internal Audit.
• Be able to carry out a risk assessment and develop audit plans for any type of organization.
• Enhance their knowledge in specialised risk based internal audit practices for a range of business processes. The training syllabus provides practical knowledge to the participants for the implementation of the risk based internal audit best practices in a series of internal audit issues from the planning of the audit to the follow up.

Course description

Session 1 – Introduction to Audit, Risk & Governance
Session 2 – Business Risk Management Principles
Session 3 – Business Risk Management Tools & Methodologies and the relation to Risk Based Audit
Session 4 – Risk Based Internal Audit Methodology Overview
Session 5 – Identification of Business Objectives and Audit Universe.
Session 6 – Risk Categorization & Risk Priorititization
Session 7 – Risk Based Internal Audit Planning.

Class type

Class structure

Teaching methods

• Case study
• Coaching
• E-learning
• Interactive class
• Presentation
• Project work
• Research
• Tutorial

Assessment

There will be a Continuous Assessment through active participation in Group classes/Projects, as well as a Group Project - Case Study.

Recommended reading

• Griffiths David, Risk Based Internal Audit,http://www.internalaudit.biz/ -

• Mefford, Jason Lee, Risk Based Internal Audit -

• Zakaria, Razly, How to perform Risk-Based Internal Auditing -

Internet resources

• The Institute of Internal Auditors

• The IIA UK & Ireland

• AuditNet