Audit functions that are able to focus their efforts towards the significant risk in their organizations are able to concentrate their limited resources on the issues which drive business goals and aspirations. A participative approach whereby auditors and managers work together to identify, assess and control business risks, significantly enhances the level of assurance and reduces the chances of nasty surprises – a huge benefit to most organizations.

By the end of this MasterClass, the participants will:

• Fully implement the RBA approach
• Advise management better on the methods of identification, mitigation and control of risks
• Challenge management and sell the benefits of proactive risk management
• Audit major areas of risk for your business with confidence
• Add value to your organization by the application of risk-based audit services
• Deliver more effective audit plans through developing the appreciation of risk
• Plan risk based assignments efficiently and effectively
• Measure success more effectively

Our trainer – Phil Griffiths - founder and CEO of Business Risk Management Ltd, A Chartered Accountant and an Associate of the Institute of Internal Auditors