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course | Auditing at the Speed of Risk

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ARG-1826 | Auditing at the Speed of Risk

Course Sector : Audit, Risk and Governance

Duration
Date from
Date to Course Venue Course fees Book a course
3 Days2025-05-262025-05-28El Doha$3,250 Book now
3 Days2025-09-142025-09-16Riyadh$3,250 Book now
3 Days2025-11-252025-11-27Paris$3,950 Book now

Course Introduction

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 objective

  • 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 Outline | Day 01

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

Course Outline | Day 02

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

Course Outline | Day 03

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
Course Certificates
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BOOST’s Professional Attendance Certificate “BPAC”

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.

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