Enterprise Risk-Based Internal Auditing Masterclass: A Complete Guide
Course Overview
In modern organizations, internal auditing must go beyond compliance to deliver strategic insight, risk assurance, and governance value. The **Enterprise Risk-Based Internal Auditing Masterclass: A Complete Guide** provides a deep, practical understanding of risk-based audit methodologies that link audit priorities directly with enterprise risks, strategic objectives, and business performance.
This programme equips audit professionals to design and execute risk-based audit plans, evaluate controls, integrate assurance functions, and provide high-quality insights to leadership. Participants will master global standards, risk assessment models, audit planning tools, and reporting techniques essential for delivering value-driven and forward-looking internal audit functions.
Course Objectives
By the end of this course, participants will be able to:
1. Understand enterprise risk management (ERM) and its integration with internal audit.
2. Design risk-based internal audit frameworks and methodologies.
3. Develop annual audit plans aligned with organizational risks and priorities.
4. Conduct risk assessments, control evaluations, and audit testing procedures.
5. Enhance audit reporting, communication, and stakeholder engagement.
6. Strengthen internal audit’s role in governance, risk, and compliance (GRC).
Learning Outcomes
Participants will be able to:
* Implement enterprise-level risk-based audit practices.
* Assess risks using qualitative and quantitative tools.
* Evaluate the effectiveness of internal controls and governance structures.
* Deliver clear, actionable, and value-adding audit reports.
* Enhance the maturity and impact of the internal audit function.
Who Should Attend
This course is ideal for:
* Internal Auditors and Senior Auditors
* Audit Managers and Audit Team Leads
* Risk and Compliance Professionals
* Governance and Assurance Specialists
* Professionals seeking to enhance risk-based audit capability
Course Outline (5 Days)
Day 1 – Foundations of Risk-Based Internal Auditing
* Role of internal audit in enterprise governance
* Overview of ERM frameworks (COSO, ISO 31000)
* Aligning audit objectives with enterprise risks
* **Case Study:** RBA successes and failures in organizations
Day 2 – Risk Assessment and Audit Planning
* Identifying and evaluating risks across business units
* Risk scoring, prioritization, and audit universes
* Developing annual risk-based audit plans
* **Workshop:** Building a risk-prioritized audit plan
Day 3 – Audit Execution and Control Evaluation
* Risk-focused fieldwork and evidence collection
* Testing controls and identifying design/operational gaps
* Integrating data analytics into audit procedures
* **Exercise:** Designing risk-based test procedures
Day 4 – Audit Reporting, Insights, and Assurance
* Writing audit reports with clarity and strategic insight
* Root-cause analysis and recommendations
* Assurance mapping and coordinating with GRC functions
* **Practical Session:** Preparing a value-driven audit report
Day 5 – Enhancing Audit Maturity and Impact
* Building high-performance audit teams
* Continuous improvement and audit quality assessments
* Strengthening stakeholder relationships and communication
* **Action Planning:** Creating a 12-month audit improvement roadmap
Certification
Participants who complete the programme will receive the
**Certificate in Enterprise Risk-Based Internal Auditing Masterclass**
from **KE Leaders Training Centre, London**, recognizing professional capability in advanced risk-based auditing practices.
Key Benefits
✔ Implement globally recognized risk-based auditing techniques.
✔ Strengthen assurance, governance, and internal control systems.
✔ Improve audit quality, efficiency, and strategic value.
✔ Enhance risk visibility through structured audit assessments.
✔ Gain practical tools for modern audit planning and reporting.
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
