This training program focuses on Risk-Based Internal Audit (RBIA) and Enterprise-Wide Risk Management (ERM), providing participants with key insights into regulatory risk-based supervision and the foundational concepts of RBIA. It covers risk identification, assessment, and internal control systems, along with ERM processes and their integration with internal audit. The program also explores risk evaluation, measurement methodologies, and control standards, followed by practical approaches to RBIA implementation, audit planning, and reporting. Additionally, it addresses risk quantification, audit findings grading, report presentation, and follow-up mechanisms to ensure effective risk management and audit practices.
Roles and Responsibilities of Internal Audit Function
Understanding the Traditional and Risk Based Internal Audit
Understanding the Risks and Control Scope
Enterprise-Wide Risk Management (ERM)
Visualizing Organizational Risk Management & Role of Internal Audit under RBIA Paradigm
Risk Based Internal Audit – The New Paradigm: Approach, Process, Structuring & Road Map of Implementation