Risk Assessment in Audit
Assessing the risk in an audit is an activity that auditors who perform Traditional or Risk Based Audit need to be proficient with. There are so many different commercial settings that are presented to auditors which require detailed quantitative and qualitative assessment.
This 3 Day Risk Assessment in Audit masterclass is a deep dive into Risk Based Audit assessment techniques.
This will highlight assessing & measuring potential loss in an audit, enhancing your audit reports and improving your assessment coverage.
Causal Capital Pte Ltd is now registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.
Each course attendee will be awarded:
32 CPE credit points by field of study
6 CPE points
6 CPE points
10 CPE points
10 CPE points
KEY LEARNING OBJECTIVES
APPLICATION & RESULTS
Build Audit Data Repositories
Financial Data Analysis
Build an Audit Scorecard
Collect & Clean Data in audit
Learn how to Interrelate Data
Audit KRIs shown
Learn how to frame controls
Top 20 quantitative audit analysis models & techniques
Fault Trees in audit
Monte Carlo in audit
FN Curves in audit
Consequence Prob Matrix
Markov Analysis for auditors
KPIs for business tested
Learn how to report tabular results using pivot tables
Identify emerging risks in audit & test this data
Learn how to benchmark incidents and trade data
WHO IS SUITABLE
Risk Framework Architect | Causal Capital Pte Ltd
Martin is a Subject Matter Expert in risk management and audit who has been working across the space of risk assessment for years.
He has experience with incident investigations, control assessments and audit scoring frameworks that are sensitive to the material nature of a business unit being audited. Martin has worked with banks from Australia, right through the emerging markets Asia and into the gulf. Away from the banking sector he has deep experience developing risk and audit frameworks for manufacutring companies that are enterprise wide.
Martin develops reporting methods from the ground up and is skilled in developing analytics systems for auditors. In this program he will show attendees how to design an interactive heat map, how to assess leading factors that potentially drive loss using new Discriminant Analysis audit techniques. All work Martin develops in the masterclass will be open and can be applied in the workplace by auditors after the masterclass is completed.
This masterclass has been one of the most insightful and enjoyable audit workshops I have attended.
Senior Auditor | Qatar Bank
Martin walks the class through the entire space of risk based audit, every day is so fascinating.
Head of Audit | Malaysian Bank
Have a team to train?
Have a requirement to run the course internally?
Hold an in-house course at your convenience, with customised course outlines and specific industry case studies. We can adapt this training to meet your exact needs.
Contact us to find out more!
+65 6221 7919 /
+44 20 7097 1580
WHY CAUSAL CAPITAL?
Competency training is a new and targetted way to deliver not just knowledge but know how to attendees that maximises their learning.
We lift the technical competency profile of staff so that they can make a true commercial difference to the companies they work for.
Nina Singh | Causal Capital Product Inteligence
Causal Capital has a really strong reputation for delivering quality training programs where participants' learning lasts years after the knowledge transfer has begun. We develop cutting edge masterclasses that addresses the real business problems our attendees face in their day to day work. Our learning is enjoyable, highly instructive, practical and easy to follow and we lift CV of our candidates to a best practice technical level.
All programs are hands on, practical and easy to follow
Materials are available in hard and electronic format
Attendees gain lifetime membership to portal libraries
Technical aspects are explained with real life examples
All our programs come with post workshop support
Real problem solving ... Bring your business problem along
T: +65 6221 7919 | +65 6221 7939
105 Cecil Street, #16-00, The Octagon Suite 1610, Singapore 069534
Registerd Company No.: 200619120E