Significant Coverage in your Assessments
Risk Based Audit Masterclass
" A certified deep dive masterclass that walks auditors through the journey of a Risk Based Audit from start to finish.
You will improve the quality, coverage and significance of your audits after attending this highly practical workshop "
This 4 Day Risk Based Audit Masterclass has been designed for auditors to take them through the various steps required to perform a complete best practice Risk Based Audit. This workshop investigates and develops the knowledge of auditors in the context of risk. It will show attendees how to apply risk assessment processes in an operational audit.
This page is dedicated to the leading Certified Risk Based Audit masterclass that takes place each year.
Attendees can become Certified through The London Shool of Business allowing them to put these credentials on their CV
This is a fantastic chance to meet other leading auditors in the gulf, share audit assessment ideas while improving your knowledge in this complex area of corporate governance.
All certified members receive indefinite access to an online portal that becomes their own library of reading material, unlocked and ready to use.
Masterclass value proposition
This course is worth 32 CPE credits by field of study:
Business Mgmnt & Org:
4 CPE points
8 CPE points
12 CPE points
6 CPE points
2 CPE points
This course is certified by:
Causal Capital Pte Ltd is 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. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
National Registry ID #138370. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.
Key Pillars of a Risk Based Audit
Detailed Control Assessment
Sampling & Audit Reports
Design taxonomy to frame assessments
ISO 31000 front to back
New release of COSO applied to audits
Assess Risk Appetite in an audit context
Road map for Risk Based Audit explained
How to plan a Risk Based Audit
Map a business unit for an audit
Develop a risk registry to audit against
Capture control network factors
ISO 31010 audit assessment techniques
Bowtie, SNEAK, Fault Trees explained
Root Cause Analysis Case Study
Develop a CSA questionnaire
Assess material risks with Monte Carlo
New audit score techniques explained
Connect operating audits to finance
Explore new audit heat maps
Report coverage & governance in audits
Go beyond three lines of defense
Develop new coverage sampling methods
Case Study Transaction Auditing
Case Study Control Factor Reporting
Continuous Risk Based Audit Explained
Review leading best practice audit reports
Build a Risk Based Audit database
Build a Risk Based Audit dashboard
Become certified by LSBF
All about you
Who is suitable for this?
Become a certified in performing a Risk Based Audit with London School of Business
Latest IIA and best practices for operational audits explained
Explore new ways to evaluate and assess control effectiveness
Mr. Martin Ashe
Risk Specialist - Markets, Wealth, Financial Services
Martin headed the Asian operations of, a software house where he focused on financial systems in banking, broking and asset management. He designed a commodity futures trading and monitoring system and was involved in the development of a treasury management system. He moved to mainstream asset management, first with Macquarie Bank in Sydney, Australia, where he was responsible for the product management of their cash and fixed interest investment products. He then moved to Hong Kong and spent 4 years working for the Rothschild family as their marketing director. Later, back in Australia, as General Manager of Challenger International, he implemented the first organisation wide Operational Risk Management program for the Group. He later headed their retail funds management business. Martin has also worked with Oxley Capital, a Singapore based boutique investment firm. Initially he headed a fund management joint venture with an Indonesian life company. Later, as COO, he was responsible for ensuring Oxley had adequate Compliance policies & procedures in place in Singapore & for their Australian fund management license.
Martin is a Fellow of Finance (FFin) through the Financial Services Institute of Australia (Finsia) and is a past vice chairman of the Unit Trust Association of Australia – now the Financial Services Council. He has served on a number of financial service company boards.
Since April 2012 Martin has consulted to Wealth Management & Listed Property (REIT) Managers and is a “Responsible Manager” for a number of Australian Financial Service License holders as well as sitting on a number of investment committees. He also conducts a range of Finance, Wealth Management & Risk training programs through Causal Capital.
Risk Framework Architect
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.
Mr. Martin Davies
Meet the IIA recommendations
Meet the IIA recomendations with this program.
Auditors will ...
Improve the quality of their audits
Be more effective with the coverage of their audit reports
Generate audit reports which are significant to most recent threats
IIA on Risk Based Audit
Richard Chambers, President of The Institute of Internal Auditors discusses the importance of moving internal audit functions to a Risk Based Audit.
The course facilitator, Martin Davies, will walk through this very easy to follow RBA process that has been designed to help auditors move into a Risk Based Audit with ease.
Participants will receive this white paper and a detailed book on Risk Based Audit.
Customise and build your own training. Request topics by filling out the form and telling us what you would like to see in your masterclass.
We consider all requests and ...
We can add topics into the program.
We can focus on specific industry case studies if you wish.
We can adapt any part of this training to meet you exact needs.
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!
For more information, please be in touch with our Causal Capital Advisor:
Team Leader - Professional Development Advisory
+44 20 7097 1580
"Martin walks the class through the entire space of risk based audit, every day is so fascinating"
Head of Audit | Malaysian Bank
Senior Auditor | Qatar Bank
"This masterclass has been one of the most insightful and enjoyable audit workshops I have attended"
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