Significant Coverage in your
Risk Based Audit Masterclass
Masterclass value proposition
This page is dedicated to the leading Certified Risk Based Audit masterclass that takes place each year. This year we are in Muscat.
Attendees can become Certified through The London Shool of Business allowing them to put these credentials 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.
" 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 "
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
Martin | 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.
Martin walks through this very easy to follow RBA process that has been designed to help auditors move into a Risk Based Audit with ease. Participants receive the paper and a detailed book on Risk Based Audit.
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.
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
Meet the IIA recomendations with this program.
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
Ask your advisor a question
"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