Risk-Based Auditing Training Course

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900

Overview

Most Internal Audit functions would say that their functions have adopted a risk-based approach, but very few have fully embedded this process and added measurable value. By attending this Risk-Based Auditing training course, you will learn how to take your Audit approach to the next level by developing a strategic audit plan to clearly identify what to audit (and how often) and also deliver fully integrated risk-based audit assignments.

Learning Objectives

• Deliver financially measurable value from the risk-based audit process
• Audit major areas of risk in your business with confidence
• Challenge the risk process (by ensuring that inherent, residual and target risk is identified for each event)
• Evaluate business risk appetite and ensure this is effectively managed
• Plan risk-based assignments efficiently and effectively

Who Should Attend

Anyone that needs to fully understand the risk-based audit approach – or to take their existing approach to the next level. This Risk Based Auditing training course is suitable to a wide range of professionals but will greatly benefit:

• Heads of Audit
• Audit managers
• Senior auditors and team leaders
• Auditors

Course Outline

Day 1 — Risk Based Auditing in the Modern Era

• The modern risk-based audit (RBA) approach
• How risk-based audit has changed the face of auditing
• The importance of dealing with the audit risks not just the business risks
• RBA and ERM (Enterprise risk management)

Day 2 — Evaluating the ERM (Enterprise Risk Management) Process

• Risk Workshops
• Other methods of risk identification (including root cause analysis and Monte Carlo analysis)
• Assessment of Risk Mitigation
• Determining the preventative, detective and corrective controls

Day 3 — Risk Based Audit Planning

• The Internal audit strategy
• The audit Universe
• Preparing a strategic audit plan
• RBA KPI’s

Day 4 — Risk Based Auditing in Practice

• Planning a risk-based audit (Initial brainstorming)
• The risk-based audit step by step
• The RBA programme – worked example
• The RBA deliverables

Day 5 — Risk Based Audits of Complex Activities

• Auditing brand and reputation
• Risk based audit of projects
• Reviewing joint ventures
• Environmental auditing

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
1–5 November 2026	Dubai, UAE	Public	5 days	3,900

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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