Using Risk Assessment to Build Individual Audit Programs: Risk-Based Audit Reports and Corrective Action Plans
Overview
Using Risk Assessment to Build Individual Audit Programs: Risk-Based Audit Reports and Corrective Action Plans Overview
Risk assessments are essential to build effective audit programs, and conduct risk-based auditing. This course is Part 4 of the Using Risk Assessment to Build Individual Audit Programs course series.
Topics covered include elements of a risk-based audit report and their visual representation, identification of the “why”, value-added recommendations and strategies, and the inclusion of management responses and corrective actions. It also includes evaluating risk, determining the cause, mitigating steps, involving other organizational units, monitoring, sign-off, updating the risk assessment, and mapping it to audits.
Who Should Attend
Financial, Operational, Business, and IT Auditors interested in broadening their knowledge of risk assessment techniques and principles.
CPE: 7.5
0h 1mWEBVTT
Welcome to using risk
assessment to build individual
audit programs, risk-based
audit reports, and corrective
action plans. Risk assessments
are crucial for constructing
effective audit programs and
conducting risk-based audits.
This course offers elements of
a risk-based audit report,
their visual representation,
identifying the why, and
creating value-added
recommendations. We'll explore
management responses,
corrective actions, evaluating
risks, determining the cause,
and mitigating steps. Other
topics include involving other
organizational units,
monitoring, sign-off, updating
the risk assessments, and
mapping it to audits. Designed
for financial, operational,
business, and IT auditors,
aiming to deepen their
understanding of risk
assessment techniques and
principles. This course
enhances your skill set by
focusing on audit reports and
corrective action plans.
On successful completion,
you'll earn 7.5 CPE credits.
Ready to delve deeper into
risk-based audit reports and
corrective action plans?
Let's begin.
Learning Style
On Demand
Level
Advanced
Includes
Practice Test
Skill Lab
Assessment
Who this course is for
Financial, Operational, Business, and IT Auditors interested in broadening their knowledge of risk assessment techniques and principles.
NASBA Certified CPE
7.5 credits
Field of Study
Auditing
Length of course
7.5h
Advanced Preparation
None
15 Episodes
Here are the topics we'll cover
- Course Overview
- Risk-Based Audit Reports
- Corrective Action Plans
- Updating Risk Assessment
Learning Options
Options for this course
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ACI Learning is registered with NASBA
ACI Learning 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: https://www.nasbaregistry.org/