Why This Course?
Strategic risk auditing and reporting have been gaining popularity amongst the Board Audit Committee and Senior Management of large and reputable organizations in recent times.
The Assurance team is faced with considerable variety and ambiguity in undertaking this type of ‘value-adding’ audit assignment as it requires a higher level of strategic and critical thinking ability and competency. The Assurance team would need to be familiar with a wide range of organizational subject matters such as strategic management model, strategic risks evaluation including emerging risks, embedment of strategies in operational objectives and plans and many more.
Curriculum
- What is Strategy?
- How is strategy translated to operational objectives and plans?
- Being strategic means?
- The relevance of being ‘Strategic’ to Risk-Based Auditing and Compliance Auditing approach.
- How to identify Strategic Risks and Controls?
- Applying Risk Based Auditing (RBA) to evaluate the adequacy and effectiveness of Strategic Risks management.
- Reporting of Strategic Risks : Considerations & Data/Information required.
Learning Outcomes
Understanding Strategic Risks: Gain a clear definition of strategic risks and how they differ from operation, financial and compliance risks.
Assessment Techniques: Master techniques for evaluation the effectiveness of strategic risk management practices, including SWOT analysis and scenario planning.
Risk Identification: Develop skills to identify and assess strategic risks within an organization’s strategic objectives and environment.
Data Analysis: Enhance your ability to analyze data and trends that may impact strategic risks, using both qualitative and quantitative methods.
Reporting Findings: Improve skills in reporting audit findings clearly and effectively, emphasizing strategic implications for stakeholders.
Modes of Learning
In Person
In-person Training
- Face-to-face Learning : including case studies and illustration
- Reading Materials
- Training Toolkit for each participant
- Course Completion Certificate
*There will be short breaks and lunch allocated at appropriate intervals
Webinar
Coming Soon
- Live Webinar Session : including case studies and Q&A session
- Reading Materials : pre-course
- Course Completion Certification
*There will be short breaks and lunch allocated at appropriate intervals
Professional. Insightful. Trusted.
Discover the professional background and core strengths behind our training approach.