The Institute of Internal Auditors in a professional guidance statement stated the following:-

‘Internal Audit are being asked to provide much greater assurance to Senior Management than ever before. The Institute believes that the only way to provide such objective assurance is by means of risk-based auditing’.

Audit functions that are able to focus their efforts towards the significant risk in their organizations are able to concentrate their limited resources on the issues which drive business goals and aspirations. In consequence, audit plans are directed at the issues, which really matter.

This course provides all the latest developments. The 2019 course features a case study on the step by step approach to a risk-based audit.

Furthermore, a participative approach whereby auditors and managers work together to identify, assess and control business risks significantly enhances the level of assurance and reduces the chances of nasty surprises – a huge benefit to most organizations.

Some of the Learning Outcomes


Phil Griffiths
Phil GriffithsManaging Director
Business Risk Management Ltd
United Kingdom

Phil Griffiths is founder and CEO of Business Risk Management Ltd, A Chartered Accountant and an Associate of the Institute of Internal Auditors, he has over 30 years’ experience in risk management, internal audit and fraud prevention as practitioner, professional adviser, facilitator and trainer. Phil is regarded as one of the world’s leading experts in the fields of strategic risk management and Internal Audit.

Phil is recognized as an accomplished and charismatic facilitator, trainer and lecturer having advised many renowned organizations, coordinated top-level events and addressed national and international conferences on a wide range of critical business topics. He has led risk management programs for many hundreds of private and public sector clients including, development of risk strategies and facilitated workshops plus assistance with implementation.

He has developed and delivered regular training courses on risk management, fraud prevention and investigation and best practice internal audit across the world.

He is a renowned author – his recent book ‘Risk Based Auditing’ is an international best seller.

Phil has published research into many aspects of internal audit and risk management best practice, including “Strategic Risk management” “The Need to Co-ordinate Assurance Providers” and “The Expectations of Chief Executives towards Internal Audit and its future”.

Feel free to suggest the topics that you would like to learn about at
our Risk Based Auditing In-House Training.

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Request detailed Agenda - Risk Based Auditing In-House Training

Benefits of In-house Trainings

Who should attend?

• Heads of Audit, Audit managers and senior auditors
• Auditors responsible for developing or implementing a risk based approach
• Other assurance professionals such as those in Compliance and QA functions who are wanting to develop their Risk based approach

Our Events were attended by these companies