Risk Based Audit Based on The New Global Internal Audit Standards
Location: Haroon Hotel – Tripoli – Libya
Date: December 15-19, 2024
Time: 9:00 AM till 3:00 PM
Background:
Internal auditing is vital for enhancing organizational value by providing independent assurance on governance, risk management, and control processes. With increasing complexity in today’s business environment, internal auditors must adapt to meet emerging challenges.
The 2024 Global Internal Audit Standards by the IIA offer a unified framework that emphasizes a risk-based approach, aligning audits with organizational objectives and risks. This ensures resources are focused on
areas of highest impact, delivering actionable insights to stakeholders.
Risk-based auditing prioritizes identifying and assessing critical risks that may hinder organizational success. It empowers auditors to enhance decision-making by aligning audit efforts with strategic goals.
This workshop introduces the principles of the 2024 standards and equips participants with tools to master risk-based auditing, ensuring impactful audits that drive value and improve performance.
Risk Based Audit Based on The New Global Internal Audit Standards – Haroon Hotel – Tripoli – Libya – 15 -19 December 2024
The workshop will include interactive sessions, case studies, group discussions, and practical exercises to help participants implement the standards effectively.
Objectives:
The workshop aims to equip internal auditors with the skills and knowledge necessary to:
1. Understand and Apply the 2024 Global Internal Audit Standards
2. Gain indepth knowledge of the latest global standards and their practical application.
3. Master Risk Based Audit Techniques
4. Learn to identify, assess, and manage risks effectively to align with organizational objectives.
5. Enhance Governance, Risk, and Control Processes
6. Strengthen the ability to support decision-making by integrating effective governance and controls.
7. Develop Advanced Reporting Skills
8. Create impactful audit reports and communicate findings effectively to stakeholders.
9. Leverage Emerging Technologies in Auditing
10. Explore the use of data analytics, AI, and continuous auditing to enhance audit efficiency.
11. Foster a Culture of Continuous Improvement
12. Implement quality assurance and improvement programs for sustainable success in internal auditing.
Target Participants:
• Internal Auditing managers and employees in banks
• External auditors
• Corporate governance managers and employees in banks
• IT managers and employees in banks
• Digital transformation managers and employees of in banks
• Cybersecurity managers and employees in banks
• Risk managers and employees in banks