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Risk Based Auditing

An Interactive 5-Day Training Course

Risk Based Auditing

Focussing the Audit Attention on the Things that Really Matter

NASBA

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Course Summary

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. In this way the level of assurance you provide can be significantly enhanced

This Risk Based Auditing training course will feature:

  • A world-renowned strategic audit planning tool to enable audit priorities to be set with confidence, and is simple to explain to senior management
  • How to identify over-managed risks during the audit process
  • Techniques to develop an integrated process whereby audit programmes can be linked directly with the risk registers
  • How to ensure that your audit plan is fully coordinated with the other assurance providers in your business
  • A step by step guide to completing a risk-based audit
  • How to challenge management’s evaluation of the risks
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)
  • The ISO 31000 international risk standard
  • Auditing strategic risks
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
  • Auditing the ERM process
  • Assessing the Key risk indicators
Day 3

Risk Based Audit Planning

  • The Internal audit strategy
  • The audit Universe
  • Preparing a strategic audit plan
  • RBA KPI’s
  • Developing the annual plans
  • The use of audit technology (CAAT’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
  • Monitoring of action plans
  • Determining an audit risk and control assessment
Day 5

Risk Based Audits of Complex Activities

  • Auditing brand and reputation
  • Risk based audit of projects
  • Reviewing joint ventures
  • Environmental auditing
  • Auditing the marketing function
  • Auditing performance management
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers

Endorsed Education Provider

NASBA
Options & Brochure
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NASBA

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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