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Professional training course · AGRC-007

Risk-Based Auditing

Risk-based auditing enables organizations to focus audit resources on the areas of highest risk and greatest value. Instead of reviewing activities in isolation, modern…

  • 5 daysClassroom
  • 16Upcoming dates
  • 7Cities
  • £2,250Fees from
View dates & register Get quotation Download PDF
Risk-Based Auditing
Next classroom session Amsterdam 16 - 20 Nov 2026 · £4,250 Next in London London 7 - 11 Dec 2026 · £3,850

Course overview

Why Attend
Risk-based auditing enables organizations to focus audit resources on the areas of highest risk and greatest value. Instead of reviewing activities in isolation, modern auditors are expected to assess strategic, operational, financial, and compliance risks while supporting stronger governance and decision-making. This course provides participants with practical tools to develop risk-based audit plans, evaluate enterprise risk management processes, and conduct effective audits of complex business activities.

Course Methodology
This course uses an interactive and practical approach through presentations, case studies, audit workshops, risk assessments, group discussions, practical exercises, and real workplace examples.

Course Objectives

  • Understand modern risk-based auditing principles
  • Link internal audit with enterprise risk management
  • Evaluate risk management processes and controls
  • Develop strategic and annual audit plans
  • Apply risk-based auditing techniques in practice
  • Use audit technology and data tools effectively
  • Audit complex and high-risk activities
  • Deliver value-added audit recommendations

Target Audience

  • Internal Auditors
  • Audit Managers
  • Risk Management Professionals
  • Compliance Officers
  • Governance Professionals
  • Finance Controllers
  • Anyone involved in assurance and control functions

Target Competencies

  • Risk-Based Auditing
  • Internal Audit Planning
  • Risk Assessment
  • Control Evaluation
  • Audit Reporting
  • Strategic Thinking
  • Governance Review
  • Performance Analysis

Course outline

  1. 1Day 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
    • Importance of dealing with audit risks, not only business risks
    • RBA and ERM (Enterprise Risk Management)
    • ISO 31000 international risk standard
    • Auditing strategic risks
  2. 2Day 2: Evaluating the ERM Process
    • Risk workshops
    • Other methods of risk identification
    • Root cause analysis and Monte Carlo analysis
    • Assessment of risk mitigation
    • Determining preventative, detective, and corrective controls
    • Auditing the ERM process
    • Assessing key risk indicators
  3. 3Day 3: Risk Based Audit Planning
    • The internal audit strategy
    • The audit universe
    • Preparing a strategic audit plan
    • Risk-based audit KPIs
    • Developing annual audit plans
    • Use of audit technology (CAATs)
  4. 4Day 4: Risk Based Auditing in Practice
    • Planning a risk-based audit and initial brainstorming
    • The risk-based audit step by step
    • The RBA programme worked example
    • RBA deliverables
    • Monitoring action plans
    • Determining audit risk and control assessment
  5. 5Day 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

Schedule

Dates and fees

16 upcoming dates in 7 cities. Fees are per delegate; bring colleagues and every seat is discounted.

All dates as PDF
November 2026
16NOV 16 - 20 Nov 2026Mon to Fri · 5 daysNext session
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
December 2026
7DEC 7 - 11 Dec 2026Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£3,850per delegate2+ people: £3,080 each
Register
14DEC 14 - 18 Dec 2026Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£4,250per delegate2+ people: £3,400 each
Register
21DEC 21 - 25 Dec 2026Mon to Fri · 5 days
Malaysia flag Kuala LumpurMalaysia · Classroom
£2,850per delegate2+ people: £2,280 each
Register
January 2027
4JAN 4 - 8 Jan 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
Register
February 2027
1FEB 1 - 5 Feb 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
Register
March 2027
1MAR 1 - 5 Mar 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
April 2027
5APR 5 - 9 Apr 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
Register
May 2027
3MAY 3 - 7 May 2027Mon to Fri · 5 days
France flag ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
Register
June 2027
7JUN 7 - 11 Jun 2027Mon to Fri · 5 days
Spain flag BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
Register
July 2027
5JUL 5 - 9 Jul 2027Mon to Fri · 5 days
Germany flag MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
Register
August 2027
2AUG 2 - 6 Aug 2027Mon to Fri · 5 days
Malaysia flag Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
Register
September 2027
6SEP 6 - 10 Sep 2027Mon to Fri · 5 days
Netherlands flag AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
Register
October 2027
4OCT 4 - 8 Oct 2027Mon to Fri · 5 daysOur home city
United Kingdom flag LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
Register
November 2027
1NOV 1 - 5 Nov 2027Mon to Fri · 5 days
France flag ParisFrance · Classroom
£4,500per delegate2+ people: £3,600 each
Register
December 2027
6DEC 6 - 10 Dec 2027Mon to Fri · 5 days
Turkey flag IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
Register

Questions

Frequently asked questions

How long is the Risk-Based Auditing course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Risk-Based Auditing course?

The next public date is 16 - 20 Nov 2026 in Amsterdam. There are 16 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Amsterdam, London, Barcelona, Kuala Lumpur, Istanbul, Paris, Munich.

How much does the course cost?

Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

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