Risk-Based Audit: Enhancing Assurance Through Strategic Risk Alignment
Overview:
As organizations navigate increasingly complex risk landscapes, internal audit functions must evolve beyond checklist approaches and adopt risk-based methodologies that focus on what truly matters. A risk-based audit framework enables auditors to prioritize high-risk areas, align with organizational objectives, and provide meaningful assurance to executive leadership and boards.
This conference will explore the principles, tools, and best practices for implementing and maturing a risk-based audit approach. Sessions will cover risk identification and scoping, audit planning, stakeholder engagement, audit analytics, and the integration of enterprise risk management (ERM) with audit strategies. Attendees will also gain insights into real-world applications of risk-based audit in the public sector, government agencies, and corporate environments.
The event will emphasize the auditor’s evolving role as a strategic partner and advisor, not just a compliance checker — empowering internal audit teams to drive performance, governance, and accountability.
Who Should Attend
• Chief Audit Executives and Internal Audit Managers
• Risk Management Professionals
• Compliance and Control Officers
• Government and Public Sector Audit Teams
• Audit Committee Members
• Consultants and Governance Advisors
Key Takeaways
• Learn how to design and implement a risk-based audit framework
• Understand how to align audit priorities with enterprise risks
• Improve audit effectiveness through risk assessment tools and analytics
• Explore the integration of ERM and internal audit functions
• Gain insights into reporting value-driven audit outcomes to stakeholders
Conference Topics:
• Understanding the Principles of Risk-Based Auditing
• Aligning Internal Audit Plans with Enterprise Risk Priorities
• Identifying and Assessing Emerging Risks in a Dynamic Environment
• Using Risk Appetite and Tolerance to Guide Audit Focus
• Leveraging Data Analytics in Risk-Based Audits
• Integrating ESG and Cybersecurity Risks into Audit Frameworks
• Enhancing Collaboration Between Risk Management and Internal Audit
• Communicating Risk-Based Audit Findings to Executive Leadership and Boards
• Case Studies on Implementing Effective Risk-Based Audit Programs
• Building Audit Team Capabilities for Strategic Risk Focus