Transform how you identify, assess, and manage risk within your organization. Our intensive two-day training goes beyond theory to equip you with practical tools that drive measurable results.
WHY THIS TRAINING MATTERS
- Multi-Framework Excellence: Master the integration of COSO with ISO 31000, the Three Lines Model, and emerging GRC best practices for comprehensive risk control.
- Behavioural Risk Focus: Unique insights into human factors affecting control effectiveness that most training programmes overlook.
- Resource Optimization: Learn quantitative approaches to allocate limited resources for maximum risk coverage.
- Practical Application: Convert theoretical knowledge into actionable implementation strategies.
COURSE HIGHLIGHTS
DAY ONE: INTEGRATED FRAMEWORK FUNDAMENTALS
- Comprehensive overview of the five components of internal control across multiple frameworks
- Interactive workshops mapping controls to COSO components and ISO 31000 principles
- Latest framework updates explained (including Three Lines Model 2020)
- Enterprise Risk Management integration strategies
- EXCLUSIVE SEGMENT: Behavioural Risk Management – Understanding human factors in control failures
DAY TWO: INTERNAL AUDIT APPLICATION
- Risk-based resource allocation models
- Quantitative approaches to resource optimization
- Techniques for prioritizing control assessments using COBIT and NIST principles
- Balancing preventive vs. detective controls
- Data analytics for identifying high-priority control areas
- Practical action planning for your organization
WHO SHOULD ATTEND
- Internal Audit Professionals
- Risk Managers and Officers
- Compliance Specialists
CPE
You will receive 14 CPE credits for CIA, CRMA and Diplomert internrevisor for attending this course.
INSTRUCTOR
James C. Paterson is former head of audit for AstraZeneca PLC and has been consulting and training for the past 10 years for the IIA in Belgium, Finland, Luxembourg, Netherlands, Norway, Switzerland and the UK.
He is the author of the book “Lean Auditing” and Root Cause Analysis and System Thinking and has spoken at several IIA International Conferences and also the ECIIA conference. He contributed to the IIA global team that worked on developing practice guidance for internal audit plans.
