Risk Based Auditing - Recording

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August 25 @ 8:45 am - November 26 @ 3:30 pm

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)

Risk Based Auditing Workshop
Theme: Ensuring objectivity and completeness of Internal Audit Planning
Date: 25th – 26th August 2021
Venue/Platform: Virtual /Zoom

OVERVIEW

Risk-based auditing is a style of auditing which focuses upon the analysis and management of risk.  A traditional audit would focus upon the transactions which would make up financial statements such as the balance sheet. A risk-based approach will seek to identify risks with the greatest potential impact. Risk management is crucial in maintaining an effective internal control system and having effective corporate governance .It considers the risks of failing to achieve audit objectives and the opportunities created by choosing various audit methods and strategies.

The need to manage risks is increasingly recognized as essential to effective corporate governance and to maintaining an effective system of internal control. Internal audit plays a key role in providing assurance that risks to the organization are properly managed. Risk-based auditing links internal audit to an organization’s overall risk management framework.

During this session we will go through various aspects of risk-based auditing and highlight some of the key considerations :-

• Traditional Approach versus Risk Based Internal Audit approach
• Stages of Risk Based Internal Auditing and Implementation of Risk Based Internal audit
• How to prepare Risk Based Internal Audit Plans
• Measuring the effectiveness of Risk Based Internal Auditing
• The COSO risk management framework
• ERM – Enterprise-Wide Risk Management
• Analyzing Risk Maturity
• Model Process for Assessing & Evaluating Risks
• Risk Assessment Tools
• Analyzing Internal Audit Process
• Corporate Governance Risk ,Strategic Risk ,Technology Risk

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 10 Structured CPD Units upon successfully completion of the Webinar.

TARGET AUDIENCE:

Internal auditors, Board members, risk and audit committee chairs and members, Accountants , Chief Risk Officers, Compliance Officers, Audit Officers, Chief Financial Officers, Risk management consultants

FINANCIAL COMMITMENT:
The Webinar charges are Kshs. 10,000. Charges will cater for online video access fees, learning materials, and e-certificates of attendance

ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for webinar is mandatory on https://www.icpak.com/event-registration/Online Booking

We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory.

NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

PARTNERSHIP OPPORTUNITIES
The training presents a perfect opportunity for organizations to showcase their products & services to a target group with high purchasing powers, both on personal and corporate levels. You will also have a unique opportunity for brand positioning and communication that will enjoy optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. For more information or enquiries please email raphael.nguli@icpak.com.

For further inquiries, kindly contact Joy Wanyonyi at joy.wanyonyi@icpak.com with a copy to memberservices@icpak.com. Reach us on call: +254 719 074000/129

We encourage members to regularly visit our website https://www.icpak.com for updates.

Details

Start:
August 25 @ 8:45 am
End:
November 26 @ 3:30 pm
Event Category:

Organizer

ICPAK

Other

Target
Public and Private Sector
CPD Hours
10
Associates Member Cost
Ksh 10,000
Full Member Cost
Ksh 10,000
Non Member Cost
Ksh 10,000
Event Type
Seminar
Status
Open
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About ICPAK

ICPAK is an Institution
mandated to protect and uphold public interest
as well as develop and regulate the accountancy profession in Kenya.

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Contact Information:

P.O BOX 59963-00200,
CPA Center, Ruaraka, Thika road.
Nairobi, Kenya.
Telephone Line (Main) : +254 719 074 000
Mobile: +254 719 074 000
Email: icpak@icpak.com

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