Opportunity Auditing in The ‘New Normal’

Course Methodology

The risk-based focus being increasingly adopted is universally accepted as the new benchmark for Internal Audit. The flip side of risk however, is opportunity. Specifically targeting significant areas of business opportunities in the audit programme can deliver major measurable benefits to the organisation whilst at the same time reducing the associated risks.

Benefits of Attending

  • Understand the principles and practice of opportunity auditing
  • Plan opportunity and value for money assignments effectively
  • Develop plans to ensure optimum coverage.
  • Provide overall assurance on the opportunity assignment.

Case Studies

This is particularly true if the areas of the business targeted are those which are often overlooked by management. With budgets under even greater scrutiny, demonstrating value for money is more
important than ever. This 2 day course will enable participants to understand the benefits of a opportunity based audit process and how to effectively measure the value added.

  • The Power of Opportunity Auditing
  • VFM Auditing in Practice
Phil Griffiths - Internal Audit Expert, FCA & AIIA, Founder and Managing Director of Business Risk Management Ltd
Phil Griffiths is Founder and Managing Director of Business Risk Management Ltd. Phil is also A Chartered Accountant, has over 35 years experience in risk management, internal audit and fraud prevention as a practitioner, professional adviser, facilitator and trainer. Phil is regarded as one of the world’s leading experts in Strategic Risk Management and Internal Audit. He has led risk management programs for more than 75 private and public sector clients tailored specifically to include facilitated workshops, development of risk strategies and assistance with implementation. Phil has published research into many aspects of internal audit and risk management best practice, including “Strategic Risk management” “The Need to Co-ordinate Assurance Providers” and “The Expectations of Chief Executives towards Internal Audit and its future”. He is an accomplished author & his latest book ‘Risk-Based Auditing’ is an international bestseller.

 

I find the workshop to be very beneficial to me. I will most definitely impart my knowledge to my colleagues. We can now hopefully cut down our time drafting reports. Prasarana Berhad
Phil is one of the most effective presenters I have seen. He maintained interest throughout and his presentation style was excellent.
Coca-Cola
Good workshop! I have gained a lot!
Bank Negara Malaysia
Phil covered the topic thoroughly. The course was pitched at just the right level. It should be mandatory for all auditors.SHELL

Some of the Companies in which Phil Griffiths has trained