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Why This Course?

Risk Based Audit (RBA) approach should constantly evolve in tandem with the changes taking place in and around the corporation we serve as the preferred assurance partner. The increasing demand for higher standard of assurance practices further fuel the needs to re-examine the thoroughness and adequacy of the RBA approach adopted to yield the desired assurance outcome from our stakeholders.

 

One crucial aspect of the RBA approach is to assess the design and implementation of controls against risks identified. In this regard, the challenge remains whether the right controls are being identified and scrutinized. Could there be any blind-spots such as effectiveness of oversight, change management practices or other soft controls that were not adequately reviewed or reported?

 

This course aims to sharpen the skills and increase focus of the participants on critical aspects of controls which we sometimes tend to overlooked or dare not venture into. Technique to embed COSO elements throughout the assurance review process (i.e. planning, execution and reporting) will also be shared with the participants using the facilitator’s widely accepted one-stop RBA template.

Learning Outcomes

Learn the technique for better integration of RBA & COSO 2013 in audit planning, execution and reporting

In-depth application knowledge and technique of COSO 2013 using RCM

Understand critical considerations for Risk Assessment & Be Guided by COSO 2013

Use COSO 2013 to enhance Control Adequacy & Effective evaluation

Improve Root Cause identification and reporting using COSO 2013

Present Assurance Report with COSO-driven assessment

Curriculum

Fitting Risk Based Audit Methodology into the Larger Picture of Assurance Today

Case Illustration: Risk-based Thinking in Real Corporate Situation

Institute of Internal Auditor’s Position on RBA

Issues and Challenges in Adopting RBA Approach

Revisit COSO Framework: Linking COSO to Real Corporate Scenario

Why COSO?

Embedding COSO in RBA Planning: Carving a Holistic RBIA Plan and Strategy

Embedding COSO in RBA Execution: Increasing Breadth and Depth of Internal Control Coverage

Embedding COSO in RBA Reporting: Integrating RBA and COSO for Overall Conclusion and Opinion

Pricing

Introductory Price Plan

On-Demand Animated Learning

Unavailable

  • Animated videos (Special link to access)
  • Reading materials (pre-course)
  • Learning reinforcement for individual modules
  • Quizzes and tests (post-course)
  • FOC LIVE Q&A session with the trainer (post-course) 
  • Summary report for quizzes and tests (post-course)
  • Course completion certificate
11

Live Webinar

Unavailable

  • Live Webinar session (including case studies and Q&A session)
  • Reading materials (pre-course)
  • Learning reinforcement for individual modules
  • Quizzes and tests (post-course)
  • Summary report for quizzes and tests (post-course)
  • Course completion certification

*There will be short breaks and lunch allocated at appropriate intervals

Individual: RM

Classroom

Unavailable

  • Face-to-face learning (including case studies and Q&A session)
  • Reading materials
  • Learning reinforcement for individual modules
  • Quizzes and Tests 
  • Summary report for quizzes and tests (post-course)
  • Course completion certificate
Individual: RM
Individual RM RM RM
Group Price Structure
No. of Participants Fee Per Participants
(On-Demand Animated Learning)
Fee Per Participants
(Live Webinar)
Fee Per Participants (Classroom)
2-5
6-10
11-15
16-20

For groups more than 20 person, please email us at hello.learninghub@centegy.com.my

Trainer's Profile

Steven Yee is a professional member of the IIA (Institution of Internal Audit) Malaysia and MICPA (Malaysian Institute of Certified Public Accountants). He obtained his professional training in the Assurance and Business Advisory unit of PwC Malaysia from 1993–2003. He is the founder and Managing Director in Centegy Governance Consulting Group, a boutique consulting firm that provides a range of Governance, Risk & Control (GRC) Assurance services to corporations in the ASEAN region.

Steven has headed various IA, Risk and Compliance functions in different industries with reporting lines to Board Audit & Risk Management Committees and CEOs over the past 15 years. Through his practical experience and passion, he brings an appreciation of the disciplined approach and innovation required to deliver consistent and insightful assurance results to the clients. Steven is also a seasoned and enthusiastic trainer on GRC related subjects in the region and is a panel trainer with the IIA Malaysia since 2005.

Related Courses

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Advanced Risk Based Audit (RBA) Methodology Application: Embedding COSO for Greater Wins

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    Malayan Banking Berhad (3813-K)

    Ground Floor, Wisma Sime Darby, Jalan Raja Laut

    50350 Kuala Lumpur, Malaysia (SWIFT CODE: MBBEMYKL)

    Bank a/c no: 5142 9913 1738 (Centegy Governance Advisory Sdn Bhd) 

     

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    The organiser reserves the right to make any amendments that it deems to be in the interest of the event without any notice.