Using Risk Assessment to Build Individual Audit Programs: Risk Assessments and Strategic Plans

Audit

Risk

Length: 2h 42m modules icon

Modules: 4 episodes icon

Episodes: 10On DemandAdvanced5 CPE Credits

Course Overview

In this course, participants will learn how to use risk assessment techniques and principles to build and conduct risk-based and value-added audit programs. It explores progressive approaches to assessing risk and determining the most appropriate strategies to build targeted audit programs for organizations and audit units. Attendees will learn how to build audit programs that will encompass an evaluation of a wider spectrum of risks: financial, information systems, regulatory and compliance, human resources, health & safety, operational effectiveness and efficiency, and reputational risks. Through case studies and other interactive approaches, participants will have an opportunity to be hands-on in working through various scenarios. Finally, participants will learn effective approaches to include sustainable risk-mitigation and corrective action strategies in the report and ongoing monitoring efforts. Attendees will emerge from this course with a toolbox of proven implementable approaches that will enhance any internal audit function to generate high-value and high-impact outcomes. This course focuses on the uses and users of risk assessments, and how risk assessments relate to organizational goals, vision, mission, and strategic plans. It also covers compliance and regulatory requirements, compliance reports and submissions, responsible parties, and strategies for monitoring. CPE: 5

Who This Course is For

Financial, Operational, Business, and IT Auditors interested in broadening their knowledge of risk assessment techniques and principles.

Why You Should Take This Course

Financial, Operational, Business, and IT Auditors interested in broadening their knowledge of risk assessment techniques and principles.

Prerequisites

Risk Audit School Risk Assessment Using Data Analytics

or equivalent experience

Advanced Preparation

None

Using Risk Assessment to Build Individual Audit Programs: Risk Assessments and Strategic Plans Overview

Here are the learning objectives we’ll cover

Course Overview
What is Risk Assessment?
Strategic Plans
Organization's Risk Assessment

Achieve Compliance, Efficiency,
and Career Growth

AuditPro is built for busy auditors who need practical, high-quality training:

Effortless CPE Compliance: Fulfill annual requirements with flexible courses, saving time and avoiding last-minute rushes – users often complete 20-40 CPEs per year effortlessly.
Enhanced Audit Outcomes: Gain practical skills in risk management and fraud prevention, leading to more effective audits and reduced organizational risks.
Career Advancement: Build expertise in high-demand areas like cybersecurity auditing and ERM, with reported outcomes including promotions and higher salaries for certified pros.
Cost Savings: At $1,600/year, get premium, ISO 27001-certified training that's more affordable and convenient than in-person seminars or conferences.

AuditPro goes beyond basic training— it’s your partner for delivering high-impact audits and staying ahead in a regulated world

Get transparent access to a comprehensive training suite. AuditPro offers on-demand, NASBA-approved audit training with engaging video content, and integrated assessments.

Core Content: 200+ courses totaling 900+ hours, including Internal Audit Fundamentals (23–32 CPEs), IT audit and cybersecurity, risk and fraud, leadership and ethics, and other specialized topics.

CPE Details: Earn 2-40 CPE credits per eligible course; Automatically earn and track NASBA-approved credits upon completion, with certificates for your records.

Expert Instructors: Learn from seasoned audit leaders with real-world experience in compliance, risk assessment, and IT security.

Modular and Flexible: Self-paced modules with integrated assessments, user dashboard for progressing tracking, and mobile compatibility for learning on your schedule.

ACI Learning is registered with NASBA

ACI Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

Attendance policy for on-demand, self-paced training

Students enrolled in on-demand, self-paced courses are expected to take an active role in their learning by progressing through the course materials in a timely and consistent manner. Because these courses are self-directed, full completion of all modules, videos, labs, and assessments with a passing score of 70 are required to receive credit and any applicable CPEs. Learners are encouraged to set a regular study schedule to stay on track and maximize comprehension. CPE credits will be awarded based on the total course hours and verified completion of all required activities.