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Course Overview

Risk and compliance are critical areas where strong auditing practices ensure accountability, resilience, and regulatory alignment. This Auditing Risk and Compliance Practices Training Course provides participants with frameworks, tools, and real-world approaches to strengthen governance and reduce vulnerabilities.

Through interactive case studies, simulations, and group discussions, participants will learn how to evaluate compliance programs, assess risks, and conduct effective audits. The course emphasizes both regulatory requirements and best practices for achieving long-term organizational sustainability.

By the end of the course, participants will be equipped to identify compliance gaps, mitigate risks, and strengthen audit reporting to support executive decision-making.

Course Benefits

• Gain practical knowledge of auditing risk and compliance functions.

• Learn frameworks for effective governance and accountability.

• Strengthen skills in internal controls and risk-based auditing.

• Enhance the ability to detect and address compliance gaps.

• Build confidence in preparing for regulatory audits and reviews.

Course Objectives

• Understand the role of auditing in risk and compliance oversight.

• Apply risk-based auditing techniques to enhance assurance.

• Evaluate compliance frameworks against regulatory standards.

• Strengthen internal control systems to mitigate risk.

• Develop effective audit reporting for decision-makers.

• Identify fraud indicators and misconduct red flags.

• Improve audit readiness for regulatory and external reviews.

Training Methodology

The course combines lectures, case-based exercises, workshops, and interactive group discussions. Participants will practice applying auditing and compliance concepts to real-world organizational scenarios.

Target Audience

• Internal and external auditors.

• Compliance and risk managers.

• Governance and control professionals.

• Executives responsible for audit and compliance oversight.

Target Competencies

• Risk-based auditing.

• Compliance evaluation.

• Fraud and misconduct detection.

• Governance and accountability frameworks.

Course Outline

Unit 1: Principles of Auditing Risk and Compliance

• The role of auditing in governance.

• Compliance functions and responsibilities.

• International standards for audit and compliance.

• Case study: organizational compliance failures.

Unit 2: Risk-Based Auditing Practices

• Assessing risks and prioritizing audits.

• Developing a risk-based audit plan.

• Tools and frameworks for risk evaluation.

• Aligning audits with strategic objectives.

Unit 3: Evaluating Compliance Programs

• Elements of effective compliance frameworks.

• Monitoring and testing compliance effectiveness.

• Using technology for compliance monitoring.

• Common compliance gaps and mitigation strategies.

Unit 4: Internal Controls and Fraud Detection

• Designing and testing internal controls.

• Identifying fraud risks and red flags.

• Investigative approaches for auditors.

• Case examples of fraud and compliance breaches.

Unit 5: Strengthening Audit Reporting and Readiness

• Communicating audit findings to stakeholders.

• Preparing for external audits and inspections.

• Enhancing transparency and accountability.

• Building a proactive compliance culture.

Ready to advance your auditing and compliance skills?
Join the Auditing Risk and Compliance Practices Training Course with EuroQuest International Training and enhance your ability to manage risks and ensure compliance.