Key details

Cost: $230 (inc. GST)

Duration: 45 Minutes

About the course

Our 45-minute Introduction to Risk-Based Auditing eLearn offers a beginner-friendly guide to prioritising audit activities based on high-risk areas, helping you transition from traditional auditing methods to a more impactful, value-driven approach. Gain valuable insights and enhance your organisation’s effectiveness by focusing your audits on what matters most with the risk-based approach.


Course Highlights

Topics we cover include:

  • Traditional vs. Risk-Based Auditing: Learn the key differences between a traditional and risk-based auditing approach and the basics of each method.
  • Applying Risk-Based Auditing: Discover how to apply the concept of risk-based audit resources across your organisation.
  • When to Use Each Approach: Learn how to align your audit strategy with your organisation’s risk management process, and when to take a risk-based or traditional approach.
  • Pros and Cons of Risk-Based Auditing: Explore the advantages and disadvantages of adopting risk-based audit approaches in your organisation.

Whilst this training package uses the word “audit” and its derivatives, this does not equate with the terms audit, review, or assurance in accordance with Pronouncements or Standards issued by the Australian Auditing and Assurance Standards Board. References to the term “audit” and similar terminology within this training relate to the process of auditing in accordance with ISO 19011:2026.


    Enrol today to start building a solid foundation in risk-based auditing that adds greater value to your organisation.

     

    Our training is different because

    Gain practical knowledge and skills that can be immediately applied in your organisation.

    Engage with the content at your own pace, anytime and anywhere.

    Expertly designed content developed by industry leaders.

    Receive a certificate of completion for each course, enhancing your professional credentials.

    Each course is affordably-priced and offers great value for high-quality training.

    Secure your place now and give your organisation a competitive edge

    Course overview

    After completing the Introduction to Risk-Based Auditing course, you will:

    • Understand the fundamentals of risk-based auditing and how it differs from traditional methods.
    • The dos and don’ts of risk-based auditing. Learn how to align your audits with your organisation’s risk management processes.
    • Be able to conduct a risk-based audit using five structured steps.

    There are no prerequisites for this course.

    This course is designed for new or current internal auditors and anyone looking to strengthen their auditing skills and make a meaningful impact within their organisation. It’s ideal for:

    • Auditors Seeking to Broaden Their Expertise
      Gain a beginner-friendly introduction to risk-based audits and take your knowledge to the next level.
    • Professionals Focused on Best Practices
      Gain deeper insights and add greater value to your organisation with the risk-based approach. 
    • Teams and Organisations Driving Efficiency
      Focus audits on identified risks to improve overall effectiveness and align with organisational objectives.

    Whether you’re an internal auditor, a member of senior management overseeing the audit process, or part of a team striving to refine your risk assessment approach, this course equips you with practical skills and insights to elevate your audits.

    This module assumes prior knowledge/experience with auditing and auditing processes. It is designed to build on your existing auditing knowledge by providing an overview of the risk-based approach. 

    We can help upskill yourself, your team, or your entire organisation. Contact us to find out more. 

    Once you’ve completed this course, take your skills to the next level with our 2-day Becoming a Skilled Lead Auditor course. This programme offers covers: a  deeper exploration of risk-based auditing, covering:

    • the benefits of a risk-focused audit programme
    • effective audit planning
    • key auditing principles and procedures in accordance with ISO 19011.

    Price

    Regular price per module per user: (AUD) $230 (inc. GST).

    How to enrol

    You can enrol in the course via the Book Now button on this page. Enter your billing information and receive immediate access to the course content. Contact us for group bookings.

    How to pay

    Pay via credit card when enrolling online. Please contact us on 1300 95 96 92 for other payment options, if required. 

    Delivery

    Public – Face to face

    Our regular public courses are conducted in capital cities and key regional centres in Australia and New Zealand. You will enjoy an excellent learning experience in a premium training venue, and;

    • We never cancel courses – book with confidence
    • Class sizes are kept to manageable numbers – so everybody learns
    • No homework or take-home assessment! All work is completed in course time – we know you’re busy
    • No major exam – we assess you as you go

    Public – Virtual/Online

    In response to COVID-19 and social distancing, we’ve developed an online digital classroom to deliver our courses virtually and keep the interaction and engagement between trainer and participants. Our virtual training platform incorporates:

    • Group exercises – facilitated by mini break out workshops amongst the team
    • Ability to ask questions in real time
    • Built in note taking and tracking of course materials
    • You can interact with participants throughout the session through a chat functionality
    • Online assessments providing a streamlined marking process

    Our aim is to recreate the classroom experience in a safe, virtual environment, maintaining the fun and engaging experience our clients find useful and valuable.

    In house – Face to face or virtual

    In house training can provide a cost-effective training solution for organisations with a number of staff who require training. We can also customise a course to suit your own individual needs, and include your own audit documentation. Call us on 1300 95 96 92 for a quote and to discuss your individual training needs.

    This concise learning module is designed to be completed in approximately 45 minutes, providing a focused, efficient way to deepen your understanding of key topics.

    You’ll have three months of access, allowing you to revisit and reinforce your knowledge as needed within this timeframe.

    Enrol Now - eLearn

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    FAQs

    What is risk-based auditing?

    Risk-based auditing focuses on identifying and addressing the highest organisational risks, ensuring your audits deliver maximum value and align with your organisation’s risk management framework.

    Is this course suitable for beginners?

    This module assumes prior knowledge or experience of risk-based internal auditing and auditing processes. It is designed to build on your existing auditing knowledge by providing an overview of the risk-based approach. 

    How long will I have access to the course?

    You’ll have three months of access, giving you plenty of time to revisit key concepts, such as risk identification and audit processes.

    Who benefits from this course?

    Anyone can benefit from this course as it is an introduction to risk-based auditing, meaning that it can be applied in various situations. Those who benefit from improving their risk management skills include:

    • Professionals: Individuals in industries such as construction, healthcare, and finance, which often face high-risk exposure, can gain valuable risk management strategies to apply in their work environments.
    • Managers: Managers serve as the primary point of contact for emerging risks in the workplace, making it essential for them to understand how to effectively control and resolve these issues in a timely manner.
    • Business Owners: Owning a business involves numerous aspects that require protection. Learning to identify risks early enables business owners to stay one step ahead and operate successfully.

    Secure your place now

    Book now

    Take the first step toward mastering Introduction to Risk-Based Auditing today.

    Enrol now

    What our students say about our courses

    “The virtual classroom coupled with an enthusiastic trainer made the course easy to run through and as good as any face-to-face courses I have ever attended.”

    “Honestly thought it was gonna be boring. I was very wrong! Very engaging and informative. Loved all 5 days and will be back for more courses!”

    “Let’s be honest – ISO standards aren’t exactly edge-of-your-seat material. But this course proved that with the right coach, even clauses and compliance can be compelling! Packed with real-world examples, well-paced sessions, and just the right amount of workshops, it was surprisingly enjoyable. Highly recommended!”

    “It was clearly evident that the lead auditor trainer had significant industry-related experience in auditing. He was able to keep the class fully engaged with personal interaction and reinforce learnings. Getting full copies of the standards was amazing, the catering and the training location in Brisbane was perfect.”

    “The trainer’s experience and real-life examples gave great context to the course material. The 5 days allowed the material to be digested in a way that was not overwhelming. I’d definitely recommend the course to others.”

    Need help finding a course?

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