Even though we have been using the term "risk-based auditing" for over 20 years, many internal audit groups have not really implemented it... and many misunderstand the concepts behind it.
In this episode I explain the challenges and opportunities facing internal audit as a profession and why moving to a truly risk-based approach is the opportunity for us to overcome those challenges. I also discuss the confusion with the terms objective-based, or risk management-based audit.
I've been preaching risk-based internal auditing for over 15 years and am considered to be one of the leading world experts on risk-based internal audit (and yes I wrote a book on this, frameworks, certifications and have trained internal auditors all over the world).
If you missed the webinar on Establishing or Improving a Risk-Based Audit Approach, you can now access it in the cRisk Academy on-demand library at: https://ondemand.criskacademy.com/p/establishing-or-improving-a-risk-based-audit-approach/
To learn more about how you can enroll in a new course and receive your Certified Risk-Based Internal Auditor (cRBIA) professional designation visit: https://ondemand.criskacademy.com/p/certified-risk-based-internal-auditor-crbia/
