As the need for managing risks within business is increasing, it is placing pressure on management to identify the areas that pose greater risks and take necessary actions. In recent years, the need for risk-based auditing has therefore become apparent. Modern quality management system coupled with effective risk-based auditing practices go a long way in mitigating potential risks and help business achieve its objectives.

The ISO 19011: 2018 guidelines for auditing management systems includes a new audit principle – “the risk-based auditing approach: an audit approach that considers risks and opportunities”. Managing risks through risk-based auditing plays a central role in maintaining the integrity of the auditing process by focusing on matters that are significant for the audit client and for achieving the audit program objectives

Learning objectives 

1. What is risk based auditing
2. What is the difference between risk based auditing and traditional compliance based auditing
3. When and why of risk based auditing
4. ISO 19011:2018- concepts, terminologies and the guidelines
5. What are the types of risks and opportunities associated with auditing
6. Preparing for risk based auditing
7. Conducting audit adopting a risk based approach
8. Evaluating the effectiveness of the audit program

Participation Fees:

QCI Member/registered Auditor/Consutant or  Group nomination (2 or more) – 10% discount – 1080 + GST

Non -Members -1200 + GST

• Only one type of discount can be availed at a time
• Fees is non-refundable, however the participation is transferrable
• Payment is to be made online during registration | For offline payment and registration assistance please send your request to shruti.nbqp@qcin.org

NEFT Details:

Bank Name: ICICI Bank

Account No: 038601002144

MICR code: 110229059

IFSC – ICIC0000386

GSTIN: 07AAATQ0055DIZ0

For offline payment and registration assistance please send your request to shruti.nbqp@qcin.org |9911509884

Please send a confirmation mail to shruti.nbqp@qcin.org and priyanka.nbqp@qcin.org once registered .

Faculty : 

• Mr. Avik Mitra – Retired Principal Advisor NBQP

The faculty for this program is Mr Avik Mitra. Mr Mitra retired as Principal Advisor, NBQP, QCI. Before joining QCI he was the head of management services division, ASSOCHAM. Currently he is engaged in teaching, research, training and assessment activities.

Trainers

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