Sunday, November 19, 2017

Focus & Features

Audit Analytics can be a very effective tool for Audit to protect and enhance organizational value if it leads to identifying and addressing critical risks and paving the way to creating enhanced risk mitigation processes.  Essential to effective Audit Analytics is having the right data model and it is indispensable to determine the right measure of risks – key risk indicators. 

This seminar presents simple and effective tools in identifying critical risks and determining key risk indicators.  Participants will gain in-depth knowledge, and will broaden their ideas through open discussions, and sharing thus enabling them to effectively apply their learning.

What You Will Learn


Basic Concepts

  • Key Risk Indicator (KRI) Defined
  • KRI v.s. KPI
  • Elements of Effective KRI
  • Leading and Lagging KRI
  • Importance of KRI


  • 2010 – 1: Linking Audit Plan to Risks and Exposures
  • 2010 – 2: Using the Risk Management Process in Internal Audit Planning
  • 2120 – 3: Internal Audit Coverage of Risks to Achieving Strategic Objectives
  • 2320 – 1: Analytical Procedures

Evaluating Sources of Information

Establishing KRI Framework (Based on Audit Analytics Model)

  • KRI in Macro Analytics
  • KRI in Control Dimension
  • Workshop

Developing KRIs

  • Identify objectives
  • Workshop 1
  • Define objectives success measures (KPI)
  • Workshop 2
  • Identify Risks
  • Workshop 3
  • Understand the Sources of Risks
  • Workshop 3
  • Analyze Risk Event
  • Determine the Root-Cause Event
  • Determine Intermediate Event
  • Identify Risk Event
  • Workshop 4

Adopting KRI in Audit Analytics (Data Model)



Who Should Attend

This professional seminar is ideal for all auditors

Facilitator: Mr. Joseph Arlan C. Fajardo, CPA, CIA, CISA

                     Internal Audit Practitioner

Schedule: 24 – 25 November 2017
 8:30am – 5: 00 pm

Venue:  St. Giles Hotel, Makati Ave., Makati City


Seminar Investment: 

Member’s Rate: Php9,000

Non-Member’s Rate: Php12,000

No. of CPE Credits : 18*

* IIA Certifications

*BOA Accredited CPD Provider


Seminar Inclusions:

  • Seminar Kit
  • Certificate of Participation
  • AM & PM Snack, Buffet Lunch


How to Enroll:

  •  email at or fax to 325.0414
  • call us at 238-8888 loc 8962 and look for Sheena Malapitan or  Thei Mendoza
  • Click here to register online