Governance Examinaton of Strategic Risks

– auditing beyond the risk strategy –


The audit function bears the regulatory obligation to examine risk management operations as well as the risk strategy that has been developed in accordance with the company’s business strategy. Based on international best-practice approaches and case studies, coaching participants learn to audit the governance or management and monitoring system in a strategically foresighted manner.

Upon course completion, participants are acquainted with typical points of weakness and risks relating to various governance structures. Thus, they are capable of analyzing these in a practical audit environment as well as conceptualize audit-solution recommendations.


  • Common corporate governance structures
  • International and national requirements of companies and the relevant planning universe or planning landscape
  • Options for orchestrating and auditing an enterprise risk management operation
  • Audit approaches for the governance system or for the management and monitoring system
  • Lessons learned from the Sarbanes-Oxley effect: the company-level controls audit
  • Audit approaches based on Basel III and the German Accounting Law Modernization Act (Bilanzrechtsmodernisierungsgesetz = BilMoG)
  • Case study: governance auditing in practice
  • Structure of a comprehensive audit approach for practical application in an audit environment
  • Integration and implementation of auditing techniques into the risk-oriented audit procedures of an individual audit

Management Trainer

About the ARC Institute

With the Audit Research Center, the ARC Institute provides important impulses for the further development of the audit industry. The focus is on networking science and practice. The focus is on further and new development in cooperation with auditors, companies and associations in order to maintain practical relevance and to develop methods, tools and concepts that can be implemented. The results developed in dialogue with industry experts serve as a guideline and adaptation options in practice today, in order to increase the overall benefit of the company in the long term and sustainably with innovative auditing work.

In the spirit of thought leadership, the ARC Institute and the Audit Research Center stand for topic leadership and forward thinking in the area of internal auditing.

Currently, the ARC Institute supports not only leading supranational institutions in the context of research, consulting and personnel development projects, but also numerous listed companies in the three German-speaking countries of Germany, Austria and Switzerland.


Terms of participation and price

Each open training day is 890,- Euro plus VAT when booking the modules individually. Inhouse training conditions are based on individual pricing and travel expenses. After receipt of your registration you will receive a confirmation of registration with invoice. Please pay the registration fee directly after receiving the invoice. The registration fee does not include 19 % VAT.  The price includes participation in the lectures of the booked event, lunch, coffee breaks and seminar documents.

How can we support you?

At a glance

Target audience:
Employees and managerial staff from the internal audit function

Interactive presentation, discussion, group projects, practical exercises, case studies, retrospective summary

Training / Training / Consulting period:
Bookings are based on an audit-situation analysis as well as a personal preliminary meeting (training generally covers 2 days of instruction, audit performance/support determined by circumstances).

Would you like more details about ARC’s Audit Training & Consulting Services, or do you wish to book an appointment with its team? Please address your e-mail inquiry to or phone us at +49-2159-6945-904