CISA Risk Based Planning

Risk-Based Audit Planning Explained In this video, we explore one of the most important concepts in auditing and governance — risk-based audit planning. Understanding how auditors prioritise audit effort based on organisational risk is critical for effective auditing, governance, assurance, and exam success. This session covers: • What risk-based audit planning means • Why audit effort should align to business risk • The difference between traditional and risk-based auditing • Risk factors considered during planning • The relationship between audit risk and audit planning • Common exam traps and audit logic • Practical examples of audit prioritisation • Key audit and governance concepts frequently tested in exam scenarios The video also explains important concepts such as: • Inherent Risk • Control Risk • Detection Risk • Residual Risk • Business Impact • Audit Prioritisation • Governance-focused auditing A key theme throughout this session is: Higher risk should result in higher audit priority. This video is intended to support learning and understanding of audit, governance, risk management, and information security concepts through practical explanations and examples. Thank you for watching Audit Insights. Disclaimer: This video is provided for educational and informational purposes only and reflects personal interpretation, research, and professional experience in the fields of auditing, governance, risk management, and information security. The content is intended to support learning and understanding of key concepts and should not be considered official guidance, certification advice, legal advice, or professional consulting services. Viewers should always refer to official standards, frameworks, and certification bodies for authoritative guidance and requirements. #Audit #RiskManagement #InformationSecurity #Governance #InternalAudit #AuditPlanning #CyberSecurity #RiskBasedAuditing #ITAudit #GRC #AuditInsights