This course offers an in-depth exploration of risk-based auditing, focusing on how auditors identify, assess, and respond to various types of risks within an organization. It covers the risk assessment process, internal control systems, and key frameworks that support effective risk management. Students will learn to plan audits using a risk-based approach, evaluate risk exposure, and apply appropriate auditing methodologies. The course also examines specific risk areas such as fraud, financial misstatements, and industry-specific challenges. Emphasizing the use of technology and data analytics, it prepares learners to produce insightful audit reports and understand the evolving role of auditors in organizational risk management.