Oil & Gas Finance

Risk-Based Auditing (Upstream and Downstream Operations)-OGF 5001

07 Nov 22-11 Nov 22 (London, UK), 01 Aug 22-05 Aug 22 (London, UK), 06 Jun 22-10 Jun 22 (London, UK),

Course Overview

This course is for those with responsibility for averting and or managing risks related to health and safety of any operation and the workplace.


Learning Outcome

  • Participate effectively in an audit or review team
  • Audit in line with the standards of the internal audit profession
  • Relate auditing to the essential principles of Corporate Governance, Risk Management, Business Control and Management Systems
  • Add value for senior management from the audit process
  • Demonstrate the skills necessary to conduct an effective audit, including:
  • Understanding business environment and objectives
  • Developing a risk-based work plan
  • Effective interviewing and verifying techniques
  • Recording, analyzing and assessing audit findings
  • Evaluating health and safety compliance management systems
  • Reporting the audit results for effective management decision making


Indicative Contents

  • Risk-based HSE and EMS Auditing
  • Initial research and understanding of business objectives
  • Pre-Audit meeting and scope definition
  • Auditing Processes
  • Initial audit report
  • Review and testing
  • Findings and Recommendation
  • Audit Conclusion
  • Feedback into internal audit process
  • Case Study (preparation, work plan, interviews, evaluation, reporting)


More Detail
Duration This is a one-week programme spread over 5 working days.
Certification A certificate of completion is granted on successful completion of the programme.
Location (London, UK), (London, UK), (London, UK)
Travel and accommodation Travel and accommodation to be paid for at source by delegates.
Fees £4,000 (Excl. VAT) per delegate for 1 week.