RCA – Risk, Controls and Audit – 3803 (2026 JULY)

This course provides knowledge and skills in governance, risk management, internal control, business processes, audit processes, and enterprise risk management. It covers Sri Lanka Auditing Standards, sustainability, digital auditing, and emphasizes ethics and quality in financial audits, preparing students
to uphold high standards of integrity and professionalism.

Units

01. Governance Framework

02. Business Processes in Business Organizations

03. Risk Management Framework and Internal Control System

04. Assurance Engagements and Related Services

05. Risk Assessment, Audit process and Audit Reporting

06. Fundamentals of Enterprise Risk Management (ERM)

07. Fundamentals of Internal Audit

08. Ethical Requirements and Quality Requirements of an Audit of Financial Statements