Q1. describe the nature and purpose of internal control and the contribution that internal control makes to risk management;

Q2. summarize the importance of risk assurance and identify the sources of risk assurance available to the board/audit committee (CRSA);

Q3. describe the activities of a typical internal audit function and the relationship between internal audit and risk management;

Q4. produce examples of risk reporting approaches adopted by different types of organizations, including companies, charities and government agencies.