COSO, regulators and the IIA all push auditors to be more flexible and risk-based. This 90-minute webinar on creating and implementing an agile risk-based audit process gives a step-by-step guide to converting a traditional audit shop into a risk-based audit organization.
Because the approach is layered, audit shops can keep practices that have worked well and add pieces of the agile risk-based process over time, tailoring it to their organization.
You'll define risk-based auditing, see the agile risk audit process and the audit cycle from a new angle, and link risk-based auditing to enterprise risk management and to processes. The session also covers entity creation and management, reporting to boards of directors, improving productivity, building flexibility, common challenges and new audit management tools.
WHY SHOULD YOU ATTEND?
Many audit shops find it hard to contribute in today's COSO and risk-based environment, and moving away from traditional practices has proven slow and difficult. This session offers a clear path to meeting current standards while motivating the audit team.
It suits general auditors, audit managers, auditors, risk managers, CFOs, CEOs, COOs and boards of directors.
AREA COVERED
- The audit process
- Defining risk-based auditing
- The agile risk audit process
- The audit cycle from a new perspective
- Entity creation and management
- Reporting for boards of directors
- Linking risk to process and to enterprise risk management
- Enhancing audit productivity
- Flexibility in audit processes
- Challenges of risk-based auditing
- New management tools for auditing in a risk environment
LEARNING OBJECTIVES
- Define risk-based auditing
- Describe the agile risk audit process
- Link risk-based auditing to enterprise risk management
- Follow a step-by-step guide to implementing risk-based auditing
- Address the challenges of risk-based auditing
- Use new management tools for auditing in a risk environment
WHO WILL BENEFIT?
- General Auditor
- Audit Manager
- Auditors
- CFO's
- Risk Managers
- Boards of Directors
- CEO
- COO
Many audit shops find it hard to contribute in today's COSO and risk-based environment, and moving away from traditional practices has proven slow and difficult. This session offers a clear path to meeting current standards while motivating the audit team.
It suits general auditors, audit managers, auditors, risk managers, CFOs, CEOs, COOs and boards of directors.
- The audit process
- Defining risk-based auditing
- The agile risk audit process
- The audit cycle from a new perspective
- Entity creation and management
- Reporting for boards of directors
- Linking risk to process and to enterprise risk management
- Enhancing audit productivity
- Flexibility in audit processes
- Challenges of risk-based auditing
- New management tools for auditing in a risk environment
- Define risk-based auditing
- Describe the agile risk audit process
- Link risk-based auditing to enterprise risk management
- Follow a step-by-step guide to implementing risk-based auditing
- Address the challenges of risk-based auditing
- Use new management tools for auditing in a risk environment
- General Auditor
- Audit Manager
- Auditors
- CFO's
- Risk Managers
- Boards of Directors
- CEO
- COO