Just as financial audits show how well financial capital is used, HR audits show whether human capital is used effectively, where it is used incorrectly or unlawfully, and how to improve its return. This 90-minute HR audit training explains how they work.
An HR audit asks a structured set of questions about compliance, risk management, internal controls and HR practices. It helps find actual and potential problems, assess HR effectiveness and control weaknesses, and suggest corrective action, all from an enterprise risk management perspective that links HR with other business issues.
Because no two employers are alike, audits are tailored to the organization's size and needs, and they have moved from simple checklists to a continuous process built into internal controls and strategy.
WHY SHOULD YOU ATTEND?
Human capital drives competitiveness and innovation, while regulation, demands for transparency and agency enforcement keep growing. The EEOC, OFCCP, U.S. DOL and ICE all call self-assessment and audit a best practice, and HR failures now affect valuation, credit rating and reputation as well as fines.
This session suits HR professionals, internal and external auditors, risk managers, compliance officers, CEOs and CFOs.
AREA COVERED
- Why HR risks now affect valuation, credit rating, reputation and employment brand
- HR audits as an independent, objective and systematic evaluation
- Assurance on compliance with employment laws and governance requirements
- Assurance that business and talent management objectives are met
- Identifying, assessing and managing HR risks
- Confirming that human capital adds value
- Moving from checklists to a continuous process built into internal controls, due diligence and risk management
- How effective your HR management is
- Whether human capital helps meet organizational objectives
- Whether employment practices create material risks and liabilities
- Key organizational issues to audit
- Choosing the right HR audit tool
LEARNING OBJECTIVES
- Explain the purpose and value of HR audits from an enterprise risk perspective
- Assess how effectively your organization manages its human capital
- Identify employment practices that create material risks and liabilities
- Decide which organizational issues to audit
- Choose the right HR audit tools
- Build HR auditing into an ongoing compliance and risk management process
WHO WILL BENEFIT?
- HR professionals
- Internal auditors
- External auditors
- Risk managers
- Compliance officers
- CEOs
- CFOs
Human capital drives competitiveness and innovation, while regulation, demands for transparency and agency enforcement keep growing. The EEOC, OFCCP, U.S. DOL and ICE all call self-assessment and audit a best practice, and HR failures now affect valuation, credit rating and reputation as well as fines.
This session suits HR professionals, internal and external auditors, risk managers, compliance officers, CEOs and CFOs.
- Why HR risks now affect valuation, credit rating, reputation and employment brand
- HR audits as an independent, objective and systematic evaluation
- Assurance on compliance with employment laws and governance requirements
- Assurance that business and talent management objectives are met
- Identifying, assessing and managing HR risks
- Confirming that human capital adds value
- Moving from checklists to a continuous process built into internal controls, due diligence and risk management
- How effective your HR management is
- Whether human capital helps meet organizational objectives
- Whether employment practices create material risks and liabilities
- Key organizational issues to audit
- Choosing the right HR audit tool
- Explain the purpose and value of HR audits from an enterprise risk perspective
- Assess how effectively your organization manages its human capital
- Identify employment practices that create material risks and liabilities
- Decide which organizational issues to audit
- Choose the right HR audit tools
- Build HR auditing into an ongoing compliance and risk management process
- HR professionals
- Internal auditors
- External auditors
- Risk managers
- Compliance officers
- CEOs
- CFOs