A corporate-wide risk assessment can look daunting, but it becomes manageable with a solid template and brainstorming sessions with internal auditors, certified fraud examiners and business unit leaders.
This 90-minute internal IT audit risk assessment training shares a methodology used in the internal audit department of a billion-dollar-revenue corporation. You'll learn the key components of a risk assessment and management program, the steps in the process, and how to think through what could go wrong in any control environment.
You'll also see a template with examples of typical projects across departments, how to brainstorm projects unique to your industry, and how to keep refining audit projects during the audit year.
WHY SHOULD YOU ATTEND?
Understanding your company's risk environment is the basis of an effective internal audit function. A disciplined template and process make the annual assessment more efficient and effective.
This session suits internal audit staff and managers who perform the annual risk assessment, compliance and operational risk professionals, finance staff, external auditors, board and audit committee members, and department managers.
AREA COVERED
- Key components of a risk assessment and management program
- A risk assessment template with examples of typical projects in various departments
- Brainstorming worthwhile projects unique to your industry
- The methodology for a successful risk assessment
- The steps in the risk assessment process
- Refining audit projects throughout the audit year
LEARNING OBJECTIVES
- Describe the key components of a risk assessment and management program
- Use a template to perform a corporate-wide risk assessment
- Brainstorm audit projects suited to your industry and departments
- Follow a proven methodology and its steps
- Refine audit projects throughout the audit year
WHO WILL BENEFIT?
- Beginning Internal Auditors
- Compliance Professionals
- Operational Risk professionals
- Finance Professionals
- Board Members
- Internal Auditors
- External Auditors
- Audit Committee Members
- Operational Risk Managers
- Departmental Managers
Understanding your company's risk environment is the basis of an effective internal audit function. A disciplined template and process make the annual assessment more efficient and effective.
This session suits internal audit staff and managers who perform the annual risk assessment, compliance and operational risk professionals, finance staff, external auditors, board and audit committee members, and department managers.
- Key components of a risk assessment and management program
- A risk assessment template with examples of typical projects in various departments
- Brainstorming worthwhile projects unique to your industry
- The methodology for a successful risk assessment
- The steps in the risk assessment process
- Refining audit projects throughout the audit year
- Describe the key components of a risk assessment and management program
- Use a template to perform a corporate-wide risk assessment
- Brainstorm audit projects suited to your industry and departments
- Follow a proven methodology and its steps
- Refine audit projects throughout the audit year
- Beginning Internal Auditors
- Compliance Professionals
- Operational Risk professionals
- Finance Professionals
- Board Members
- Internal Auditors
- External Auditors
- Audit Committee Members
- Operational Risk Managers
- Departmental Managers