Continuous Assurance for Shifting Risk: The Dynamic Risk Assessment
September 26 @ 2:00 pm – 3:00 pm EDT
Free
1 CPE credit
Description:
Learn how your company can enhance its risk assessment processes by leveraging new data and technology while maintaining a collaborative approach. Gain insights and strategies for building a dynamic risk assessment that is comprehensive, flexible, and agile. The speaker will also discuss the importance of collaboration, data-driven inputs, technology, and continuous evaluation and risk taxonomy updates to effectively manage risks and achieve strategic objectives.
Learning Objectives:
At the end of this session, attendees will be able to:
- Describe what constitutes a dynamic risk assessment and its benefits to a connected risk program.
- Address common misconceptions about dynamic risk assessments that prevent organizations from getting started and often result in overcomplicating the process.
- Discuss why the dynamic risk assessment was so vital to a real company’s internal audit function and why integrating it with AuditBoard was the right decision.
- Explore how a dynamic risk assessment is conceptualized and performed using a real company’s journey as an illustration.
- Discuss steps you can take now to prepare your organization for the transition to a dynamic risk assessment.
CPE Credit(s): 1
Field of Study: Auditing
Instructional Delivery Method: Group Internet Based
Level: Basic
Prerequisite: None
Advanced Preparation: None
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