Creating and Implementing an Agile Risk Based Audit Process
Learn a step-by-step approach to converting a traditional audit shop into an agile, risk-based audit function linked to enterprise risk management.
Speaker
Daniel Clark
Risk management and audit consultant · BEXC Partners · CRCMP, CISRCP, QIAL
Overview
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 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.
What’s 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
Who should attend
What you get
About the speaker
Daniel Clark. CRCMP, CISRCP, QIAL
Independent Consultant BEXCPartners.com
Dan has over 25 years of experience in Financial Services from regional banks to global giants like Citigroup and GE Capital. His early career roles included: sales, credit risk management and operations. For the last 18 years he has been fully focused on Risk Management and Internal Audit. His experience as Chief Auditor in two regional banks and as a senior officer in Audit and Risk Review for Latin America provides unique insight into management practices in and outside of the United States. He is also a recognized expert on GRC, a Public Speaker and Blogger and has written a book; Dare to Be Different: An Auditors Personal Guide to Excellence: that has been well received by the audit community.
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