Internal Audit's role in Risk Management This webinar will discuss emerging trends in Enterprise Risk Management (ERM) and will explain the role of internal audit in ERM. Why Should You Attend: Studies over the last decade have time and again shown that business failures or significant reductions in market capitalization are most often caused by strategic risk failures. Therefore, Chief Audit Executives (CAEs) must consider whether strategic risks “can” and “should” be audited. That is, it is first important to identify whether there are assurance or consulting procedures that will help assess or advise on the design adequacy and operating effectiveness of strategic risk management procedures. If so, CAEs must then evaluate whether the audit will provide adequate assurance or relevant advice. Just because something “can” be audited does not mean it “should” be audited. However, CAEs will find that there are many strategic risks for which they can provide valuable assurance or advice. This webinar will discuss management and audit committee’s role in Enterprise Risk Management (ERM). Areas Covered in the Webinar:
Emerging trends in ERM Management and Audit Committee’s role in ERM Internal audit’s role in ERM Automating data analysis – continuous monitoring Managements’ operational and financial controls self - assessment Pragmatic solutions for sustaining ERM without breaking the budget.
Who Will Benefit:
Chief Financial Officer Controller Chief Audit Executive Internal Auditors Audit Directors Audit Managers Audit Supervisors Audit Seniors Audit Staff Risk Managers Compliance Managers
For more details please visit us at: http://www.complianceonline.com/ecommerce/control/trainingFocus/~product_id=703505/~I nternal_Audits_role_in_Risk_Management
Published on Jun 16, 2014
Learn the role of emerging trends in Enterprise Risk Management (ERM) and will explain the role of internal audit in ERM