Guidelines for Performing a Corporate Wide Internal Audit Risk Assessment

Performing a corporate wide risk assessment can seem like a daunting task for an organization. In reality, it can be done using a template and brainstorming with internal auditors, certified fraud examiners and business unit leaders throughout your organization. Understanding your company’s risk environment is key to having an effective internal audit system; it helps to have significant experience in internal auditing and a mind for coming up with “what could go wrong” in any control environment.

This webinar will equip you with a methodology that has been utilized in a robust internal audit department for a billion-dollar revenue corporation. It will discuss key components of a risk assessment and management program, steps involved in the risk assessment process, and tips for continual refinement of audit projects.