Online Safety Community

Audit 2020: A New Trend and Approach that Enhances Audit Reporting

Event Details

Audit 2020: A New Trend and Approach that Enhances Audit Reporting

Time: June 6, 2018 from 1pm to 2pm
Location: Training Doyens 26468 E Walker Dr
Street: 26468 E Walker Dr, Aurora, Colorado 80016
City/Town: Aurora
Website or Map: https://bit.ly/2jSbeqG
Phone: +1-720-996-1616
Event Type: online
Organized By: Training Doyens
Latest Activity: May 14

Export to Outlook or iCal (.ics)

Event Description

OVERVIEW

The audit and risk industry has long struggled to find ways of communicating issues and concerns that are helpful and constructive.  The Comparative Effectiveness Matrix does just that.  No longer are we tied to old school reporting techniques but can introduce a more holistic and robust process. Use of the matrix highlights what issues are, what it means to the organization from a holistic perspective and then provides an immediate road for those that wish to improve control effectiveness. A great tool for elevating issues, mapping progress in overall compliance and a wonderful easy to use format for board and senior management reporting.

WHY SHOULD YOU ATTEND

Participation in this webinar will provide attendee’s with another tool for communicating with management. This tools, and approach, will strengthen one’s ability to become a trusted advisor and to actually provide advice in lieu of elevating issues. The value of comparative analysis comes to the forefront as this tool is customer-centric. No longer will one only have to complete an audit report that is rated and contains “issues” that typically places the recipient in a defensive mood. The CEM will remove the defensiveness with collaboration and ultimately great engagement results.

AREAS COVERED

  • Understand the Comparative Effectiveness Matrix
  • Applying the Matrix to current processes
  • Developing industry based information sources
  • Cross referencing structure to risk and controls
  • Using the tool to move along the Maturity phases for organizations
  • Defining steps in the process
  • Determining evidence that supports positioning
  • Developing action plans to move up the maturity time line

LEARNING OBJECTIVES

This webinar focuses on and introduces the Comparative Effectiveness Matrix, a new tool for elevating issues during audit and risk management reviews.  The matrix builds upon combining best practices with audit techniques and risk management approaches that allow for business leadership and other stakeholders to realize the effect of controls within their organization. By comparing present control effectiveness status to expectations, industry best practices and ideal situations management can determine their own maturity model as it relates to risk and controls. Then, management can map progress to elevate their controls to a level commensurate with their organizations philosophy all the while linking to industry best practices which may or may not align with management philosophy.

WHO WILL BENEFIT

  • Auditors,
  • Audit Managers,
  • Audit Leaders
  • Risk Managers
  • Model Risk staff
  • Compliance officers
  • Business  executives
  • External auditors
  • Consultants

 

For more detail please click on this below link:

https://bit.ly/2IdO0Kf

 

Email: support@trainingdoyens.com

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616         

Fax: +1-888-909-1882

 

 

Comment Wall

Comment

RSVP for Audit 2020: A New Trend and Approach that Enhances Audit Reporting to add comments!

Join Online Safety Community

Attending (1)

Take our poll!

Take our poll!

Forum

Python Condition Objects Tutorial in 2018 1 Reply

If you have knowledge of other programming languages, then you would know the importance of conditional statements. Conditional statements are required for taking decisions. Whenever we operate the…Continue

Tags: course, certification, training, languages, programming

Started by Elena Lauren. Last reply by Jim Chesters on Tuesday.

Power BI Visualization Types

Visualizations in Power BI displays the visual insights from a data. In power bi service a visual can be pinned from reports to create dashboards. Visuals are used in reports.List of visualizations…Continue

Tags: COURSE, TRAINING, BI, POWER

Started by Azharuddin on Tuesday.

Automation Anywhere. How do I pick a value from dropdown 1 Reply

Automation Anywhere. How do I pick a value from dropdown. I tried 'set text' from a copied variable. Its very slow, and also doesnt…Continue

Tags: anywhere, automation

Started by emmablisa. Last reply by venkatesh Mar 29.

Agile overcome common software security challenges

Paradoxically, security is a negative goal. To secure something, you must understand how insecure it is. Start by trying to break it or by figuring out how other people might break it. The same is…Continue

Tags: agile, scrum, security

Started by nicolewells Mar 23.

Badge

Loading…

© 2018   Created by Safety Community.   Powered by

Badges  |  Report an Issue  |  Terms of Service