Risk in Focus 2022
While the coronavirus pandemic continues to disrupt the corporate landscape in the present, the new edition of the ECIIA Risk in Focus report highlights climate change as the rising risk of the future.
The results provide insight into the (possible) impact of the risks and what organisations are currently doing to prepare. The key question was what role internal audit play in this, and what the possibilities are to identify, limit and/or control the opportunities and threats of climate change.
This report outlines the benefits of remote auditing, as well as the abilities auditors will need to successfully do their jobs in the post-pandemic environment. The top essential aptitudes include emotional intelligence, communications skills, business acumen, flexibility, agility, and imagination and curiosity.
A new report from the Internal Audit Foundation and AuditBoard explores how audit departments’ use of technology has changed throughout this disruption, how that technology has helped audit teams to adapt, and how to determine the most effective technologies for teams to be successful.
The IIA has launched a new tool created specifically to provide boards and audit committees with the instrument they need to assess the quality of their internal audit activity. Don’t just guess, assess your organization’s internal audit activity with the new Internal Audit Assessment Tool.
This practical guidance is developed to help internal auditors address some of the key risks identified in Risk in Focus 2021, with the aim of contributing to the reduction of their impacts on businesses and stakeholders and to better harness their
opportunities.
The Three Lines Model helps organizations identify structures, design processes, and assign responsibilities that best assist the achievement of objectives and facilitate strong governance and risk management. It clarifies the main essential elements governance requires at its most basic: accountability, actions, and assurance and advice. Fundamentally this is what governance is.