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Audit at the Speed of Business – Strategies for Scaling Assurance in a High-Risk, High-Change Environment
How to provide high-value assurance over changing processes and controls
Update audit’s methodology to help guide staff’s interactions with the business
Communicate to business management how audit adds value to organizational change
Digital transformation initiatives, the implementation of new technologies, and changing operating models expose organizations to more risks. As a result, audit leaders are expected to expand assurance over changing processes and controls, but they struggle to develop a scalable assurance strategy and approach. Both resources and internal audit’s insight into key change initiatives are limited. Furthermore, the conventional approach of increasing the time dedicated to consulting and advisory activities is proving to be insufficient in this high-change environment. A new approach is needed to meet the evolving assurance needs. This complimentary webinar reveals how audit departments can adapt processes and activities to scale their involvement in high-risk, high-change areas of the organization.