Emerging risk integration in audit risk assessment and risk-oriented audit planning

– Geopolitical risks, environmental risks, G20 BowTie risk approach –

Description:

Emerging risk integration in audit risk assessment and risk-oriented audit planning | including geopolitical risks, environmental risks, G20 BowTie Risk Approach Strong risk volatility due to new geopolitical risks and their impact on global supply chains require further audit analysis and a dynamic design of audit planning.

Global network influences, tightly synchronised international logistics chains and shorter product cycles, in an environment that strongly influences corporate business models, demand a timely and forward-looking audit.

New audit analysis approaches are necessary in order to analyse cause-effect chains more foresightedly and to recognise “emerging risks” earlier. In doing so, it is not only necessary to apply techniques that are able to recognise “grey swans”, but also to identify and evaluate new emerging risk combinations in the form of so-called “black swans” as early as possible.

In order to be up to this task, it is important to promote new employee qualifications in analytical thinking in the form of meta-competences in addition to methodological tools such as bow-tie risk assessments.

In this training, you will learn analysis techniques for emergent risks as well as their integration into a dynamic audit process design or audit planning.

Topics:

  • Prelude: Emerging risks in Internal Audit Risk Assessment Techniques
  • Creating a new risk atlas of gross risks
  • The Known-Unknown in the Johari Window Methodology
  • Analysis techniques for making audit processes more dynamic
  • Geopolitical risks and their risk impact on a new audit universe
  • Designing dynamic audit planning
  • Developing as an employee through the creation of meta-competences
  • Joint conclusion and road map for practical implementation

Training Team

Audit-Championship is a university spin-off. We focus on networking between science and practice. Audit-Championship provides thought leadership and innovative methods to support its customers across all industries in digital transformation. We support audit departments globally as well as national Internal Audit associations with yearly 2.900+ training days and transformation services along an internal audit knowledge value chain.

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Didactics | Methodology

We train you and your team on-site, or we can train you online worldwide in the form of a Virtual Training Series: Interactive lecture, discussion, practical example, case studies, reflection.

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