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Transforming Audit to Combat Financial Services’ Heightened Risk Exposure
February 6 @ 9:00 pm – 10:00 pm EST
It is no secret that expanding organisational risk profiles, tighter regulations, and rising stakeholder expectations create a demanding assurance landscape for internal audit organisations in the financial services (FinServ) sector. What is frequently overlooked is how traditional audit processes and methodologies limit real-time visibility into risk, hinder agility needed to address changing risk, and mask business-impacting insights. These insights are crucial to advise and partner with the broader organisation, and their absence increases the risk of regulatory noncompliance. Join us for this webinar to see how integrating aspects of agile auditing provides the flexibility needed to respond and react to the rapid shifts in risk exposure that financial services organisations face.
Learning Objectives:
- Examine three complex challenges causing financial service audit teams to rethink their audit process and methodology.
- Discuss how FinServ organisations benefit from incorporating elements of agile auditing into their process to address these challenges with efficiency, agility, and business-impacting insights.
- Analyse the common steps FinServ organisations take to prepare for your audit transformation.
CPE Credit(s): 1
Field of Study: Auditing
Instructional Delivery Method: Group Internet Based
Level: Basic
Prerequisite: None
Advanced Preparation: None