Is risk really understood or evaluated correctly, every time? From a business, not audit, perspective? Business objectives and operating rules—the primary drivers of risk—have to be fully understood to ensure risks are identified and effectively evaluated. Auditors must also understand how velocity, duration and the varying levels of consequence and cause impact risk to effectively assess threats.
This session will help auditors understand how an identified risk can have varying levels of potential consequence and impact and how that understanding and improves our ability to evaluate risks and effectively communicate and facilitate resolutions.
CPE: 1.0 | Field: Audit| Delivery: Group Internet Based
Level: Beginner | Prerequisites: None
Who Should Attend: New or experienced internal auditors who want to learn or refresh their planning skills
Verracy is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Texas State Board of Public Accountancy, 505 E. Huntland Drive, Suite 380, Austin, Texas 78752 www.tsbpa.state.tx.us