Annual Risk Assessment (ARA) - Keys to Maximize the value of an Internal Audit Department

This webinar will cover how to have an effective Annual Risk Assessment (ARA) and internal audits role in ARA. You will be able to identify the appropriate risk framework, their risk rankings, and balancing their available resources. Why Should you Attend: Risk assessments are a key activity for any internal audit department, and take many different forms such as Enterprise Risk Management (ERM), Annual Risk Assessment (ARA), individual audit engagement risk assessments, and fraud risk assessments. How these risk assessments work together and support a high performing internal audit department can be a challenge. Selecting the appropriate risk framework and practical risk rankings is critical to the success of your ARA. This webinar explains how ARA is a key building block for an internal audit department in fulfilling their mission to the organization. This key activity can be a struggle for internal audit departments in identifying the appropriate risk framework, determining their risk rankings, and balancing their available resources. Areas Covered in the Webinar: Key elements in an effective ARA How do ARA and Enterprise Risk Management (ERM) interrelate? How does fraud risk and ARA work together? What are the risk criteria to include in your ARA? How do one place weights on the risk criteria? Is Internal Audit deploying their assets effectively in the organization to fulfill their mission? Who Will Benefit: Internal and External Auditors Regulatory & Compliance Personnel Fraud Managers Company Executives Finance and Accounting Management Risk Managers Internal Control Professionals

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