Auditing at the Speed of Risk
In the 21st century, risks emerge at warp speed, often catching organizations unaware and unprepared. The consequences can be devastating. To protect and enhance value, internal auditors must elevate their capability to “audit at the speed of risk.”
Key learning objectives of this presentation, which is based on IIA President and CEO Richard F. Chambers’ latest book, “The Speed of Risk: Lessons Learned on the Audit Trail, 2nd Edition:”
- Articulate the dynamic nature of risk in the 21st century and the velocity with which it can approach unsuspecting organizations.
- Describe the compelling need and effective strategies for internal auditors to identify emerging risks long before they present a clear and present danger to their organizations.
- Identify and discuss the disruptive risks facing the auditing profession, and the organizations it serves, and how these disruptive forces may impact its ability to serve organizations in the decade ahead.
- Describe effective strategies to audit smarter, better, and faster – to audit at the speed of risk.