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Guidelines for Performing a Corporate-Wide Internal IT Audit Risk Assessment

instructor
By: Dr. Robert E. Davis
Recorded Session
Duration
90 Minutes
Training Level
Intermediate to Advanced

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Webinar Details

Performing a corporate-wide Risk Assessment can seem like a daunting task for an organization. In reality, it can be done using a template and brainstorming with internal auditors, certified fraud examiners and business unit leaders throughout your organization. Understanding your Company’s Risk Environment is key to having an effective Internal Audit organization, it helps to have significant experience in internal auditing and a mind for coming up with “what could go wrong” in any control environment. The corporate-wide Risk assessment can be performed to maximize the efficiency and effectiveness of any organization with a diligent template and process for performing the assessment. This webinar will equip you with a methodology that has been utilized in a robust internal audit department for a Billion dollar revenue Corporation.

WHY SHOULD YOU ATTEND?

  • Internal Audit personnel involved in performing the annual Risk Assessment
  • Internal Audit Management interested in performing a risk assessment
  • Professionals responsible for performing risk assessment duties
  • Risk/Compliance Officer any industry

LEARNING OBJECTIVES

  • The key components of a Risk Assessment and Management Program
  • The template for a risk assessment and examples of typical projects that may come up in various departments
  • Brainstorming your industry and the unique types of projects that can be worthwhile projects
  • The methodology for a successful Risk Assessment process
  • The steps involved in the Risk Assessment process
  • Continual refinement of audit projects throughout the Audit Year

WHO WILL BENEFIT?

  • Beginning Internal Auditors
  • Compliance Professionals
  • Operational Risk professionals
  • Finance Professionals
  • Board Members
  • Internal Auditors
  • External Auditors
  • Audit Committee Members
  • Operational Risk Managers
  • Departmental Managers
  • Internal Audit personnel involved in performing the annual Risk Assessment
  • Internal Audit Management interested in performing a risk assessment
  • Professionals responsible for performing risk assessment duties
  • Risk/Compliance Officer any industry
  • The key components of a Risk Assessment and Management Program
  • The template for a risk assessment and examples of typical projects that may come up in various departments
  • Brainstorming your industry and the unique types of projects that can be worthwhile projects
  • The methodology for a successful Risk Assessment process
  • The steps involved in the Risk Assessment process
  • Continual refinement of audit projects throughout the Audit Year
  • Beginning Internal Auditors
  • Compliance Professionals
  • Operational Risk professionals
  • Finance Professionals
  • Board Members
  • Internal Auditors
  • External Auditors
  • Audit Committee Members
  • Operational Risk Managers
  • Departmental Managers

SPEAKER PROFILE

instructor

Dr. Robert E. Davis obtained a Bachelor of Business Administration in Accounting and Business Law, a Master of Business Administration in Management Information Systems, and a Doctor of Business Administration in Information Systems Management from Temple, West Chester, and Walden University; respectively. Moreover, during his twenty years of involvement in education, Dr. Davis acquired Postgraduate and Professional Technical licenses in Computer Science and Computer Systems Technology. Dr. Davis also obtained the Certified Information Systems Auditor (CISA) certificate — after passing the 1988 Information Systems Audit and Control Association’s rigorous three hundred and fifty multiple-choice questions examination; and was conferred the Certified Internal Controls Auditor (CICA) certificate by the Institute for Internal Controls.

Since starting his career as an information systems (IS) auditor, Robert has provided data security consulting and IS auditing services to corporations as well as other organizations; in staff through management positions. Before engaging in the practice of IS auditing and information security consulting; Robert (as a corporate employee) provided inventory as well as general accounting services to Philip Morris, USA, and general accounting services to Philadelphia National Bank (Wells Fargo). Furthermore, he has prior experience as a freelance writer of IT audit and information security training material.

Dr. Davis received recognition as an accomplished, energetic auditor, author, and speaker with a sound mix of experience and skills in monitoring and evaluating controls. Based on his accomplishments, Temple University's Fox School of Business and Management Alumni Newsletter, as well as The Institute for Internal Controls e-newsletter featured Dr. Davis. Furthermore, he is an Advisory Board Member of The Institute for Internal Controls, the first and inaugural Temple University CISA in Residence and a founding Temple University Master of Science in IT Auditing and Cyber-Security Advisory Councilmen. Last, he accepted invitations to join Delta Mu Delta International Honor Society, the Golden Key International Honour Society, the Thomson Reuters' Expert Witness List, the IT Governance LTD expert panel, as well as the International Association of IT Governance Standards honorary membership group.

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