Assessing and Auditing Risks in a Pandemic World - COVID03WEB

Overview

Risks have already changed in every aspect of businesses, including health and safety, remote working, information privacy and security, accounting and financial reporting, supply chain and third party relationships, fraud and ethics vulnerabilities. Additionally, these risks are continuing to evolve daily. This course covers the current and emerging impacts and how auditors must assess and review these dynamics.

Who Should Attend

Internal and external auditors, regulators, compliance, and risk professionals.

Prerequisites

• None

What You’ll Learn

You will learn what concerns the C-suite, how COVID-19 is re-shaping the business landscape, and what that means for your organization’s risk assessment and risk management programs.

Objectives

The State of Organizations Due to the Pandemic

• CEOs top COVID concerns
• Ethics and Fraud concerns
• Statistics on future state of organizations, including financial stability, employment outlook, remote working, business travel, technology transformations

Transitioning from Concerns to Risks

• Identifying general risks to most all organizations including safety, remote working, going concern, supply chain risks
• Internal audit’s role in general and specific risk identification, assessment, and mitigation efforts

Creating a Tactical and Strategic Internal Audit Response to COVID

• How to improve your risk assessment and planning process now and for the future
• How to audit for culture and ethics
• How to audit for the new COVID risks

Why You Should Attend

You should attend because your organization must have an effective response plan and your audit plan must be responsive to your organization’s current and emerging needs.

ACI Learning 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.