Internal Audit Emerging Risks Series – Part 5

Welcome to "Internal Audit Emerging Risks Series – Part 5," the final and crucial installment of our comprehensive series. In today's rapidly evolving business landscape, internal auditors face a dynamic array of challenges that extend beyond traditional financial reporting. This course delves into critical emerging risks, equipping you with the insights and methodologies needed to provide significant value to your organization.

We'll navigate complex areas often overlooked but vital for organizational health and resilience. Understanding these risks and how to effectively audit them is paramount for internal auditors looking to stay ahead and contribute strategically to their company's success.

Upon completion of this course, you will be able to:

• Understand and evaluate risk management and culture within your organization, including methods for assessing organizational processes and the impact of behavioral factors.
• Examine workforce management and workplace audit concepts, learning how to evaluate organizational HR processes and strategically manage your internal audit group's skill sets.
• Explore advanced corporate financial management concepts, moving beyond internal controls over financial reporting to address areas such as credit, liquidity, and the impact of technology on financial governance.
• Identify and address the challenges internal audit may face in evaluating these emerging risk areas, including talent gaps and the complexities of "auditing up."
• Develop strategies for improving financial management governance, including validating tone, assessing controls, performing fraud risk assessments, and monitoring regulatory changes.

Each topic is designed to provide practical approaches and actionable insights, ensuring you are well-prepared to identify, assess, and mitigate these emerging risks within your internal audit function and broader organization.