Overview:

We have all heard the terminology the “three lines of defense.” Every organization may be at different maturity levels when it comes to their Enterprise Risk Management (ERM), or second line of defense function; however, every organization has a first line of defense = the business. And that business is not only where the risks are, but also is where the risk knowledge lives.

Traditional auditing may include a standard audit rotation plan or “required” annual audits, but I challenge you to ask, is this covering the real risks to your organization? The ones facing your organization RIGHT NOW during the Pandemic?

In this extension webinar of TQA Point of Focus #4 on Lean, we will discuss how the number one way to be a lean Internal Audit function is to focus on the right risks, RIGHT NOW.

Note: This is a previously recorded live webinar that contains polling questions meant only for the live participants. Please disregard the polling questions are they are part of the live recording. Passing the quiz at the end of this course is your requirement to attain CPE. See the CPE tab for more details.

Program Level: Basic | Prerequisites: None

Program For: Auditors, CPAs, and Other Professionals

Instructional Method: Self-Study | Advance Preparation: None

Recommended CPE Credit: 1 hour(s) | Field of Study: Auditing

Airing: Webinar replay