Description

Risk assessment is at the forefront of ensuring risk management, internal control and audit’s value to stakeholders. Effective risk assessments help ensure any of these functions is deploying its resources in a way that fulfills its mission within the organization. Hence, risk assessments are widely used in risk management, reporting audit issues, and designing internal controls. The critical roles of governance, risk and control (GRC) frameworks in risk assessment are covered and the 5-day course includes a simple, practical approach to using the most recent COSO internal control framework in auditing and risk management.