Rethinking Operational Auditing Amidst Today’s Risk Landscape

Today’s business landscape is characterized by complexity, uncertainty, and ‘unknown risks’ that require audit teams to identify new strategies and tools to both manage operational issues, as well as pursue growth opportunities. While risk-based operational audits remain at the top of every company’s agenda, many are still struggling to embed this process into the day-to-day management of their business. This is largely due to the gap that exists between the audit function’s current focus, and where it needs to go in order to deliver greater business value.

Businesses can no longer view operational audits in isolation, and need to conduct enhanced operational audits that can help reduce losses, provide value to various stakeholders, and protect corporate reputation. Furthermore, operational audits should be conducted to help a company understand whether a business division, department, or project has the necessary systems, controls, and resources in place for risk management to achieve its objectives economically, efficiently, and effectively.

Join Dennis R. Arter, Fellow ASQ, CQA - Owner of Columbia Audit Resources, and Dominic Pereira, Associate Director of Product Management at MetricStream during this webinar, as they present their thoughts on planning and conducting operational audits.

Other key areas for discussion include:

• The concept of control and how it reduces unwanted risks
• Methods of performing and reporting audits that add value rather than waste time and resources
• Data gathering and reporting that shows system risks and diseases
• How to empower process owners to improve performance

Attend this webinar:
This webinar is scheduled to take place on Tuesday, July 30, 2013 at 8:00 am Pacific Time. To register for this webinar, and to learn more about the webinar and the speakers, please click here.