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Providing Post-Pandemic Assurance: Audit’s Critical Role in the ‘New Normal’

2021-05-13 @ 1:00 pm 2:00 pm CDT

The pandemic challenged audit with providing assurance to the organization as objectives shifted, processes changed, staff was reduced, roles and responsibilities evolved, and employees moved quickly to a work form home environment. Organizations learned firsthand about the interconnectedness of risk as a health and safety risk proved to be the initial domino that knocked over other dominos of fraud, security, privacy, conduct, and resiliency risks. As we emerge from the pandemic, organizations need continuous assurance that business is in control. Internal audit needs to monitor process and role changes coming out of the pandemic just as closely as it did in the early days of rapid change. Audit has a critical role to play to provide assurance on what is now commonly called ’the new normal’ — continued work from home, process and role agility, and resiliency are key topics in the months to come. This webinar will address what audit needs to do to provide assurance to the organization as it moves out of the pandemic into the new normal.

Learning Objectives:

This session shall assist the participants in understanding the following:

  • Understand what the pandemic taught us in risk interconnectedness and change.
  • Identify the risks and issues that audit should be aware of coming out of the pandemic.
  • Develop a plan to address assurance as organizations move out of the pandemic into the new normal.
  • Build a strategy and business case for audit and assurance automation to address risk and control in a dynamic environment.

GRC 20/20 Speaker

Michael Rasmussen, GRC pundit
Michael Rasmussen

GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 28+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

Webinar Sponsor

AuditBoard is the leading cloud-based platform transforming how enterprises manage risk. Its integrated suite of easy-to-use audit, risk, and compliance solutions streamlines internal audit, SOX compliance, controls management, risk management, and security compliance. AuditBoard’s clients range from prominent pre-IPO to Fortune 50 companies looking to modernize, simplify, and elevate their functions. AuditBoard is the top-rated audit management and GRC software on G2, and was recently ranked for the second year in a row as one of the 100 fastest-growing technology companies in North America by Deloitte.Today’s business world is shifting rapidly. Decisions have to be made faster than ever and under increasing pressure. To survive – and thrive – organizations must be able to transform their business model and continuously adapt to fast-changing markets. Successful companies are the ones that make the right choices to govern their operations in a sustainable way. They have the tools to strike the right balance between capacity for innovation, cost optimization, and risk management. MEGA helps corporations and governments address business-centric challenges such as corporate governance and business strategy execution, making sure their staff and resources are continuously aligned with their business strategies and objectives. Their comprehensive lineup of enterprise governance software gives you an interactive view of all your business components. The suite is powered by HOPEX, which brings together industry-leading practices in enterprise architecture (EA) and governance, risk, and compliance (GRC) into a single system. With MEGA, you get the visibility and tools you need to navigate change and improve decision-making – with a sharp focus on your business needs. 

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