Verracy Free Webinar Series: Auditing Strategic Initiatives

Navigating Entity-Level Risks and Ensuring Organizational Agility

Zero in on the art of auditing strategy, focusing on strategic initiatives, entity-level risks, and controls. It’s designed to arm internal auditors with a targeted yet broad-spectrum view of the complex, ever-changing business landscape. We underscore the importance of evaluating risks at the organization’s apex, emphasizing how critical it is to scrutinize the overarching approaches to risk management amidst prevalent threats.

In the wake of the pandemic and persistent supply chain vulnerabilities, the session highlights the crucial role auditors play in ensuring that strategic initiatives are not only resilient but that risks are thoroughly managed, and adherence to the constantly evolving regulatory landscape is assured. Finally, we delve into why it’s essential to assess the organization-wide risks that influence employee and management behavior, including cultural norms, measurement and reporting frameworks, and incentive programs. This comprehensive approach ensures auditors are well-equipped to safeguard their organizations against the multifaceted challenges of today’s business environment, fostering a culture of resilience, compliance, and strategic foresight.

Learning Objectives:

• Equip participants with the knowledge to audit strategic initiatives and entity-level risks, ensuring alignment with organizational goals and compliance with evolving landscapes.
• Strengthen comprehension of the pivotal role internal auditors play in pinpointing and mitigating risks originating from executive-level directives and decisions.
• Foster proficiency in evaluating the impact of organizational culture, measurement programs, and incentive schemes on risk management and strategic decision-making processes.
• Develop insights into the best practices for assessing and ensuring the resilience of strategic initiatives in the face of global business challenges and uncertainties.