Internal audit in insurance organizations: driving value through continuous risk assessment and agile plan delivery
The demands on internal audit departments have significantly increased in recent years as a result of advances in technology, rigorous regulations, emerging risks and the desire for additional business insights. Traditional internal audit approaches are giving way to agile methodologies through which internal audit departments are able to improve the collaboration and engagement with stakeholders and management. Organizations find they are able to respond faster to changing risks and priorities, accelerate audit cycles and increase the value obtained from audit and advisory engagements.
This on-demand webinar explores options to drive value through continuous risk assessment and agile auditing methods for consideration by chief audit executives, internal audit staff and IT auditors. Agile audit delivery is also discussed to help with the understanding of the “definition of done” and alignment of other traditional agile development concepts to internal audit delivery.
Key takeaways:
- Agile methods and applicability to internal auditing
- Methods for bridging the gap from the current state audit approach and implementation of continuous risk assessment and agile audit planning
- Agile methods to the internal audit planning cycle and audit and advisory engagements
For more information on this topic, or to learn how Baker Tilly insurance specialists can help, contact our team.
