Strategic Foresight
Analysis
Understanding & Repairing Misalignments on Risk
April 23, 2021
Tags: foresight
Highlights
- Two years of survey data by The Institute of Internal Auditors (IIA) shows misalignment among governing bodies, CEOs, and heads of internal audit when it comes to risk, including an assessment of top risks and the organization’s capability and preparedness.
- By drawing on the principles of The IIA’s Three Lines Model, especially the emphasis on the importance of collaboration, this panel discusses how auditors can prepare better risk assessments and foster greater organizational alignment.
- The methodology used in The IIA’s OnRisk2020 and OnRisk2021 reports and the Three Lines Model emphasis on accountability, actions, and independent assurance as the essential components of organizational governance will be shared.
| About the experts Francis Nicholson, CIA, QIAL, CRMA, Vice President Global Relations, Institute of Internal Auditors Francis leads the design and execution of engagement with The IIA’s 110 affiliates and five associated organizations, and influential stakeholder bodies on a global basis. He also works to support The IIA’s over 200,000 members in being effective advocates on a local, national, and regional basis. His duties include leading global advocacy, promoting the value of the profession of internal auditing to foster an environment in which internal auditors can maximize the contribution they make to their organization’s success. Jim Pelletier, CIA, CGAP, Vice President, Standards & Professional Knowledge, Institute of Internal Auditors Jim has more than 20 years of internal auditing experience in both the public and private sectors. In his current role as the Vice President of Standards and Professional Knowledge for The IIA, he provides direction for The IIA’s International Professional Practices Framework (IPPF), professional guidance, the Audit Executive Center, the Financial Services Audit Center, the Public Sector Audit Center, the Environmental, Health and Safety Audit Center, and Ia Magazine. Harold Silverman, CIA, QIAL, CRMA, Managing Director of Professional Practices, Institute of Internal Auditors Harold serves as the liaison to The IIA’s International Internal Audit Standards Board, and oversees the development and maintenance of all aspects of the International Professional Practices Framework. He also leads The IIA’s CAE Services offerings, including thought leadership on emerging trends and leading practices. Harold was previously vice president of internal audit at The Wendy’s Company, VP of internal audit at Houghton Mifflin Harcourt Publishing Co., and held internal audit positions at Raytheon Co. and PwC. |
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Strategic Foresight