Raven Catlin, CPA, CIA, CFSA, CRMA · 2019. 6. 26. · 7 2 3 6 1 4.6 Derivaves 8 9 4 7 10 7.3...
Transcript of Raven Catlin, CPA, CIA, CFSA, CRMA · 2019. 6. 26. · 7 2 3 6 1 4.6 Derivaves 8 9 4 7 10 7.3...
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PERFORM WITH INTEGRITY ™
7Predic)onsforSuccessfulFutureofInternalAudit
RavenCatlin,CIA,CPA,CFSA,CRMA
© 2019, Raven Global Training / Raven Catlin @raventraining
RavenCatlin,CPA,CIA,CFSA,CRMA
! Callme:571-283-1878! Emailme:[email protected]! LinkedIn.com/in/ravencatlin! ChiefAuditExecu)ve! BornAuditor! 21yearsininternalaudit&riskmanagement! 16yearsfacilita)ngandeduca)ngprofessionals
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© 2019, Raven Global Training / Raven Catlin @raventraining
RavenGlobalTraining,LLC! Providingin-house,virtual,andon-sitetrainingservicestocorpora)ons,governments,not-for-profits,&associa)ons
! 200coursestoadddimensionstoyourlife&future! 10engagingfacilitatorsinGRC,IA,IT,&DA! TwiXer:@raventraining! Facebook:@globalrisktraining! Website:www.ravenglobaltraining.com! Email:[email protected]
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Innova)ng
HostedbytheMid-Atlan)cIIADistrictConference
PresentedbyRavenCatlin
RavenGlobalTraining
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RavenGlobalTraining,LLC! Website:www.ravenglobaltraining.com! TwiXer:@raventraining! Yourmission:
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• HaveFun• AskQues)ons
• Sharesomething• Think
© 2019, Raven Global Training / Raven Catlin @raventraining
Attheendofthissession,youwillbeableto…
! Respondtothe7Predic)onsforInternalAudit
! InnovatetheAuditProcess! ListtheSkillsNeededtoStayRelevantandSecureOurFuture
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Let’sGetSocial:#InternalAudit#GRCSummit
LinkedIn:RavenCatlinTwiXer:@raventraining
Facebook:@globalrisktraining
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1:RavenGlobalTraining’sExtremeRiskBasedAudits
Gather Information
In Scope? Go/No Go
Perform Data Analytics
Identify Business Objectives
Identify Risks
Assess Inherent Risk Impact &
Likelihood
Identify Controls
Adequately designed?
Risk based Finding
Design Tests of Controls / Attribute Test
Pass/Fail?
Substantive Testing?
YES
YES PASS
NO FAIL
FAIL
Give client a hi-five
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AuditableEn)tyFocus
Factors/Weight
$ Complexity MgmtStability
VolumeofTransac>on
TimeSinceLastAudit
Score
30% 15% 20% 25% 10%
AccountsPayable
7 2 3 6 1 4.6
Deriva)ves 8 9 4 7 10 7.3
GovernmentRela)ons
1 10 6 2 7 4.2
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Transforma)onalChangeAssesswhereyou
aretoday
Pickwhereyouwanttobe
Chartyourcourse(vision&strategy)
BeginthejourneyMeasureprogress
Correctasnecessary
Celebrate!
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© 2019, Raven Global Training / Raven Catlin @raventraining
“ConciergeAuditor”
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6:RecommendIntelligentInternalControls
DesignfirstValuesecondCostthird
Compliance/Auditlast
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7:MoreAn)-FraudFocusControlEnvironment
• Boardoversight• Codeofethics/conduct
• EthicsHotline
FRAIden)tyen)tyLevelscheme&Scenariosrisks
Assesslikelihood&impact
ControlAc)vi)esDesign
&Implement
Controls
Iden)fycontrolgaps
RiskResponse
EnhanceControls
MonitoringAc)vi)es• FraudSummaryReport
• EthicsHotline
Con)
nuou
sreassessmen
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My3NuggetsPredic)onsforIA
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Ques)ons?
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FeedbackandCommentstoRavenGlobalTraining
www.ravenglobaltraining.com
Raven Catlin CEO & Lead Trainer Raven Global Training LLC [email protected] DC Metro 571-283-1878 @raventraining LinkedIn.com/in/ravencatlin https://www.facebook.com/globalrisktraining/
www.ravenglobaltraining.com
ThankYouCon>nuetheconversa>onon#GRCSummit