Learning Objectives:
- Understand what integrated assurance is and the benefits of increasing integration and its associated risks.
- Understand the main stages of ever increasing integrated assurance – basic coordination, collaborative planning, integrated methodology, reliance and joint work
- Examine a range of assurance activities that promote integration of assurance provision
- Understand how to apply the activities within your own organization through seeing real world application of the ideas presented
Integrated assurance is the coordination and integration of the range of assurance activity conducted across an organization with the aim of providing a more complete view of risk management and control effectiveness. Drawing on the author’s direct experience of implementing integrated assurance at a large international organization, this webinar explores ways in which assurance activity across an organization can be better managed to reduce cost and increase coverage to provide the Board with a sharper picture of the effectiveness of controls and the overall risk management culture.
The webinar will examine the conditions that need to be in place for successful integrated assurance implementation such as common ratings and materiality thresholds, single collation of control issues and risks, operation of a single risk taxonomy and integrated planning and outline a simple approach to making this happen.
After completing the webinar you will have a range of ideas and inspiration on how to work with colleagues across your organization to increase the impact of your organizations assurance activity. You will also have the opportunity to question Jonathan directly on this important topic.