How to take command of your internal controls.
Key information and topics covered:
Even though most organizations will advocate the importance of matching risks with controls, controls are often not well understood or managed.
This can lead to a control framework that inadequately addresses risk, is not effective, is not fit for purpose, and is cumbersome and costly to manage and maintain.
What you will learn:
- The essential elements of controls
- How a control modifies risk
- The main types of controls
- Which measures should be recorded in a risk and control register
- Control monitoring and assurance
- Reporting on the control environment