Control frameworks and compliance: Bridging the gap to risk management.

Oversight of the internal control environment is a critical component for compliance professionals. What makes you – and your board, executive and regulators – comfortable that those controls are helping your organization achieve objectives safely and consistently? 

To achieve that confidence, many turn to control frameworks that outline common practices to implement the controls. In some cases, alignment with those frameworks becomes a de facto requirement.

However, ineffective implementation of control frameworks can miss the forest for the trees.

Implementing controls can become a burden and "something we have to do" rather than linking to business objectives. At their worst, they become a tangled mess of documentation and provide a false sense of security until something goes wrong. Meanwhile, compliance professionals can struggle to identify critical information when it's needed to be confident in processes or to highlight red flags.

Join Protecht Chief Research & Content Officer, David Tattam, and our Research & Content Lead, Michael Howell to explore how you can build an effective controls management process that properly aligns with the controls framework and provides assurance to compliance and risk professionals alike.