For nearly two decades, members of the audit profession have talked about integrated audits, their advantages, and the appropriate steps for conducting them. However, not much more than general consensus has emerged from these many years of dialogue. Few audit professionals would argue against the integrated model — audits that focus, simultaneously, on an organization's financial, operational, and IT controls rather than conducting overly redundant audits — as the most effective way to conduct an audit. Yet, while many audit professionals and internal audit organizations claim to have adopted the streamline, test-once, comply-many integrated model in fact, most have not. Come join The IIA and Grant Thornton as we discuss the components of the integrated audit approach and how it can streamline compliance.
This presentation will explore:
- What is an integrated audit approach?
- A framework and process to consider in your own compliance environment.
- Practical advice on where to start.
Course Duration: 1 hour
CPE Hours Available: 1
Knowledge Level: Intermediate
Field of Study: Auditing
Advance Preparation: None
Delivery Format: Internet Group Live