Auditing Organisational Resilience and Robustness

Overview

• Businesses globally are on a path of continuous change, amid extreme political, environmental and catastrophic events.
• At the same time, the pace of digital transformation continues to increase at record speeds, with more change expected in the next decade than we have ever seen in history.
• Business resilience and robustness seek to strengthen and continually improve operations.
• Simply put, building organisational resilience will help your business prosper. Good governance and effective risk management, incorporating audit and assurance activities which are forward-looking, flexible and consultative, can help organisations remain competitive, meet stakeholder expectations, and thrive long-term regardless of most circumstances.
• Organisations with a focus on resilience often emerge renewed and strengthened amid disruption.

Course Content

• The eco-system network in which the organisation participates.
• This includes services, clients, providers, out-sourcing, regulators demands.
• The meaning of resilience and robustness for the governing body of the organisation and top management.
• The key services which provided to our eco-system and how fast must they be restored. The interdependencies between them.
• The sources of stress and the key existing and emerging threats to the business and the socio-technological system in which services are provided.
• The interactions of Internal audit and how it can use this information to shift its emphasis towards providing insights on the robustness of controls in times of stress rather than simply providing assurance on the effectiveness of controls in the existing context.