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Audit Function Risk Register

In a recent management meeting where risk registers for operational divisions are a permanent agenda item and are tabled for discussion and comment by organizational managers i have been asked as the Head of the Internal audit function why the internal audit does not have its own risk register where risks that affect the achievement of the function's objectives are recorded like any other business function such as finance, production etc What are your experience with this? Can anyone sent me a risk register for their audit function?
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Comments

RE: Audit Function Risk Register

Herbert,

This makes sense to me - we have a Risk Register for our Internal Audit function.  I can't send it to you however as its company confidential.  I can suggest risks 

  • Doing the "right" audits / having the right plan
  • Staff retention
  • Adequately trained staff
  • Loss of independence 
  • Business continuity 
I'm sure members can suggest others.

Best Regards,

Ian


 
Ian CookeInfluential at 10/8/2015 2:51:59 AM Quote
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RE: Audit Function Risk Register

No me encuentro actualmente en la oficina.
RoqueLively at 10/8/2015 2:58:07 AM Quote
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(Unrated)

RE: Audit Function Risk Register

No me encuentro actualmente en la oficina.
RoqueLively at 10/8/2015 2:58:07 AM Quote
You must sign in to rate content.
(Unrated)

RE: Audit Function Risk Register

Herbert,

This makes sense to me - we have a Risk Register for our Internal Audit function.  I can't send it to you however as its company confidential.  I can suggest risks 

  • Doing the "right" audits / having the right plan
  • Staff retention
  • Adequately trained staff
  • Loss of independence 
  • Business continuity 
I'm sure members can suggest others.

Best Regards,

Ian


 
Ian CookeInfluential at 10/8/2015 2:51:59 AM Quote
You must sign in to rate content.
(Unrated)

RE: Audit Function Risk Register

Herbert,

This makes sense to me - we have a Risk Register for our Internal Audit function.  I can't send it to you however as its company confidential.  I can suggest risks 

  • Doing the "right" audits / having the right plan
  • Staff retention
  • Adequately trained staff
  • Loss of independence 
  • Business continuity 
I'm sure members can suggest others.

Best Regards,

Ian


 
Ian CookeInfluential at 10/8/2015 2:51:59 AM Quote
You must sign in to rate content.
(Unrated)

RE: Audit Function Risk Register

No me encuentro actualmente en la oficina.
RoqueLively at 10/8/2015 2:58:07 AM Quote
You must sign in to rate content.
(Unrated)

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