Gerardus Blokdyk

Risk Based Internal Auditing A Complete Guide - 2020 Edition


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      53. Is the need for organizational change recognized?

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      54. Do you need to avoid or amend any Risk based internal auditing activities?

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      55. Can management personnel recognize the monetary benefit of Risk based internal auditing?

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      56. What else needs to be measured?

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      57. Have you identified your Risk based internal auditing key performance indicators?

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      58. How do you recognize an objection?

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      59. Are controls defined to recognize and contain problems?

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      60. What tools and technologies are needed for a custom Risk based internal auditing project?

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      61. Are losses recognized in a timely manner?

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      62. What is the extent or complexity of the Risk based internal auditing problem?

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      63. As a sponsor, customer or management, how important is it to meet goals, objectives?

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      64. Will new equipment/products be required to facilitate Risk based internal auditing delivery, for example is new software needed?

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      65. What prevents you from making the changes you know will make you a more effective Risk based internal auditing leader?

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      66. What Risk based internal auditing events should you attend?

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      67. Will a response program recognize when a crisis occurs and provide some level of response?

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      68. What are the Risk based internal auditing resources needed?

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      69. What is the Risk based internal auditing problem definition? What do you need to resolve?

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      70. How do you identify subcontractor relationships?

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      71. Who needs to know?

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      72. How are you going to measure success?

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      73. What Risk based internal auditing capabilities do you need?

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      74. Do you recognize Risk based internal auditing achievements?

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      75. What does Risk based internal auditing success mean to the stakeholders?

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      76. Are there recognized Risk based internal auditing problems?

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      77. Consider your own Risk based internal auditing project, what types of organizational problems do you think might be causing or affecting your problem, based on the work done so far?

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      78. Are there any revenue recognition issues?

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      79. Which information does the Risk based internal auditing business case need to include?

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      80. How do you assess your Risk based internal auditing workforce capability and capacity needs, including skills, competencies, and staffing levels?

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      81. How many trainings, in total, are needed?

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      82. Why is this needed?

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      83. Who should resolve the Risk based internal auditing issues?

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      84. How are the Risk based internal auditing’s objectives aligned to the group’s overall stakeholder strategy?

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      85. Does Risk based internal auditing create potential expectations in other areas that need to be recognized and considered?

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      86. Are there Risk based internal auditing problems defined?

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      87. What are your needs in relation to Risk based internal auditing skills, labor, equipment, and markets?

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      88. What is the problem and/or vulnerability?

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      89. What are the timeframes required to resolve each of the issues/problems?

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      90. What resources or support might you need?

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      91. How do you take a forward-looking perspective in identifying Risk based internal auditing research related to market response and models?

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      Add up total points for this section: _____ = Total points for this section

      Divided by: ______ (number of statements answered) = ______ Average score for this section

      Transfer your score to the Risk based internal auditing Index at the beginning of the Self-Assessment.

      CRITERION #2: DEFINE:

      INTENT: Formulate the stakeholder problem. Define the problem, needs and objectives.

      In my belief, the answer to this question is clearly defined:

      5 Strongly Agree

      4 Agree

      3 Neutral

      2 Disagree

      1 Strongly Disagree

      1. What sort of initial information to gather?

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      2. Are resources adequate for the scope?

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      3. How do you gather requirements?

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      4. When are meeting minutes sent out? Who is on the distribution list?

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      5. How do you hand over Risk based internal auditing context?

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      6. What scope do you want your strategy to cover?

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      7. Has the improvement team collected the ‘voice of the customer’ (obtained feedback – qualitative and quantitative)?

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      8. Have all of the relationships been defined properly?

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      9. What is the scope of the Risk based internal auditing effort?

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      10. Is it clearly defined in and to your organization what you do?

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