How can internal auditors help their organizations better understand the value and urgency of Enterprise Risk Management?

Cura Software's latest whitepaper outlines a number of steps/tactics that internal auditors can take to help their company progress to a more established risk management program:

• Start small – focus on a single functional area or business unit
• Listen & educate – not everyone is familiar with risk management concepts
• Involve team members – not just the person/people running the department
• Share the Internal Audit Risk Assessment – to make sure everyone is on the same page and in agreement on the key risks
• Gain consensus on Risk Likelihood, Impact and Velocity
• Aggregate similar risks & identify controls to mitigate those risks
• Discuss the results with senior management and the Audit Committee

To learn more about how internal audits can advance risk management maturity inside their organizations, read the whitepaper. To download it, complete the form below and proceed to the download page.