Providing Post Pandemic Assurance: Audit's Critical Role in the New Normal

Michael Rasmussen
Michael Rasmussen GRC 20/20 Research, LLC

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Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of enterprise GRC, GRC technology, corporate compliance, and policy management. With 27+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architecture, and select technologies that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester.

Description

The pandemic challenged audit with providing assurance to the organization as objectives shifted, processes changed, staff was reduced, roles and responsibilities evolved, and employees moved quickly to a work from home environment. Organizations learned firsthand about the interconnectedness of risk as a health and safety risk proved to be the initial domino that knocked over other dominos of fraud, security, privacy, conduct, and resiliency risks. As we emerge from the pandemic, organizations need continuous assurance that business is in control. Internal audit needs to monitor process and role changes coming out of the pandemic just as closely as it did in the early days of rapid change. Audit has a critical role to play to provide assurance on what is now commonly called ‘the new normal’ — continued work from home, process and role agility, and resiliency are key topics in the months to come. This webinar will address what audit needs to do to provide assurance to the organization as it moves out of the pandemic into the new normal.

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