Implementing the Internal Audit Balanced Scorecard

Duration 90 Mins
Level Basic & Intermediate
Webinar ID IQW15C6566

 
This webinar addresses the questions:
•How do we build the Scorecard?
•What will we measure?
•How will we report?
•How does this compare to a QAR?

 

Overview of the webinar

In ensuring that Internal Audit achieves its objectives in a demonstrable manner, it is critical to have a plan, set goals, and measure your success.  Having a plan and measuring are more important than the specific tool you use. The Balanced Scorecard is a tool developed by Robert S. Kaplan and David P. Norton. It is an “Holistic” approach that extends beyond financial measures and incorporates other priorities thus linking strategic institutional plans and priorities 

Who should attend?

• Governance, Risk, Compliance (GRC) staff
• CFO, Treasurers
• Chief Risk Officers,Chief Legal Counsel,Chief Compliance Officer
• VPs of Risk Management, VP of Finance, Controllers
• Director, Internal audit
• Director, Operational Risk
• Manager, Enterprise Risk Management
• Risk analysts
• Information security directors/managers
• GRC and IT directors/Consultants involved in following areas- Audit, Compliance, Governance, Risk management, Sarbanes Oxley (SOX), Ethics, Regulatory, Legal, Governmental affairs, IT, Accounting, Finance, Reliability, Quality assurance

Why should you attend?

It attempts to translate an organization's mission and strategy into a comprehensive set of performance measures that provides the framework for a strategic measurement and management system. As with corporate Balanced Scorecards, the Internal Audit Scorecard addresses the perspectives:
–Financial perspective
•How do we look to shareholders?
–Customer perspective
•How do customers see us?
–Internal Business perspective (BPR)
•What must we excel at?
–Innovation & Learning perspective
•Can we continue to improve & create value?

Faculty - Mr.Richard Cascarino

Richard E. Cascarino, MBA, CIA, CISM, CFE, CRMA Well known in international auditing, Richard is a principal of Richard Cascarino & Associates based in Colorado, USA and Johannesburg, South Africa with over 32 years’ experience in audit training and consultancy.
He is a regular speaker to National and International conferences and has presented courses throughout Africa, Europe, the Middle East and the USA.
Richard is a Past President of the Institute of Internal Auditors in South Africa, was the founding Regional Director of the Southern African Region of the IIA-Inc and is a member of ISACA, and the Association of Certified Fraud Examiners, where he is a member of the Board of Regents for Higher Education.
Richard was Chairman of the Audit Committee of Gauteng cluster 2 (Premier's office, Shared Services and Health) in Johannesburg and is currently the Chairman of the Audit and Risk Committee of the Department of Public Enterprises in South Africa.
He is also a visiting Lecturer at the University of the Witwatersrand, author of the book Internal Auditing - an Integrated Approach, published by Juta Publishing and now in its 3rd edition. This book is extensively used as a university textbook worldwide. In addition, he is the author of the "Auditor's Guide to IT Auditing" published by Wiley Publishing, now in its 2nd edition and the book "Corporate Fraud and Internal Control: A Framework for Prevention", also Wiley Publishing. He is also a contributor to all 4 editions of QFINANCE, the UItimate Resource, published by Bloomsbury and is the author of "Data Analytics for Internal Auditors" published in 2017 by Auerbach. 
 

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