Over the last few years, the world has experienced many shocks – the pandemic, wars, and the effects of climate change – which have caused rapid changes in the economy and factors such as supply and demand, workforce participation, inflation, and interest rates. Many internal auditors and business leaders have never faced such changes and are adapting to the change in the opportunities and risks this brings.
In this webinar, we explore the changes to the risk landscape and how this affects our businesses and the priorities for Internal Audit. We also look at how Internal Audit can integrate its understanding of economic risk into all of its audits, and support the business in addressing the challenges this brings.
Learning objectives:
- Gain an appreciation of the drivers of economic uncertainty and how these can affect factors
such as supply and demand, workforce participation, inflation, and interest rates. - Get insight into how economic uncertainty and change affect the risk profiles of our organizations.
- Understand how Internal Audit can adapt its view of the risk landscape and incorporate economic considerations into its audit of many areas of an organization.