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Popular This Week: Risk Assessment Facilitation Guide and more!

Posted by Protiviti KnowledgeLeader on Tue, Nov 06, 2018 @ 02:11 PM

This week, we are highlighting the Top 5 Pages on KnowledgeLeader from October 29-November 2! Take a look at the "best of the best" of our tools that could help you simplify your audit projects.


1. Risk Assessment Facilitation Guide

This guide outlines the process of completing a facilitated risk assessment session. The facilitated session is designed to encourage cross-functional communication that will build consensus around the risks that really matter. It is not a performance appraisal—it is a diagnostic tool to help focus your risk management priorities.




2. Control Self-Assessment Questionnaire

The management team is responsible for designing, adhering to and monitoring the significant operating and financial controls of an organization. This short self-assessment has been designed to obtain input from management team members in order to establish a common understanding of the level of control within an organization or department.








3. Internal Audit Risk Assessment Questionnaire

Internal audit performs a risk assessment to identify and prioritize key risks to best allocate the internal audit resources for the next year. This risk-based approach is focused on surveys/interviews of a cross-section of management personnel to solicit input from the potential customers of an internal audit function. 

The output from the surveys and interviews can be used to develop an audit plan that creates broad coverage through a blend of internal audits, control self-assessment and targeted external audit coverage.






4. System Implementation Risk Assessment Questionnaire

This questionnaire helps to assess the risks involved in the implementation of any new or updated software application at a company.

Sample questions include: In what ways (e.g., functionality, performance, efficiency) will the new system benefit your department and the organization the most? What area of your department or the organization will be impacted the most by this new system? Will the business process change significantly, hence requiring new or significantly updated process documentation? How critical do you feel this implementation is to the organization?





5. Root Cause Analysis Guide

This guide provides an overview of the root cause analysis process and provides sample steps used to perform one.

Root cause analysis can have a number of positive impacts on the organization including: cost savings through issue prevention, reduction of complaint costs, reduction of penalties, fraud prevention, improved public relations, protection of the brand and positive impact on corporate culture.

Topics: KnowledgeLeader tools, weekly top 5

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