Professional Documents
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Permendagri No 130 Tahun 2018 Tentang Kegiatan Pembangunan Kelurahan 20
Permendagri No 130 Tahun 2018 Tentang Kegiatan Pembangunan Kelurahan 20
Permendagri No 130 Tahun 2018 Tentang Kegiatan Pembangunan Kelurahan 20
Risk Assessments
The Institute of Internal Auditors
Beach Cities Chapter
Presented By:
Jim Godsey, Partner
Mark Cousineau, Senior Manager
• Program Results
• Need for Improved Performance
– Reduced Resources
– Increased Service Demands
– Diminished Reserves
1
Four-Phase Process
• Startup / Management
• Fact Finding
• Analysis
• Reporting
2
Start-up and Management
3
Fact Finding – Document Review
4
Fact Finding – Interviews
5
Fact Finding – Walkthroughs
6
Fact Finding – Surveys
• Confidential
• Online
• Broad participation
• Low cost
• Easy to administer
7
Analysis
8
Reporting
9
Risk Assessment Process
Risk Assessment – Internal Control
10
Risk Assessment – Optimal Risk Taking
“Sweet Spot”
Risk Level
11
Risk Assessment Overview
12
Risk Assessment Overview
13
Risk Assessment Framework
Business Risks
(Inherent Risks) Customized
Audit Universe
& COSO Control Checklists
Risks
Internal Audit
Revisit Annually
Assess Risk Plan Based on
/Major Change
Risk
14
15
Procurement
Human Resources
Department /Process
Department /Process
L
L
Public Reputation Public Reputation
M
Financial H Financial
M
Operational
H
Operational
M
L
H
Strategic
M
Strategic
M
H
M
H
M
H
Fraud Fraud
75
S
W
Monitoring Monitoring
58
96
1%
Never
25% 25%
Would if
they could
Looking
49% Stealing
Source: ACFE
16
Fraud Overview
17
Fraud Overview
18 22
Fraud Overview
19 23
Fraud Overview
20 24
Fraud Overview
21 25
Fraud Overview
22 26
Questions?
Jim Godsey, Partner Mark Cousineau, Senior Manager
777 S. Figueroa Street, Ste 2500 777 S. Figueroa Street, Ste 2500
Los Angeles, CA 90017 Los Angeles, CA 90017
P: 213.408.8666 P: 213.408.8674
E: jgodsey@mgocpa.com E: mcousineau@mgocpa.com