We recently hosted a session addressing digitizing financial risk management and control beyond COVID. The focus of the webcast was to understand the lessons of the COVID crisis (both positive and negative) and apply them to evolving more proactive and agile automation for risk management and control into the future.

Thank you to all those who have already taken the survey. Please join and share your perspectives if you have not.

Looking at the longer term plans for the future beyond COVID, this survey has 14 questions and takes 3 minutes, and aims to understand how Finance, Shared Services, GBS and Technology groups are responding, and planning to respond, to the challenges presented by COVID and the resultant, very obvious, economic effects.

As you may be aware, The Institute of Internal Auditors (IIA) have released a revised and evolved “3 Lines”.

We all represent one of these lines in this model of management.

Originally focused on risk management and assurance, the model is no longer just about “defense” (or “defence” depending on which side of the Atlantic you are), but about creating value by managing objectives, navigating both risk and opportunity, as a collaborative endeavor (endeavour) and incorporating the key management concept of “risk informed decision making”.