The future of ongoing risk evaluation
ComplianceFinanceTax & AccountingDecember 03, 2020

The future of ongoing risk evaluation in your organization

The world we live in is rapidly changing. As these changes occur, risks are also emerging at an incredible pace. With so much happening all around us, how can internal auditors manage risk and environmental changes to deliver timely insights that matter most to the business?

Today, business decisions have to be made faster, both in response to changing conditions transpiring now and in anticipation of what’s next. This means it’s no longer prudent to perform internal auditing tasks yearly. Stakeholders want information about the risks they are facing tomorrow, not the risks from the past year.

To keep pace, you need to shift your internal audit team toward a continuous risk assessment mindset. And it all starts with your audit universe.

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Michael Schacter
Senior Product Manager, TeamMate
Michael Schacter has been with TeamMate since 2013. Before TeamMate, he was a Global Internal Auditor and TeamMate Champion with McCain Foods. With experience using AM, he joined the TeamMate family in 2013 as a Professional Services Consultant for North America, implementing and educating clients on all TeamMate software products.