Building a Risk Model for Auditing Central Support Functions Utilizing Data Analytics OAR255

Building a Risk Model for Auditing Central Support Functions Utilizing Data Analytics OAR255

A tremendous amount of cost is incurred in those areas that are necessary to operate but are not self-supporting from a cash perspective. To manage the organization effectively on a holistic basis it is necessary to not only effectively manage the costs of developing and delivering your products and services but also the significant cash consumers of central support, HR & Technology Services to name two.

In this course you will learn how to efficiently and effectively perform powerful risk assessments of every key area of central support utilizing data analytics. Employing data analytics is the only way to accurately assess every aspect of risk that can be present. This will range from the effectiveness of controls from a design and operation standpoint to the performance of the key functionalities of each. You will learn how to identify root causes of risks that are present and develop proven business cases for why management must act to correct these deficiencies. In addition, you will discover how to implement a continual risk assessment methodology for these areas.