An effective way to perform and document an engagement-level risk assessment is to create a risk matrix listing the relevant risks and then expand the matrix to include measures of significance.
Impact and Likelihood Scales
Executive The IIA Mar 05, 2021
The IIA
The Institute of Internal Auditors
Learn more with our other resources
All Things Internal Audit
ep-0041
Executive Webinar Playback
Evolving Your Internal Audit Department With Quality and Technology
All Things Internal Audit
ep-0040
Getting Started With
ep-0015
CAE Bulletin
CAE Bulletin Issue: June 24, 2024
Tone at the Top