Transcript ACL Risk Introduction - St. Louis ACL User Group

ACL Risk Introduction
St. Louis ACL User Group
Chad Wood – Audit Management Specialist
[email protected]
604-646-4279
ACL | Transforming Audit and Risk
© 2012 ACL Services Ltd.
ACL Risk extends a risk assessment capability for audit or compliance teams to determine which areas of
their organization are most at risk in order to focus their audit resources for a given period or year. To do
this, ACL Risk enables customers to model their organizational entities with relevant processes, categories,
projects or strategic elements – and use a quantitative measurement to score and map risks to their model.
A map of this model is provided that will illustrate clusters of risks and help identify the areas customers will
want to focus their resources. From this, the customer will create projects in ACL Risk and release them
into ACL Workpapers where they will be executed and managed.
In short, ACL Risk is used to determine which projects to undertake for audit and compliance based on
organizational risk.
 Enterprise Risk Management – Audit drives the assessment
- Executives will have Read-Only permissions (Add comments and Files)
 Roadmap and Vision
- Future Integration (GRC Results Manager, Creating a Project from ACL Risk)
 Cloud-Based and accessed through shared portal with ACL Workpapers
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ACL | Transforming Audit and Risk
© 2012 ACL Services Ltd.
Transforming Audit
An End-to-End Integrated Product
Knowledge
Content
Specialized, Problem-Specific Knowledge
Strategic
Corporate
Risks
Audits
Objectives
“What
Could Go
Wrongs”
Controls
Tests
Exceptions
Findings
Risk
Assessment
Audit
Management
Audit
Analytics
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ACL | Transforming Audit and Risk
© 2012 ACL Services Ltd.
Transformational Value Props
Data Analysis (DA)
Enterprise Continuous
Monitoring (ECM)
GRC
“Data-Driven GRC”
(GRC + DA)
“Continuous GRC”
(GRC + DA + ECM)
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ACL | Transforming Audit and Risk
© 2012 ACL Services Ltd.
Value Migration – Risk Analysis Capability
Maturity
Data Analysis
Enterprise Continuous Monitoring
GRC
Data-Driven GRC
Continuous GRC
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ACL | Transforming Audit and Risk
© 2012 ACL Services Ltd.
ACL Risk - DEMO
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