An organization has developed mature risk management practices that are followed across all departments. What is the MOST effective way for the audit team to leverage this risk management maturity?
An organization has developed mature risk management practices that are followed across all departments. What is the MOST effective way for the audit team to leverage this risk management maturity?
Integrating the risk register for audit planning purposes is the most effective way for the audit team to leverage the organization's mature risk management practices. A mature risk register provides a comprehensive and prioritized view of the organization's key risks, which can be highly valuable for audit planning. By using this risk register, the audit team can ensure that their audit activities are focused on the areas of highest risk and relevance, thereby improving the efficiency and effectiveness of the audit process.
D is right as per me
Integrating the risk register for audit planning purposes is the most direct and practical way for the audit team to leverage the organization's risk management maturity to enhance the effectiveness and relevance of audit activities.
A mature risk register prioritizes and details the organization's key risks. D is the right answer
Facilitating audit risk identification and evaluation workshops: Facilitating audit risk identification and evaluation workshops is an effective way for the audit team to leverage the organization's mature risk management practices. In these workshops, the audit team can collaborate with the organization's management and stakeholders to identify, assess, and prioritize risks. This process can help the audit team gain insights into the organization's risk management practices, identify gaps, and recommend improvements.
I think answer should be B
the question is about HOW the IS auditor will leverage (make use of ) the matured risk managemnet process..