Risk Based Audit

Risk Based Audit is a management system where the Risk Executive of the company can follow the progress of the different processes against their risks. In this system, the auditors can have a steering role to take some corrective actions since they perform their audits against the control activities and risks defined on different steps of the processes. Also, the risks and progress against risks are communicated in this interactive platform.

Risk Based Audit system is implemented by sequential steps such as ; Definition of Risks & Control Activities, Classifications of Risks, Assessment of Risks, Audit, Analysis & Update.

Ironman Consulting has strong and technology integrated solutions for Risk Based Audit. Our service offering on those areas cover both business and technology consultancy.