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Assurance mapping and co-ordination

Presented by: James Paterson

An assurance map (AMAP) is a tool to ensure key risks are assured across your organisation – driving out gaps and overlaps in the assurance jigsaw. It is one of the key areas identified as an area for improvement in External Quality Assessments. The idea seems straightforward but there are many stories of lengthy, complex and incomplete assurance mapping efforts as well as overly informal assumptions about the quality of work done by others.


Who should attend?

Heads of internal audit, internal audit managers and anyone whose involved in assurance processes.


What will I learn?

Upon completion you will be able to:

  • reflect on the update in the IIA standards Coordination and Reliance 2050
  • understand the foundations of an effective assurance map and effective assurance coordination, and what we mean by “reasonable assurance”
  • recognise the key pitfalls that can arise and how to avoid them
  • learn how to prioritise your current efforts and the importance of realistic scoping and being clear about the benefits that any assurance efforts will deliver
  • understand the implications of a risk assurance approach for audit planning and audit assignments and integrate assurance into other processes such as risk.

Course programme

Definitions and benefits

  • Chartered IIA and other definitions of assurance maps, assurance coordination and assurance frameworks.

How to start and pitfalls to avoid

  • a framework for progressing with assurance maps
  • the common pitfalls - not understanding how much “reasonable assurance” is needed, and underestimating the importance of being clear about roles and accountabilities.

Practical application of assurance mapping techniques

  • case studies – financial controls, compliance, projects, streamlined board reporting.

Coordinated ways of working

  • frameworks for improving the coordination between audit and assurance providers
  • measuring the assurances from others.

Implications for audit planning and assignment delivery

  • implications of an assurance approach for audit planning and assignments
  • review of progress/plans in your organisation and insights on key areas to prioritise, keeping efforts realistic.

CPE competency areas covered

  • IPPF
  • Governance, risk and control

14 CPE points


Full price

Member: £1175 + VAT
Non-member: £1390 + VAT

SAVE £200 when you book 3 months in advance for a face to face course

Date/Info

Date:

17 - 18 March 2021

Time:

09:00-17:00
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