Looking at audit ratings and opinions for today's high-stakes environment
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4 June 2025 12:00 am - 12:00 am
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Training course
Your audit ratings and opinions aren't just reports – they're critical tools that boards and regulators rely on for decision-making. Can your current rating system withstand this enhanced scrutiny? Ensure your audit opinions deliver the assurance your stakeholders demand in today's complex risk environment.
In an era where regulatory scrutiny is at an all-time high and audit committees are demanding greater assurance, internal audit practices are rapidly evolving. With the FCA's increased focus on operational resilience and the new Consumer Duty requirements, your audit opinions carry more weight than ever before. Don't wait for a regulatory challenge or board scrutiny to expose gaps in your rating methodology. Secure your place now to stay ahead of evolving audit expectations and strengthen your function's credibility with stakeholders.
Course overview
This essential session is designed for:
- Chief Audit Executives looking to strengthen their overall assurance framework
- Internal audit managers who need to ensure their ratings align with evolving regulatory expectations
- Senior auditors seeking to enhance their opinion-writing skills in an increasingly complex risk environment
After this intensive webinar, you'll be equipped to:
Modernise your rating process by benchmarking against leading UK financial services practices, including:
- Crafting ratings that reflect the nuances across different risk categories
- Aligning with advanced maturity frameworks in use
- Incorporating critical risk culture assessments in your ratings
- Developing a risk-appetite sensitive rating approach that resonates with your board
Master the art of forming robust audit opinions that:
- Stand up to potential regulatory challenge
- Effectively aggregate findings across processes
- Address emerging risks in areas like operational resilience and cyber security
Navigate sensitive regulatory matters with confidence, ensuring your ratings:
- Align with key regulatory frameworks including SMF requirements
- Address emerging ESG and conduct risk considerations
- Meet heightened expectations around operational resilience
Build a comprehensive approach to overall opinions by:
- Leveraging diverse evidence sources beyond traditional audit work
- Clearly communicating limitations without diminishing impact
- Effectively benchmarking against peer insights and external assessments
Competencies: Professionalism, Performance