Focus Pages » Maximize Your Risk Management Training Efforts


July 11, 2008
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Maximize Your Risk Management Training Efforts

 

Chief Risk Officer
This revolutionary role was created in the wake of the onslaught of corporate scandals and the resulting legislation that followed such as, the Basel Accord, the Sarbanes-Oxley Act and others. A corporate Chief Risk Officer is generally responsible for assessing and planning for potential risks in the various segments of a given business model. In reference to the finance industry, a Chief Risk Officer is often the authority on maintaining compliance throughout an organization. He or she may also be responsible for internal audit training and risk management training. Paisley offers unique and proven applications for use by your Chief Risk Officer for both the auditing process and internal audit training/risk management training.

Powerful Paisley Solutions


Risk Navigator® was designed to help companies comply with Sarbanes-Oxley and establish long-term corporate governance and risk management training practices. It’s an immediate solution with the capacity for full control of compliance to the New Basel II Accord and other issues useful for internal audit training.

CARD®map software was designed to help organizations meet risk and control governance responsibilities including emerging Basel Operational Risk requirements under the purview of the Chief Risk Officer.

AutoAudit® software takes the paperwork out of work papers. It’s a fully integrated audit automation system. It allows audit departments to complete their work in a single database. With modules for risk assessment, planning, scheduling, work papers, reporting, issue tracking and administration, it’s the most complete way to manage an audit department and is a must for Chief Risk Officers or others involved in internal audit training.



Internal Audit Training
To get an organization in the top compliance form required to by today's demanding business needs, internal audit training may be required. If your Chief Risk Officer is unable to provide this training, our professional trainers are standing by to asssit your auditors and controllers understand the risks and opportunities in every facet of every department in your corporation. We can use our expert internal audit training techniques to help you develop control maps tailored to your organization’s compliance needs. We also offer risk management training.

Risk Management Training
The internal audit process allows you to properly assess various risks and controls, identify problems, monitor performance, assign responsibility and prioritize action areas. Over time, an integrated database of performance results, loss history, risk exposures, controls, residual risk status, and action plans for your entire organization can be built following the steps outlined by our risk management training methodologies.

In a world where globalization, technology, competition, deregulation and cost containment pressures are a way of life, where the proliferation of assurance and inspection groups and approaches is imposing a heavy burden on work units, Paisley Consulting offers the integration and streamlining of all your compliance requirements, including intuitive software packages and professional training.




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