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#1909630 - 03/28/14 02:44 PM Risk Assessment
osucpa Offline
Diamond Poster
Joined: May 2011
Posts: 1,402
We are about a 1.5 billion dollar community bank. I am wanting to change my Internal Audit Risk Assessment. If someone is using an excel format approach and is willing to share, it would be greatly appreaciated.

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#1910146 - 03/31/14 07:48 PM Re: Risk Assessment osucpa
happyauditor Offline
Platinum Poster
Joined: Nov 2004
Posts: 809
We do not use excel...and are currently revising our risk assessment methodology.
* My opinion is not necessarily that of my employer.

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#1910270 - 04/01/14 12:22 PM Re: Risk Assessment osucpa
KYAuditor Offline
100 Club
Joined: Jan 2003
Posts: 138
I am using excel. I have a series of sheets for all of the areas that I audit that I use to evaluate controls. It feeds into a summary sheet where I also assign a value for inherent risk and whether the risk is increasing, stable or decreasing. The score that is calculated for each area is how I assign the audit frequency.

If you are interested, send me a PM with your e-mail address and I can share. Of course, you would have to modify it to fit your institution.
Just my 2 cents worth--for what its worth!!

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#1913839 - 04/11/14 04:17 PM Re: Risk Assessment osucpa
InternalOdditor Offline
New Poster
Joined: Apr 2013
Posts: 16
We also used excel, and set up the templates very similarly to how we set up our audit programs. Each risk area has its own tab, then there is a summary tab. That summary tab is what we use for the audit schedule.
Sincerely My Own,


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#1915235 - 04/17/14 02:22 PM Re: Risk Assessment osucpa
INOH Offline
Gold Star
Joined: Jul 2012
Posts: 344
I use excel like the one KYAuditor uses...
Just trying to swim in the compliance world.

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