Details

System and Organisation Controls (SOC) reports provide the data required to assess the risks connected with outsourced suppliers. These guidelines must be adhered to by service auditors performing SSAE 18 engagements. SOC compliance demonstrates a commitment to protecting data and maintaining operational integrity. By obtaining SOC reports, organizations assure clients and stakeholders that they have effective internal controls, fostering trust and credibility.

Details

This webinar will explore the critical components of designing a robust Third-Party Risk Management (TPRM) framework tailored to managing risks associated with IT vendor partnerships. As organizations increasingly depend on external IT vendors for essential services, effectively managing the risks of these third-party relationships is paramount to ensuring business continuity, security, regulatory compliance, and data security.

Details

A SOC report evaluates internal controls for an outsource service provider. Various standards and frameworks define these controls. SOC audits are related to audits that evaluate an organization's controls over its systems, particularly in areas like data security, availability, processing integrity, confidentiality, and privacy. They serve as a standard for providing assurance to customers, stakeholders, and other interested parties about the effectiveness of an organization's internal controls. 

EVENT OVERVIEW:

Overview-

Regulatory compliance and risk management are very critical functions in highly regulated industries such as finance, healthcare and pharmaceuticals which ensure that companies adhere to laws, regulations and specifications relevant to their business and processes while minimizing risks that could potentially harm the organization's reputation, operations and financial standing:

EVENT OVERVIEW:

EVENT OVERVIEW:

Anti Bribery and Anti Corruption are social evils which needs to be monitored by corporate framework. The webinar will focus on the following :

• Regulatory framework under FCPA and Indian PCA

• Bribery, Corruption, Fecilitation, Gratification

• ISO 37001 and World Bank Anti Bribery checklist

• Red Flags / Alerts

• How to make Anti Bribery initiative more effective / other framework requirements

SPEAKER

Mr. Laxmikant Gupta

Principal

Riskpro India

Workshop Overview

Digital Personal Data Protection Act rules are likely to be finalized imminently and we understand that given the complexity of this act, it will be challenging for organizations to achieve compliance in expectedly aggressive timelines. After a hugely successful seminar on 24 April 2024, Riskpro would like to bring industry practitioners again together to delve deeper into the finer details of this act, brainstorm ideas to achieve compliance and learn from each other.

EVENT OVERVIEW:

1. Introduction to AI and RBIA
2. Integration of AI in Internal Audit
3. How AI can be integrated into RBIA
4. Implementation considerations
5. Benefits of the integration

AI can enhance the value derived from Risk Based Internal audits significantly by reducing manual procedures through automation and optimization of different aspects of the Internal audit process.

WEBINAR OVERVIEW 

Internal Financial Controls are a system of checks and balances implemented within an organization to ensure the accuracy and reliability of financial reporting. They encompass a wide range of activities, including segregation of duties, authorizations, approvals, reconciliations, and reviews. IFCs are tailored to the specific needs of an organization and are essential in minimizing financial risks and enhancing transparency.