Integrating Risks, Controls and Procedures
We're relatively new to Workiva and looking to take full advantage of its capabilities. Wondering if anyone can share what successfully integrating risks, controls and procedures looks like? What are the keys to successfully integrating these components?
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Hi Mike Hetue
Welcome to Workiva! You are asking all the right questions.
I've compiled some of our Help articles that can help you successfully integrate these components. I've listed & linked them below:
At the bottom of each article, there is a "related articles/what's next" section. I would recommend checking out those articles as well, as they could benefit you here. Additionally, I encourage you to contact your Customer Success Manager, who will be able to further assist you in strategically implementing these things.
I hope this helps!
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Thank you Mackenzie. While I appreciate the articles, they aren't really getting at what I am looking for. I'm looking for how others connect risks and controls to procedures.
Thanks
Mike
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Apologies for the misunderstanding. I encourage others to chime in on this topic with any insight or feedback!
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For our part, we create a procedure in Workiva for each audit criterion. In each procedure we fill in fields (risk scenario, risk assessment, controls, etc.) and we also document our tests in each procedure (using document and spreadsheet). The fields populate the database and we can build a report to get an overview of the entire audit program.
I would be interested to hear how other audit teams use Workiva for this purpose, because we encounter some limitations.0请先登录再写评论。
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