Risk Management Audit Tool

Risk Management Audit Tool

This risk management audit tool has been developed to assist organisations and auditors with establishing a structured audit tool for auditing risk management frameworks which is aligned with ISO 31000. The excel document has been designed so that it can be modified (by the purchaser) to suit the needs of the business or organisation.

RISK MANAGEMENT AUDIT TOOL:

The structure of the document includes:

TAB 1: DASHBOARD

• Summary of audit areas and outcomes of the audit as a percentage for each audit area.

TAB 2: AUDIT TOOL

• Tool used for completing the audit including key areas, criteria, ISO 31000 section references, system references, audit comments, actions and implementation.
• Audit areas captured in the template are:
  • Risk management principles
  • Risk framework – leadership and commitment
  • Risk framework – integration
  • Risk framework – design
  • Risk framework – implementation
  • Risk framework – evaluation
  • Risk framework – improvement
  • Risk process
  • Communication and consultation
  • Scope, context and criteria
  • Risk assessment – identification
  • Risk assessment – analysis
  • Risk assessment – evaluation
  • Risk treatment
  • Monitoring and review
  • Recording and reporting

TAB 3: SCORECARD

• Audit tally to capture the results for each section of the audit tool
• Tally data is manually input into this section which populated the outcomes of the audit as a percentage for each audit area in the dashboard.

Don’t forget to add your business logo or branding to the document.