Just available “Risk hotspots” for the ACCA – as an article and as a podcast (17 minutes).
The number of risk hot spot updates has grown considerably over the years but there are catches with using them and you need to exercise quality control over their use. In this short podcast, James Paterson of Risk & Assurance Insights talks about the background to risk/issue “hot spot” polling, why these surveys are interesting/important, the catches to be aware of, quality control over risk hot spot updates, and specific recommendations for internal auditors. This podcast accompanies an article on the same topic by James.
Listen to the podcast