ANZUIAG BRISBANE CONFERENCE SEPTEMBER 2002

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ANZUIAG BRISBANE CONFERENCE SEPTEMBER 2002

• Alastair Burrows
• Manager Internal Audit
• Auckland University of Technology

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Mainstreaming Risk Managementchallenges

• how best to facilitate a risk culture?
• Build a risk management framework
• commit to , policy, processes, reporting and
  people
• Articulate a common language for risk
• how best to focus management effort?
• encourage new ideas and strategies for managing
  risks
• concentrate resources in risky areas
• act as a consultants to lead risk management
  initiatives
• Need to align risk management and business
  planning so as to be consistent, purposeful and
  reflective of academic leadership and management

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What is our role?assurance and/or risk managers
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• Provide assurance that controls allow risks to be
  managed down to an acceptable level
• Ensure that there is a process to evaluate
  unmanaged risks to a higher level

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Current Hot Actions

• Governance reviews
• Risk and control self-assessment
• Legal compliance programmes
• Academic quality reviews
• Fraud limitation reviews
• IT effectiveness reviews
• Enterprise risk management ( erm)

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Risk Management!
Teaching
Learning
Research
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Questions?
A

• How do we continue to make the most significant
  contribution in evaluating and improving the
  effectiveness of risk management, control and
  corporate governance?
• Are we covering the big picture exposures that
  could pose the most significant threats such as
  the disruption of
• Research?
• Teaching?
• Learning?