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Steps for a risk-based technique for internal auditing in Dubai

This presentation gives you an idea of the steps involved in a risk-based technique for internal auditing in Dubai.<br><br>Ready to Navigate Risks and Optimize Your Auditing in Dubai Approach? Contact NOW!<br>https://www.hallmarkauditors.com/services/audit-and-assurance/internal-auditing-in-dubai/

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Steps for a risk-based technique for internal auditing in Dubai

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  1. Steps for a risk-based technique for internal auditing in Dubai

  2. Internal auditing in Dubaiis a strategic tool in business landscape for navigate complex risks and foster resilience

  3. Establish Risk Management Framework • Work together on goals, approaches, and risk tolerance. • Describe the framework for risk management used by the company.

  4. Identify and Assess Risks • Work with stakeholders to identify various risks. • Assess risks in Dubai's diverse business environment.

  5. Develop Risk-Based Audit Plan • Arrange audits according to risk exposure. • Make a flexible plan that can be adjusted to suit shifting conditions.

  6. Continuous Monitoring and Reporting • Implement continuous monitoring practices. • Provide transparent and actionable reports for management.

  7. Collaborate with Management • Collaborate closely with executives to achieve strategic goals. • Plan audits to support corporate objectives.

  8. thank you

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