Conference Materials

2015

Trust & Wealth Management Audit Risk Strategies (REPEAT)

Wednesday, April 22, 2015 3:45 PM - 4:45 PM

Speaker

Francis Thomas

Managing Director, General Auditor & Director of Internal Audit
THE GLENMEDE TRUST COMPANY
Philadelphia, Pennsylvania

Speaker Bio

Session Description

How do you define the audit universe? If you develop an audit project plan by line of business, how do you alter the plan when the organization chart changes? Every aspect of our business today has some type of information systems component. Do you include applications, access rights, and system controls in a trust audit, or do you leave that to the IT audit folks? We will discuss one methodology as to how you can analyze all the areas of your institution and whether or not audit resources exist to do everything.

We'll talk about how control testing in one area can be leveraged to give you some audit coverage in another area, even if no specific audit is done there. But most of all bring your ideas and contribute to the dialogue that will help all attendees determine a best fit approach for their institution.

Session Material

Presentation