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IIA Canada Webinar - Cognitive Biases Impacting The Reliability, Conclusions, and Reporting of Internal Auditors

Format: Online

In developing reliable risk status data, we need to be aware of the biases that everyone brings to the table. Now more than ever, Internal auditors who understand the influence of biases and know how to manage their impact on the reliability of risk data, have a pivotal role to play in strengthening organizational decision making.

We begin by learning about the experience of DeafBlind Ontario Services in using the Objective-Centric Risk and Certainty Management approach to navigate today’s volatile environment. In understanding the Objective-Centric Risk and Certainty Management approach we discuss how common biases can interfere with effective identification, assessment, and management of risks to objectives. We will demonstrate how DeafBlind Ontario Services uses the Objective-Centric Risk and Certainty Management approach to address biases when interpreting risk information to guide decisions. We will conclude with a discussion of steps that Internal Auditors can take in recognizing and mitigating biases that may be getting in the way of reliable risk data and impeding decisions.

The knowledge and insight you gain in this webinar will be valuable in evaluating risk management practices and in recognizing biases that may be hindering decisions in other areas.

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