Combined Assurance Model

Objective

Formalise Combined Assurance in the organisation

Provide management and the Audit Committee with a consolidated assurance view

Optimise the efforts of assurance providers by reducing duplication of work

Delivery mechanism

One-on-one meetings and workshops

Navigate Change workshops

 

Process

  • Identify all the assurance providers in the organisation

  • Understand what each assurance provider does with respect to obtaining and reporting on assurance

  • Draft Combined Assurance framework

  • Draft Combined Assurance policy

  • Draft Combined Assurance process

  • Design reporting pack template for management and the Audit Committee

  • Develop implementation strategy with action plans

  • Develop Combined Assurance related KPIs

  • Obtain buy-in from all relevant stakeholders for the framework, policy, process and reporting template as well as the implementation strategy, action plans and KPIs

  • Train affected staff and stakeholders on how to navigate the change that is caused by implementing Combined Assurance

Outcome

  • Combined Assurance framework, policy, process and reporting template

  • Agreed actions to implement Combined Assurance in the organisation

  • Task Assist and Performance Management Assist populated with Combined Assurance KPIs and action plans if you are subscribed to the Action Assist Modules

 

Relevant fully customisable Action Assist modules

Task Assist

Performance Management Assist