Geopolitical Risk & Assurance
Geopolitical risk is no longer a distant backdrop - it is a defining force shaping corporate stability, value creation, and the assurance expectations placed on Internal Audit.
Today’s world is highly interconnected. A single event in one region - an election outcome, a sanctions decision, a military escalation, a cyberattack, a shift in trade policy - can immediately ripple across continents. These ripple effects now influence supply chains, critical infrastructure, energy markets, talent security, and even how technologies are shared or restricted.
Learn the most important insights about geopolitical risk in 10 exciting lectures:
1. Understanding the Concept of Geopolitical Risk
2. Why Geopolitical Risk Matters for Today’s Corporations
3. Key Drivers and Categories of Geopolitical Risk
4. How Geopolitical Risk Affects Across Business Models and Processes
5. Impacts on Key Processes, Risk Mitigating Actions and Internal Controls
6. Monitoring Geopolitical Risk: Tools and Intelligence Sources
7. Integrating Geopolitical Risk into the Audit Risk Assessment
8. Adapting Audit Procedures and Fieldwork to Geopolitical Risk Exposure
9. Reporting to the Audit Committee: Providing Reasonable Assurance
10. Building a Forward-Looking Internal Audit Function
Designed for forward-looking auditors and governance professionals, these concise films provide clear insights, vivid examples, and practical implications. You’ll find real-world audit touchpoints, stakeholder questions, and capability frameworks.
Additionally, we offer you a Audit Playbook for “Geopolitical Risk & Assurance: Internal Audit’s Guide to Anticipation and Resilience.” Your Companion Guide to "The Trend Is Your Friend" Film Series by the ARC Institute.
-
Geopolitical Risk - Episode I
In today’s corporate environment, geopolitical dynamics no longer develop quietly in the background. They shape the business landscape with direct and immediate consequences.
The world today is characterised by geopolitical fragmentation, growing protectionism, trade realignments, and unprecedent... -
Geopolitical Risk - Episode II
Geopolitical risk is driven by interconnected forces - power competition, economic fragmentation, security tensions, regulatory divergence, and social instability - each shaping the operating environment of global organisations.
In this episode, we will address the following issues in conjunctio...
-
Geopolitical Risk - Episode III
Geopolitical risk directly affects core business processes and the enterprise risk management system. Understanding these impacts is essential to evaluating resilience, compliance, and operational continuity.
In this episode, we will address the following issues in conjunction with internal audi...
-
Geopolitical Risk - Episode IV
Integrating geopolitical risk into the audit risk assessment ensures that Internal Audit focuses on the areas where global instability can cause the greatest organisational impact, and where assurance is most urgently needed.
In this episode, we will address the following issues in conjunction w...
-
Geopolitical Risk - Episode V
Effective reporting of geopolitical risk to the Audit Committee is not about predicting world events, it is about giving leadership the clarity and confidence to make informed decisions.
Internal Audit delivers value when it communicates exposures, vulnerabilities, and preparedness in a way that ...