Risk Assessment
To effectively prepare an audit plan, we need to identify which activities are the most important and detect areas that pose potential risk to the city. To provide the most benefit, our audits need to be targeted and relevant. We conduct risk assessments both to compare departments and offices based on their potential risk and to better serve the city with our audits. We score and weigh the departments and offices based on predetermined categories.
We use the following categories in our assessments:
The risk assessment sorts the departments based on their total risk scores. The total risk score is the sum of the individual risk scores, with weights chosen by the audit committee.
View more detail on the risk assessment model here.
View the most recent risk assessment results here.
We use the following categories in our assessments:
- Change
- Control Environment
- Planning & Performance
- Safety & Liability
- Size & Complexity
The risk assessment sorts the departments based on their total risk scores. The total risk score is the sum of the individual risk scores, with weights chosen by the audit committee.
View more detail on the risk assessment model here.
View the most recent risk assessment results here.
