Seeing audit risks in a new light with Dynamic Risk Assessment
Seeing audit risks in a new light with KPMG's DRA
Focusing on systemic business risks, Dynamic Risk Assessment helps produce better audit evidence, reveals new insights and enhances audit quality.
Looking beyond conventional depictions of risk based solely on likelihood and severity, Dynamic Risk Assessment takes a four-dimensional view of risk that allows for the contagion effect of risks – one of the most significant learnings of the Global Financial Crisis.
The Dynamic Risk Assessment (DRA) solution and Advisory services are not permissible for SEC and US audit clients and their affiliates.