HR Audits: Key Issues in 2018

Numerous external and internal forces and factors have an impact on your organization and the demand for and scope of HR audits. First, in the global economy, human capital has become for many organizations the single most important determinant of competitiveness, productivity, sustainability, and profitability. Increasingly, the organizations human capital is the source of innovation and a driver of business success.

Second, a confluence of economic, political, and social factors, including corporate scandals, the failure of many industries to adequately assess risks, and increasing stockholder initiatives, have resulted in increased statutory and regulatory requirements and a call for greater transparency. As a result, there is an increased demand for internal and external audit activity.

Third, governmental agencies have become more active - some would argue more aggressive -and have committed more resources to conducting assessments of employment policies and practices. Importantly, the EEOC, the OFCCP, U.S. DOL, and ICE have advised employers that they consider self assessments and audits a Best Practice.

How effective is your organization in measuring and monitoring these human resource management issues? Is your human capital helping you organization achieve its objectives? Are your employment practices creating material risks and liabilities? This session discusses the development and use of HR Audits in answering these questions and in addressing critical risk management and due diligence issues.

• Review the current trends in HR Auditing
• Learn the critical components of an HR Audit
• Discuss economic, political, regulatory, and social factors affecting HR Audits
• Review the use of HR Auditing tools
• Discuss the development of the HR Audit Scorecard

This will benefit a wide array of Professionals such as:

• HR Professionals
• Internal/External Auditors
• CFOs
• Business Owners
• CPAs
• Risk Managers