Robotics process automation (RPA) is the use of software robots to perform repetitive, rules-based tasks that interact with multiple applications. RPA can help internal audit departments automate certain continuous auditing tasks, such as data extraction, validation, analysis, and reporting. RPA can improve the efficiency, quality, and coverage of internal audit activities, and provide greater insight and value to the business. However, RPA also involves certain risks, such as errors, failures, security breaches, or compliance issues, that need to be identified, assessed, and managed. The risk associated with ineffective design of the software bots is the possibility and impact of the bots not functioning as intended, or producing inaccurate or unreliable results. The risk owner of this risk is the person or entity who has the authority and responsibility for managing the risk. The risk owner should be able to define the risk appetite, assess the risk level, select and implement the risk response, monitor and report the risk status, and ensure the risk alignment with the project objectives and strategy. The risk owner of the risk associated with ineffective design of the software bots is the project manager, who is the person in charge of planning, executing, monitoring, and closing the RPA project. The project manager understands the project scope, requirements, budget, timeline, and deliverables, and the potential consequences of ineffective design of the software bots. The project manager also has the resources and incentives to address the risk effectively and efficiently. Therefore, the project manager is the most appropriate risk owner of the risk associated with ineffective design of thesoftware bots. References = Robotic Process Automation for Internal Audit, p. 3-4, Adopting robotic process automation in Internal Audit, Robotic Process Automation (RPA) – Internal Audit Use and Risks.