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Optimizing Testing and Evidence Collection With Technology

Audit Board

Controls testing and evidence collection can be burdensome not only for compliance and audit professionals, but also for the stakeholders they engage with. AuditBoard’s InfoSec Survival Guide: Achieving Continuous Compliance , explores what compliance professionals should consider when approaching automation.

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Five Key Findings From the 2023 Protiviti SOX Compliance Survey Report

Audit Board

While boards and executive teams typically don’t see SOX compliance as an opportune area for innovation, a growing number of organizations are investing in automation and advanced technology tools to support their SOX activities — with great value-added benefits.

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Is your tax department spending more time and money because of audits?

ThomsonReuters

Most tax professionals know that dealing with forces beyond their control—and the costly disruptions they cause—is a way of life. This trend has been especially true during the past five years, and is sure to continue in the years ahead. Automation is also considered an essential part of improving processes and productivity.

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How AI transformed the tax and accounting profession in 2023

ThomsonReuters

Automation of routine tasks One of the most significant ways AI has revolutionized the tax and accounting profession is through the automation of routine tasks. However, with the advent of AI-powered software, these tasks can now be automated, freeing up valuable time for professionals to focus on higher-value activities.

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Treat Your IT Risk Assessment as More Than a Checkbox Exercise

Audit Board

The most successful companies have a simple process in place to capture the root cause of issues, establish corrective action plans, [and] continually focus on improving the GRC environment,” a PwC study of IT risk programs states. “The IT Risk Assessment Key Benefits . IT Risk Assessment Key Benefits . IT Risk Assessment Best Practices.

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Why You Should Adopt a Continuous Approach to Compliance

Audit Board

In a business climate of emerging security risks and expanding regulatory requirements, security and compliance leaders are struggling under the pressure of maintaining ongoing compliance. This is the underlying motive for adopting a continuous approach to compliance, also known as continuous monitoring.

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3 Tips for Applying a Risk-Based Approach to Issues Management

Audit Board

AuditBoard’s new ebook, T he InfoSec Survival Guide: Achieving Continuous Compliance , examines what a risk-based issues management program looks like and details steps for creating one. The following are metrics that are a good idea to have on your dashboards for day-to-day compliance teams and executive-level reporting.