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ESG and data: Management tips for tax firm leaders

ThomsonReuters

This includes ESG audit support that verifies the effectiveness of controls, as well as activities that identify gaps, assess risks, and develop a recommended plan of action. By helping your clients identify concrete targets that can be measured, you can ensure that their ESG data is practical, auditable, and meaningful.

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An Open Letter to the IIA Regarding the Draft Standards Update

Internal Audit 360

GUEST BLOG Editor’s Note: The views expressed here are the opinions of the author. I n March, the Institute of Internal Auditors released a draft version of an overhaul of its professional practice standards and framework that intend to guide the behavior and actions of internal auditors as they carry out their work.

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CAE Toolkit: Designing Effective Audit Committee Meetings

Audit Board

Chief audit executives are in a unique position. As the head of a critical independent oversight function of an organization, the CAE operates within the typical leadership structure of the organization, but reports directly to the audit committee. . Four Ways CAEs Can Promote a Risk-Based Audit Committee Meeting.

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Understanding ESG audits: Checklist and best practices

ThomsonReuters

Amidst a complex audit environment, today’s accountants have many opportunities to take advantage of technology and specialize in up-and-coming focus areas. One of these specialties is ESG audits. . What is an ESG audit? Like any audit, ESG audits can be internal or external. Who performs an ESG audit?

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ESG Controls Essentials: Complying With New Requirements

Audit Board

ESG reporting or disclosures involves releasing reports on a company or organization’s impact on the environment, society, and how their governance structure enables them to oversee these areas. The proposal aims to standardize ESG reporting, giving investors and other stakeholders a common foundation with which to make their decisions.

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Compliance Audit Basics: Definition, Types, and What to Expect

Audit Board

Compliance audits are a broad topic that can affect many organizations across different parts of an organization. There can be different kinds of compliance audits being performed at any given point in time, and at first glance the world of compliance is full of opacity and acronyms. What Is a Compliance Audit?

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ESG Regulations Guide: Decoding the US, UK, and EU Climate Rules

Audit Board

Read on for guidance across geographies (including a downloadable ESG Regulations Quick Reference PDF covering status, scope, applicability, timing, audit requirements, and more) and best practices on preparing for what’s next. They look at you like you’re an expert, but you don’t always feel like one. We’re here to help.