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Get to Know Your Third Parties Better: Key Questions to Ask

Audit Board

An important strategy in such a disruptive environment is to review your company’s third-party relationships. Internal Audit should be reviewing relationships with these parties, which often involves assessing the risk associated with the third party’s technical capabilities, business competence, and ability to meet contractual obligations.

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12 interview tips to help you hire new accountants for your firm

ThomsonReuters

Look for soft skills, not just accounting and technical skills. Technical skills and work experience are essential. Meet ahead with team members who will also conduct the interview. Save time by carefully reviewing each resume beforehand. Let candidates do most of the talking. Read resumes in advance.

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5 Steps to Persuade Decision Makers in Your Org to Invest in Technology Solutions

Audit Board

When I used to work in SOX compliance at a large public company, we used a legacy tool. How long would it take? If we spent less time on that, we could do more audits and thus reduce the risk our business faces” - attaching pain points to business implications is more likely to make you successful. Do hands-on product testing.

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2023 Updates to U.S. State Data Privacy Laws: What You Need to Know

Audit Board

Passing separate privacy laws is creating compliance issues for companies based or doing business in these states. Figuring out how to comply with the laws requires such businesses to understand each state’s privacy laws and design a privacy and cybersecurity program to maintain compliance with the various state privacy laws at the same time.

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The Essentials of Integrated Risk Management (IRM)

Audit Board

With IRM, the risk management team works together with all business segment leaders to share and visualize data around risk, determine the organization’s true appetite for risk, ensure compliance, and communicate the risk and risk mitigation strategies to the C-Suite. 3: Cost Savings. 6: Project Prioritization. 7: Comprehensive Views.

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SaaS Valuations: How to Value a SaaS Business in 2022

FE International

For more in-depth reading on valuation, see our post How to Value a Website or Internet Business. How To Value a Business. How Much Are SaaS Businesses Usually Worth? What Can You Do to Increase The Value of Your SaaS? Salability: How Attractive Is Your SaaS Business? How To Sell a SaaS.

EBITDA 105
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Essentials of IT Risk Management: Protect Your Organization from Cyber Threats

Audit Board

Distributed Denial of Service (DDoS): When a software or service is overwhelmed with requests, often through a botnet, that service may stop working, keeping users out. Whatever the method for identifying your organization’s risks, it is important to agree on a baseline for how risk will be defined.