Audit Board

AUGUST 9, 2023

While issues management often begins in silos like InfoSec, internal audit, and SOX, a mature issues identification and reporting structure follows a risk-based approach by connecting issues back to the organization’s risks. To accomplish this, it is necessary to establish common and shared elements of issues management across departments.

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M&A Leadership Council

FEBRUARY 13, 2024

Before Launching Your Next Integration Take a Good Look by Mark Herndon, Chairman Emeritus, M&A Leadership Council It’s not a trick question: “How do you know you're ready to launch integration planning?” Our answer? Not until you’ve done THIS – created a comprehensive Integration Strategy Framework (ISF).

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Mergers & Acquisitions Technology Marketability 59

ThomsonReuters

MARCH 20, 2024

In addition, trying to identify which federal awards need auditing and sifting through extensive federal guidance to locate, compile, and execute the necessary audit procedures, can be significantly time-consuming. These challenges compound quickly as the volume of audits increases. However, there is an answer: audit automation.

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ThomsonReuters

JUNE 28, 2023

Let’s take a look at some best practices accounting firms can use to help clients overcome the challenges of ESG data collection and management. The ability to accurately identify and manage this data helps your clients build trust amongst their stakeholders and demonstrates a commitment to society.

Accounting Firms 98

Accounting Firms Compliance Start-ups Technology 98

Audit Board

AUGUST 3, 2022

In our Spotlight on Success series, David Hill, CEO of SWAP Internal Audit Services , shares how his forward-thinking audit team positions for the future by adopting agile ways of working enabled by technology. David Hill of SWAP shares how his team implemented agile ways of working to gain significant efficiencies.

Technology 52

Technology 52

ThomsonReuters

SEPTEMBER 7, 2023

Prepare for the future of accounting with Thomson Reuters Practice Forward® How to turn transactions into connections In today’s economic landscape, roles are constantly shifting and evolving to meet the demands of compliance frameworks, changes in tax laws , and the expectation of more data on demand. What is the future of accounting?

Accounting Firms 59

Accounting Firms Compliance Technology Marketability 59

Sun Acquisitions

DECEMBER 5, 2023

In this blog post, we will break down the various steps involved in selling a business and explore how a business broker can streamline this intricate process. Step 2: Assembling the Selling Team Selling a business is a complex process that requires expertise in various areas.

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Asset-based Approach Marketability Business Valuation Compliance 52

Audit Board

FEBRUARY 14, 2023

Internal Audit teams regularly include individuals from the Baby Boomer, Gen X, Millennial, and Gen Z generations, and each group brings a unique perspective to the workplace, and the differences among individuals can be an advantage if properly understood. They also want to know how their work fits into a larger plan.

Technology 52

Technology 52

Audit Board

OCTOBER 16, 2023

Modern ERM teams are tasked with identifying and reporting on the top risks that might prevent their organization from achieving its business objectives. Download the free guide here, and continue reading to learn why existing risk management practices fail to empower the front-line in effectively managing their risks.

Start-ups 52

Start-ups Banking Technology Compliance 52

Audit Board

JANUARY 2, 2023

My tradition for the past several years has been to embrace my first blog of the year as an opportunity to set out timely, issues-focused New Year’s resolutions for our profession. I’m pleased to continue that tradition for 2023. When identifying strategies to help you increase internal audit’s impact in 2023, where better to begin?

Compliance 88

Compliance Technology 88

Internal Audit 360

MARCH 29, 2023

GUEST BLOG POST O ver recent years, I have found myself watching various specials on TV about the mythical Bigfoot creature. Evidence of control performance, outcomes achieved, and management review is critical. We routinely look to triangulate data points, observations, and management views, always digging deeper when necessary.

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Banking 98

Audit Board

SEPTEMBER 20, 2023

Through delivering training to internal audit teams across the world, Sara has seen both entrenched habits and a desire for change. How can we approach reporting differently, by focusing on something that puts the spotlight on action? For example: Passive voice: “The report [done-to] is being reviewed [action] by the manager [doer].”

Start-ups 59

Start-ups Compliance 59

Audit Board

MAY 26, 2023

In our Spotlight on Success series, Rob Zunt, VP of Internal Audit and Bambi Gifford, Manager of Internal Audit at U.S. Xpress , share how they leverage AuditBoard’s connected risk platform across multiple teams to gain visibility into risk across the business. When I took over the team, it was fully outsourced.

Start-ups 52

Start-ups Compliance 52

Internal Audit 360

OCTOBER 11, 2022

GUEST BLOG. The first time I heard it came when I was an internal audit manager for a financial institution. The senior vice president for human resources said she was a big supporter of internal audit, but my team and I couldn’t audit her area. I was able to get her to give us a chance.

Compliance 52

Compliance Marketability 52

Audit Board

SEPTEMBER 15, 2022

Accordingly, your choice of operating model has a massive impact on your ability to plan and execute an efficient, effective, high-quality SOX program. And how can you validate whether your selected operating model continues to be the appropriate fit for your organization as it matures? Revisit the Big Picture.

Compliance 52

Compliance Technology 52

Audit Board

MARCH 22, 2022

In our Spotlight on Success series, Janet Joy, Executive Director and Head of Internal Audit at Amsted Industries , and Tom Osmolak, Senior Internal Auditor at Amsted Industries, share how their team leverages real-time visibility to streamline their communication with the business and deliver valuable data and insight.

Start-ups 52

Start-ups Technology Marketability 52

Audit Board

JUNE 13, 2022

Integrated risk management (IRM) is a strategic and collaborative way for organizations to manage risk across their entire group. This strategy accepts risk as a part of doing business, and pulls it into a company’s culture so that the organization manages risk as a part of both daily operations and long-term strategy.

Compliance 52

Compliance Technology Start-ups Marketability 52

ThomsonReuters

DECEMBER 14, 2022

For the purposes of implementing a tax engine, some of these people will need to be involved, so it will be necessary to coordinate communication and logistics between them and the implementation team. These don’t require IT personnel since the cloud systems work off remote data centers managed by third party providers.

Technology 59

Technology Start-ups Data Analysis Finance 59

Audit Board

FEBRUARY 13, 2023

An agile audit approach can help overcome common challenges for financial services audit teams. A successful shift towards an agile audit approach must recognize these limitations as potential roadblocks so the audit team can take appropriate steps. Another challenge internal auditors must overcome is the use of dated audit solutions.

Start-ups 52

Start-ups Technology Banking Compliance 52

Audit Board

NOVEMBER 16, 2022

and John Kolich, IT Audit Director at Jushi, share how AuditBoard enabled their team to achieve first-year SOX compliance at a rapidly scaling company without having to add resources. Achieving goals of successfully becoming SOX compliant while executing on audits for a scaling business without adding personnel. .

Compliance 52

Compliance Technology Marketability 52

M&A Leadership Council

JUNE 8, 2023

Before Launching Your Next Integration Take a Good Look by Mark Herndon, Chairman Emeritus, M&A Leadership Council It’s not a trick question: “How do you know you're ready to launch integration planning?” Our answer? Not until you’ve done THIS – created a comprehensive Integration Strategy Framework (ISF).

Technology 59

Technology Marketability 59

Audit Board

SEPTEMBER 6, 2023

AuditBoard’s new ebook, T he InfoSec Survival Guide: Achieving Continuous Compliance , explores how organizations can best report on their compliance processes and gain support from the Board for critical areas. KPI attributions by leader, department, or team demonstrate where executive attention is needed on corrective action.

Compliance 52

Compliance Technology Marketability 52

ThomsonReuters

DECEMBER 3, 2021

With global supply chain challenges spurring dire headlines of precariousness, more than 3,000 transportation, logistics, fulfillment, and warehouse professionals from around the world gathered in October for the Reuters virtual Supply Chain Execution 2022 event. FRAMEWORK: Manage change with an eye on the customer and market forces.

Technology 52

Technology Compliance Data Analysis Marketability 52

ThomsonReuters

DECEMBER 3, 2021

With global supply chain challenges spurring dire headlines of precariousness, more than 3,000 transportation, logistics, fulfillment, and warehouse professionals from around the world gathered in October for the Reuters virtual Supply Chain Execution 2022 event. FRAMEWORK: Manage change with an eye on the customer and market forces.

Technology 52

Technology Compliance Data Analysis Marketability 52

Internal Audit 360

DECEMBER 8, 2022

GUEST BLOG. Yet, in my 16 years in risk management across four continents, I have seen hundreds of audit plans, and I can assure you none of them were actually risk based. T he idea that audit plans should be risk based is so old and widely accepted that we rarely give it a second thought. The problem? Ok, this is too funny.

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EBITDA Market Risk Marketability 52

Audit Board

MAY 24, 2023

The Committee of Sponsoring Organizations of the Treadway Commission, or COSO , is a private sector initiative led by the American Institute of Certified Public Accountants (AICPA), Institute of Management Accountants (IMA), American Accounting Association (AAA), Institute of Internal Auditors (IIA), and Financial Executives International (FEI).

Compliance 52

Compliance B2B Technology 52

Audit Board

APRIL 27, 2023

Through the internal audit function, teams will identify issues like compliance concerns, complete risk assessments, investigate internal or external fraud, and sometimes identify data inaccuracies in financial reporting. The audit team’s ultimate goal is to be a highly valued business partner to other segments of the organization.

Compliance 52

Compliance Start-ups Technology Finance 52

Internal Audit 360

JULY 20, 2022

GUEST BLOG: O ne of the challenges when it comes to so-called “cybersecurity risk” is in accepting and then applying the idea that cyber is not an “IT risk.” In fact, the first step in any audit should be to determine whether management knows the answer! It’s a business risk.

Compliance 98

Compliance Start-ups Technology 98

Value Scope

JULY 21, 2020

Executive Summary. It was a hot topic before the COVID pandemic, in discussions to measure and value how companies engaged in sustainable and societally beneficial activities. This work can be used to reconcile and support an adjustment to the CAPM, then the WACC, via Alpha and Beta. In 2018, the number was about $5 billion.

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ThomsonReuters

JULY 8, 2021

Today, finance is the corporate function most commonly managed this way — but longstanding obstacles have prevented the model from being extended to statutory reporting and tax compliance. Tax & Tech Talks: How to Achieve Global Statutory Financial Compliance. Watch the entire episode.

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Technology Finance Compliance Corporate Finance 98

Audit Board

SEPTEMBER 7, 2023

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? They feel an increasing urgency to get in place the people, processes, controls, and technologies needed to support reliable, up-to-date, accessible, and auditable ESG reporting.

Compliance 52

Compliance Start-ups Specific Risk Marketability 52

Audit Board

OCTOBER 30, 2022

Several key themes emerged across thought leadership sessions, many of which grappled with the challenges organizations face in today’s dynamic business environment and the need for an integrated, data-driven approach to managing risk. . Today’s challenges defy a siloed approach to managing risk.

Compliance 52

Compliance Technology 52

Audit Board

AUGUST 8, 2023

Enterprise risk management is a methodology of risk management, taking a top-down approach to the risk management process, and taking into account the organization and senior management’s business objectives and strategic objectives.

Compliance 52

Compliance Start-ups Technology Marketability 52

Audit Board

OCTOBER 26, 2022

ESG reporting is both complex and challenging, and many companies struggle to find the resources and support to get programs on a course to sustainability and maturity. . How do you determine which metrics will make an impact? . How can organizations best collaborate with ESG stakeholders and share the insights that matter to them? .

Compliance 52

Compliance Start-ups 52

Audit Board

NOVEMBER 4, 2022

Cultivating a teamwork-centered culture — where members know the team has their back — to attract and retain talent. Kurt Weirich of Kia America shares how he used mindfulness as a CAE when joining Kia's team during the pandemic. How does that sound to you, in terms of a mission for internal audit?

Technology 52

Technology Marketability 52

Audit Board

AUGUST 29, 2023

We are in a state of persistent crisis, with no sense of how we’ll escape. Risk managers and internal auditors are charged to assess risk, and to advise management and the board on the overall effectiveness of the organization’s ability to manage risk. The world has always known chaos.

Technology 52

Technology Compliance Start-ups Banking 52

Audit Board

DECEMBER 25, 2022

Risk management professionals face an unprecedented challenge trying to keep up with the increasing rate of change in the risk landscape. Many risk managers tune in to AuditBoard’s Webinar Series to keep up to date about emerging risks and mitigation strategies from industry-leading experts. 2022 Risk Management Webinar Trends.

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Start-ups Compliance Equity Technology 52