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ThomsonReuters
MARCH 12, 2024
How do you master the art of adaptation? Change” tends to carry negative, stress-inducing connotations of the unknown, while “improvement” carries positive connotations about making jobs and customer experiences more efficient and effective. Accountants, like everyone else, are often resistant to change until they understand its value.
Audit Board
MARCH 9, 2023
Business leaders need to be more effective in identifying, understanding, and measuring the risks and risk priorities most relevant to their businesses, enabling them to make better, more risk-informed decisions. Businesses increasingly understand the benefits of IRM, but may feel unsure how it fits into their organizations or where to begin.
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Internal Audit 360
FEBRUARY 3, 2022
Auditors assess leadership, tone at the top, ethics, and the general emphasis on doing the right thing, among other aspects. Culture audits can be completed as part of a stand-alone assessment of the entire organization’s culture or as part of other assurance projects to consider how culture affects a particular unit or function.
Audit Board
JUNE 13, 2022
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. Why Is Integrated Risk Management Important?
Audit Board
JANUARY 12, 2023
However, specific guidance on how to conduct these assessments is typically not included in framework requirements. This is often by design, as the intent is to encourage organizations to build a risk management program that is unique to the type of business being conducted and the type(s) of data being processed.
Audit Board
DECEMBER 25, 2022
In this article, we share three primary trends from the webinars we hosted in 2022, and we share how you can access our most popular webinars of the year, which are now available to watch on demand. Speakers presented updates on pending ESG regulations , guidance on talking about ESG with leaders , and ways to build an ESG program. .
Audit Board
AUGUST 1, 2023
By employing an effective and integrated IT risk management process and program , businesses can limit their exposure to costly IT security incidents and risks, like data breaches, information systems being compromised, ransomware, and other cyber threats. According to a 2022 IBM report , the average cost of a data breach in the US is $9.44
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