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How to Build a Dynamic Risk Assessment

Audit Board

Do you know what must go right to achieve your organization’s strategic objectives? This will determine where you source data, how much emphasis to put on each type of input, and who needs to be consulted and/or informed during the process. This article originally appeared on EY Insights.

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What Is a Risk Assessment Matrix? And Why Is It Important?

Audit Board

External risk events like the COVID-19 pandemic point to an increasing need for businesses to develop a risk assessment plan that helps them execute certain strategies and achieve objectives effectively, even in the face of an unprecedented risk landscape. What Is a Risk Assessment Matrix?

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Looking in the Mirror: What About Internal Audit’s Own Culture?

Internal Audit 360

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. So, how do you assess your internal audit department’s culture? But what about internal audit’s own culture? Who is auditing that?

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Looking in the Mirror: What About Internal Audit’s Own Culture?

Internal Audit 360

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. So, how do you assess your internal audit department’s culture? But what about internal audit’s own culture? Who is auditing that?

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The New Year Brings Fresh Uncertainty for U.S. Business Tax Professionals

ThomsonReuters

A recent Thomson Reuters webinar, Get Ready for 2021: Using Checkpoint Edge to Plan for Uncertainty, explored these issues and cautioned companies to brace themselves for significant changes. Senate, the future of COVID-19 relief, and the fiscal crisis facing the 50 states. Recent Changes. The Biden Administration and the Balance of Power.