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Scaling With Automation: How to Transform Four Key Compliance Processes Using Automation

Audit Board

Compliance automation is often beneficial for organizations that deal with sensitive data, and it has several benefits that impact security, cost savings, and reporting. As a result, compliance automation is an ideal starting point for implementing automation at your company.

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Fundamentals of the COSO Framework: Building Blocks for Integrated Internal Controls

Audit Board

COSO formed to investigate the fraud scandals of the 1970s and 1980s, releasing an internal controls framework in 1992. This article will break down the five pillars and seventeen principles of the COSO framework as well as how implement and use it as a foundation for modern internal controls and fraud deterrence.

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Most Popular Webinars of 2022: Compliance Edition

Audit Board

With increased regulatory scrutiny on cybersecurity, third-party exposure, and Environmental, Social, and Governance (ESG), compliance risk was a major concern for organizations in the past year. In 2022, AuditBoard hosted 40 audit, risk, and compliance webinars that attracted over 40,000 attendees. 2022 Compliance Webinar Trends.

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Enterprise Risk Management (ERM) Fundamentals

Audit Board

Over time, and around the turn of the century, risk practices took center stage along with increased focus on internal controls and a proliferation of risk management frameworks (RMFs). Other frameworks have varying components, though they follow similar themes.

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Top Takeaways From Audit & Beyond 2022

Audit Board

Thousands of audit, risk, sustainability, and compliance professionals tuned in virtually for Audit & Beyond 2022 , AuditBoard’s fourth annual user conference, joined by hundreds who attended the event in person at Terranea Resort in Los Angeles, CA. It’s a means to an end.

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Risk Management 101: Process, Examples, Strategies

Audit Board

With this evolution, standards organizations around the world, like the US’s National Institute of Standards and Technology (NIST) and the International Standards Organization (ISO) have developed and released their own best practice frameworks and guidance for businesses to apply to their risk management plan.

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ESG Risk: How Energy and Utilities Companies Can Stay Ahead

Audit Board

By taking an intergrated approach to ESG risk management, Energy and utilities organizations can respond by preparing to not only comply with future regulations — but leverage them as a means to attract new investors and partners. We anticipate these types of proposals will continue to accelerate ESG requirements.