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. .

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Audit Board

FEBRUARY 12, 2023

Your external auditors have finally signed off on the last SOX control , and testing is done for the year. I have found that taking a moment to regroup your team and refresh key materials before you kick off your SOX program sets you on a stronger path. You can breathe a sigh of relief as the weight lifts from your shoulders.

Technology 52

Technology Compliance 52

Audit Board

MARCH 1, 2023

As businesses begin their SOX planning, adopting a risk-first approach to SOX can help teams drive efficiency throughout their testing year. One of the best places to begin implementing this is during the SOX risk assessment. Audit Leader Tip : Approach SOX through a risk-first lens.

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Compliance 52

Audit Board

APRIL 25, 2022

If you’ve been wondering where security practices and compliance requirements align and where they diverge, you’re not alone. Security and compliance have synergies, but they aren’t the same, and it can be challenging to tease them apart. What Is Compliance? Here are a few compliance frameworks that pertain to security: .

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Compliance Technology 90

Audit Board

NOVEMBER 7, 2022

With rising economic uncertainty, employee shortages, and ongoing workplace changes, SOX compliance and internal control teams face enormous pressure to do more work with fewer resources than ever before. Identify SOX Program Inefficiencies.

Compliance 52

Compliance Technology 52

Audit Board

JULY 11, 2023

Best Practices for ESG Reporting The new era of compliance-driven ESG reporting will have similar outcomes to the effects of SOX on financial reporting. Lack of trustworthy data is a significant impediment in developing sound ESG strategy and will affect organizations’ ability to achieve compliance with reporting requirements.

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Compliance Technology Marketability 52

Audit Board

JULY 20, 2022

In our Spotlight on Success series, Maggie Bolin, Internal Audit Manager of Vulcan Materials , shares how her team has leveraged technology to gain significant time savings on their SOX compliance work. How has AuditBoard’s connected platform and intuitive UI enabled you to save time on your SOX processes?

Compliance 52

Compliance Technology 52

Audit Board

OCTOBER 16, 2023

Over 60% of SOX compliance programs use an audit management solution or GRC platform to enable compliance, and three out of four organizations are seeking opportunities to further enable automation in their program (Protiviti’s 2023 SOX Compliance Survey Report ).

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Technology Compliance Marketability 52

Audit Board

JUNE 2, 2022

In our Spotlight on Success series, Brandon Clinefelter, Director of Internal Audit at National Storage Affiliates , shares how his team gained significant time savings on their SOX compliance work. Completing internal control testing reviews in real time, reducing SOX hours by 20% year-over-year. .

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Start-ups Compliance 52

Audit Board

MAY 24, 2023

Overview of the COSO Framework Although the original aim of COSO (the organization) was to investigate and address fraud in the 1970s and 1980s, the COSO framework (the framework) gained increased importance due to the fraud cases of the 1990s and 2000s (Enron, WorldCom, Sunbeam, Tyco) and the subsequent passing of the Sarbanes-Oxley Act (SOX).

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Compliance B2B Technology 52

Audit Board

MAY 31, 2023

Attain Regulatory Peace of Mind Meeting regulatory compliance requirements can seem daunting for a new company. Often startups wait to implement internal controls until after the company goes public which results in the Management team having to scramble to design, document, and test controls, especially their SOX controls.

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Start-ups Compliance 52

Audit Board

JUNE 15, 2023

The IDC Spotlight, sponsored by AuditBoard, The Coming ESG Reporting Imperative , is designed to bring audit, risk, and compliance leaders up to speed on best practices for a new era of compliance-driven ESG reporting. While these costs of compliance are not insignificant, the cost of noncompliance is higher.

Compliance 52

Compliance 52

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 learn more, download the full ebook, The InfoSec Survival Guide: Achieving Continuous Compliance.

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Compliance Technology 52

Audit Board

JANUARY 31, 2023

In our Spotlight on Success series, Gene Litvin, Manager, IT Governance, Risk, and Compliance of Edgewell Personal Care Company , shares how his team is taking advantage of connected data, greater visibility into status, and enhanced collaboration from expanding their use of the AuditBoard platform across the organization.

Compliance 52

Compliance Start-ups Marketability 52

Internal Audit 360

OCTOBER 11, 2022

GUEST BLOG. We could audit for compliance with policies and procedures, but we wouldn’t know whether they were the right ones for the business. It is quickly evident that risk management is a compliance activity at that organization; most if not all executives fail to see much value in it to them or the business.

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Compliance Marketability 98

Audit Board

DECEMBER 12, 2022

midterms became a story of the red wave that wasn’t, calling into question the course of legislation, regulations, and compliance risks. As I often say, today’s legislative and regulatory headlines are tomorrow’s compliance risks — and I absolutely believe the SEC climate rule could generate a SOX-like impac ton internal audit.

Compliance 52

Compliance Marketability Technology 52

Internal Audit 360

SEPTEMBER 27, 2023

For example, objectives could include assessing compliance with industry regulations, evaluating financial controls, or reviewing operational efficiency. For example, objectives could include assessing compliance with industry regulations, evaluating financial controls, or reviewing operational efficiency.

Compliance 52

Compliance Start-ups 52

Audit Board

FEBRUARY 28, 2023

In the years I’ve spent as an Internal Auditor and SOX Compliance Manager with biotech and manufacturing companies, I have found many practical techniques that helped me tremendously. As internal auditors, we must do all we can to stand out in our roles. I want to share a few of the most effective ones with you in this article.

Start-ups 52

Start-ups Technology Compliance Marketability 52

Audit Board

DECEMBER 25, 2022

In 2022, AuditBoard hosted 40 audit, risk, and compliance webinars that attracted over 40,000 attendees. Another webinar focused on comparing different operating models for SOX , emphasizing optimizing SOX work through purpose-built tools and open communication with your external auditors. 3 great speakers.”.

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Start-ups Technology Equity Compliance 52

Audit Board

MAY 12, 2022

While Access Provisioning, Access Deprovisioning, and Change Management are areas of Sarbanes-Oxley (SOX) management testing that get a lot of attention, IT Dependency (ITD) validation for completeness and accuracy is often a misunderstood or a missed area of SOX testing by management. Identify & Classify All ITDs.

Compliance 52

Compliance 52

Audit Board

SEPTEMBER 20, 2023

With the UK contemplating legislation that would require companies to establish internal control over financial reporting in a SOX-like fashion, the spotlight is back on ICFR and how it can support the preparation and integrity of financial disclosures. It’s almost too much for the modern risk and compliance professional to cope with.

Compliance 52

Compliance Technology Start-ups Accounting Firms 52

Audit Board

MARCH 22, 2023

Within an IT function alone, there are laws and regulations to follow and standards like NIST, SOC, ISO, SOX, PCI, COBIT, and others that all require simultaneous compliance. This will help your team not only save time with managing their compliance program, but will also allow for an intergrated approach across compliance teams.

Compliance 52

Compliance Treasury Technology Finance 52

Audit Board

JULY 27, 2022

Presenting “audit issues” sounds much like simplistic compliance checklist auditing. Drive key decisions and inform audit, risk, and compliance programs with dashboards and heatmaps that visualize top risks. Gain risk coverage by easily linking controls and mitigating activities being performed by audit or compliance.

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Compliance Technology 89

Internal Audit 360

OCTOBER 11, 2022

GUEST BLOG. We could audit for compliance with policies and procedures, but we wouldn’t know whether they were the right ones for the business. It is quickly evident that risk management is a compliance activity at that organization; most if not all executives fail to see much value in it to them or the business.

Compliance 52

Compliance Marketability 52

Audit Board

NOVEMBER 1, 2023

When I used to work in SOX compliance at a large public company, we used a legacy tool. Many audit, risk, and compliance folks don’t have software-buying experience. 72% of risk executives say that implementing digital transformation initiatives is critical to growth. How long would it take? What did the process involve?

Technology 52

Technology Start-ups Compliance 52

Audit Board

JUNE 21, 2022

“When I started at Darling Ingredients in 2012, IT audit was fully outsourced and SOX was managed with spreadsheets. When it was just me, managing SOX with spreadsheets and reporting to directors and the audit committee was pretty easy. “I I knew about AuditBoard, and I knew how good SOXHUB was.

Compliance 52

Compliance 52

Audit Board

JUNE 29, 2023

Rather than just being focused on compliance and assurance — which are really important because you’ve got to make sure that we protect company assets and have all the bare basic stuff ticked off and ready. Internal audit functions that just do SOX. The world is changing — it’s always changing, and now it goes pretty fast.

Start-ups 52

Start-ups Compliance Technology 52

Audit Board

APRIL 7, 2022

Industry Risk Trend Examples: Regulatory Compliance, Digitalization, Supply Chain, Third-Party Risk. KRI challenges and opportunities: siloed data, manual processes, and comparing notes with fellow risk professionals. Watch the full conversation, and read the can’t-miss highlights below.

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Start-ups Compliance Banking Technology 98

Audit Board

JUNE 3, 2022

An ESG audit will likely align with other dimensions of your risk management plan and compliance requirements, as well, and can prepare you to file reports with regulatory agencies. 3: Determine Which Compliance Requirements Overlap With ESG.

Compliance 98

Compliance Start-ups Equity Finance 98

Audit Board

MAY 6, 2022

The CAE should work closely with the other risk-related functions like Enterprise Risk Management (ERM) and compliance so they can present a more collaborative and complete picture of risk management. Gain visibility into risk trends to drive key decisions and inform audit, risk, and compliance programs. Department Update.

Compliance 98

Compliance Technology Specific Risk 98

Audit Board

AUGUST 10, 2023

ESG disclosures have taken the spotlight in recent years as part of a trend of increased scrutiny around risk, compliance, and cybersecurity. In other regions, new and emerging ESG requirements are throwing companies for a loop.

Compliance 52

Compliance Start-ups Data Analysis Equity 52

Audit Board

NOVEMBER 21, 2022

As audit, risk, and compliance teams work to meet the challenges of identifying and staying ahead of novel ESG risks, they’ll need new ways of thinking — and new tools and tactics — to be successful. . Key opportunities for audit, risk, and compliance around ESG during the current voluntary phase — and the upcoming mandatory one. .

Start-ups 52

Start-ups Compliance Marketability Equity 52

Audit Board

JULY 26, 2022

Jushi’s leadership had the foresight to create an internal audit department to focus on internal controls, going beyond compliance to improve the business. Yet most cannabis businesses lack risk management maturity and resources, and the door is open for internal audit to move the industry forward.

Technology 52

Technology Banking Compliance 52

Audit Board

AUGUST 8, 2023

Types of Risk Categories: There are many different types of risk categories, including: strategic, financial, operational, compliance, security, reputational, and external risks, to name a few. Compliance Risk: Compliance risks are those risks related to legal, regulatory, and contractual obligations.

Compliance 52

Compliance Start-ups Technology Marketability 52

Audit Board

JUNE 8, 2023

Compliance audits are a broad topic that can affect many organizations across different parts of an organization. There can be different kinds of compliance audits being performed at any given point in time, and at first glance the world of compliance is full of opacity and acronyms. What Is a Compliance Audit?

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Compliance Start-ups Technology Accounting Firms 52

Audit Board

OCTOBER 3, 2022

Choosing a SOX program operating model for your business is not a decision you’ll make only once. That’s why, over time, most businesses will employ a range of SOX operating models. Download the full guide here , and read on below for answers to five common questions asked by companies implementing SOX for the first time. .

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Compliance Start-ups Technology Marketability 52

Audit Board

APRIL 7, 2022

Testing is a critical part of maintaining Sarbanes-Oxley compliance, but managing SOX testing procedures and documentation can quickly become frustrating without good organization and centralized data. Streamline SOX Testing. SOX testing can be cumbersome — but it doesn’t need to be!

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Technology Compliance 98