Audit Board

NOVEMBER 16, 2023

Today’s organizations face a risk environment best described as permacrisis, a new term to define our “extended period of instability and insecurity.” In permacrisis, risk is growing, accelerating, and evolving, becoming more interconnected and complex — but organizational capacity to manage risk isn’t keeping up.

Technology 52

Technology Compliance 52

Audit Board

APRIL 27, 2022

Digital risk has become one of the fastest-growing, most pervasive risks in any organization. Gartner defines “ digital risk ” as the set of risks inherent in digital products, services, and supporting processes. Meanwhile, only 18% of respondents place ownership of digital risk with business management.

Technology 105

Technology Compliance 105

Sun Acquisitions

MARCH 22, 2024

In this blog post, we will delve into the world of M&A due diligence , shedding light on the best practices for conducting a comprehensive evaluation of potential targets. It involves meticulously reviewing the target company’s financial, operational, legal, and strategic aspects.

Technology 59

Technology Start-ups Market Risk Marketability 59

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

ThomsonReuters

DECEMBER 8, 2023

How AI is transforming audit Traditionally, auditors have heavily relied on manual processes to uncover risk in financial statements and business operations. AI algorithms can quickly analyze vast datasets, identifying patterns, anomalies, and potential risks with exceptional speed.

Technology 98

Technology 98

ThomsonReuters

FEBRUARY 16, 2024

This makes data management matter more than ever. 2. Aiding in heightened risk management Many global companies are ill-equipped to meet these new demands. Tax managers may spend valuable time dealing with messy data that arrives in a variety of formats and is stored in standalone spreadsheets.

Technology 96

Technology Compliance Start-ups Finance 96

Audit Board

OCTOBER 23, 2023

Stay tuned for a second article deep dive into GE’s journey with a data-driven dynamic risk assessment. Learn more about Dynamic Risk Assessment solutions powered by AuditBoard and EY here. Do you know what must go right to achieve your organization’s strategic objectives?

Compliance 64

Compliance Specific Risk Technology 64

Internal Audit 360

SEPTEMBER 1, 2022

With the constantly changing times—due to socio-economic factors, the pandemic, supply chain disruptions, changing employee preferences and behaviors, and other relevant trends that affect the company’s work patterns—internal audit needs to be as strategic and risk-based as ever. 5) Emerging Risks and Risk Mitigation.

Marketability 98

Marketability 98

Audit Board

MARCH 22, 2022

The UK’s new laws are the Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 and the Limited Liability Partnerships (Climate-related Financial Disclosure) Regulations 2022. The company’s governance strategy for assessing and managing environmental risk that takes into account different environmental outcomes.

Compliance 105

Compliance Technology 105

Audit Board

OCTOBER 30, 2023

Today’s business and IT leaders face unprecedented challenges in understanding and quantifying IT risk. How resilient is your organization’s IT risk management (ITRM) program? Are stakeholders across the business getting the information needed to identify, quantify, and respond to the risks that matter for their roles?

Compliance 52

Compliance 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. Yet, there is growing evidence that these ERM programs are not doing enough to protect their businesses from operational risk events linked to their unique risk profiles.

Start-ups 52

Start-ups Banking Technology Compliance 52

Sun Acquisitions

APRIL 26, 2024

The integration of sustainability into various facets of business operations has become both a moral imperative and a strategic necessity. Risk Mitigation and Reputation Management One of the primary reasons sustainability has become integral to the M&A process is risk mitigation.

Compliance 59

Compliance Marketability 59

ThomsonReuters

DECEMBER 22, 2023

Join us as we explore the impact of emerging technologies, effective risk reduction strategies, and the evolving landscape of indirect tax compliance. These webcasts are designed to equip you with the knowledge and skills necessary to thrive in the ever-changing world of tax management. REGISTER NOW! REGISTER NOW!

Compliance 52

Compliance Technology 52

Audit Board

FEBRUARY 6, 2023

How risk aware is your organization? Without risk awareness and communication, organizations can so easily fall into a false sense of security. Often, what is communicated at the board-level in the form of an enterprise risk management plan, is not rooted in what risks are emanating from lower levels in the organization.

Compliance 52

Compliance Start-ups Technology 52

Audit Board

AUGUST 16, 2023

Effective risk management takes a proactive and preventative stance to risk, aiming to identify and then determine the appropriate response to the business and facilitate better decision-making. What Are Risks? Nevertheless, we choose to take on those risks, and may benefit from doing so.

Start-ups 52

Start-ups Compliance Technology Specific Risk 52

Sun Acquisitions

MARCH 27, 2024

Companies increasingly recognize the importance of Environmental, Social, and Governance (ESG) factors in shaping their strategic decisions. In this blog post, we will explore why sustainability and ESG are taking center stage in M&A and how they shape the future of corporate consolidation.

Marketability 59

Marketability Compliance 59

Audit Board

AUGUST 29, 2023

But the 2020s are a different kind of chaos, with one risk-disruptive crisis after another, from COVID, supply chain woes, and war in Ukraine to inflation, waning confidence in banking and the capital markets, climate impacts, domestic political polarization, and more. The world has always known chaos.

Technology 52

Technology Compliance Start-ups Banking 52

Sun Acquisitions

JULY 21, 2023

Due diligence plays a crucial role in evaluating a transaction’s potential risks and rewards, ensuring that both parties are well-informed and can make informed decisions. In this blog post, we will explore the role of due diligence in successful M&A transactions and why it should be a top priority for companies.

Compliance 52

Compliance Marketability 52

RNC

FEBRUARY 16, 2024

It serves as a foundation for strategic decision-making, risk management, compliance, and overall financial planning for businesses relying on industrial assets. Risk Management: Valuation helps businesses identify potential financial and logistical risks related to their plant and machinery assets.

Compliance 52

Compliance Finance Marketability Appraisal 52

Audit Board

SEPTEMBER 14, 2023

The importance of robust vendor risk management, or “VRM”, practices has been illustrated by a number of cyberattacks and data breaches that have originated from vendors and gone on to significantly impact the organizations using their services. What is Vendor Risk?

Compliance 52

Compliance Start-ups Accounting Firms Technology 52

ThomsonReuters

JANUARY 9, 2024

To do this, there are three key considerations to bear in mind: Harnessing technology will be central to managing 2024 GMT requirements efficiently Navigating the intricate web of new regulations entails overseeing the distinct rules set across 138 countries in the BEPS initiative.

Technology 88

Technology 88

Audit Board

JULY 11, 2023

This IDC Spotlight, sponsored by AuditBoard, The Coming ESG Reporting Imperative , educates leaders involved in ESG program management on implementing purpose-built ESG reporting. By establishing policy and practices for strategic ESG reporting, organizations can efficiently apply resources to achieve maximum effectiveness.

Compliance 52

Compliance Technology Marketability 52

Sun Acquisitions

AUGUST 21, 2023

Mergers and acquisitions (M&A) have long been a strategic tool for businesses looking to expand, gain a competitive advantage, or diversify their offerings. This blog post will explore the art of successful mergers and acquisitions for privately held businesses, from vision to reality.

Marketability 52

Marketability Technology 52

Audit Board

JANUARY 9, 2023

The good news is that companies are well aware of these concerns and see the need to improve their risk management positions in the coming year. According to a recent report from Protiviti , companies of every size — from established blue chip businesses to small startups — plan to strengthen their risk management processes in 2023. .

Technology 52

Technology Compliance Marketability 52

ThomsonReuters

JANUARY 19, 2023

Leveraging a powerful workflow engine can deliver the intelligent tax automation , control improvement, and greater visibility tax teams need to make more strategic decisions, mitigate risk, and successfully orchestrate the entire direct tax process. Secure access for all internal and external sources of data in your process.

Start-ups 59

Start-ups Compliance Marketability 59

Audit Board

MAY 6, 2022

During those meetings, the audit committee needs to digest a great deal of information related to trends and risk exposures that are occurring, the organization’s performance in managing risk, and internal audit strategies to improve their focus on risk, as well as to review the structure and composition of the department’s resources. .

Compliance 98

Compliance Technology Specific Risk 98

Internal Audit 360

APRIL 14, 2022

This requires strategic thinking, especially in this rapidly changing business environment. Whilst change is a factor in every business, some organizations may be going through profound transformation, implying a major exposure to change risks. When should internal audit plan for a change governance audit?

Start-ups 98

Start-ups 98

ThomsonReuters

JULY 25, 2023

Inflection points like these – where failing to respond presents a greater risk than acting – are ideal times to consider switching to an automated IDT system. Thomson Reuters: If a business is doing tax determination and rate management manually, is it feasible that the tax team can keep up?

Start-ups 93

Start-ups Technology Compliance Finance 93

ThomsonReuters

APRIL 30, 2024

Auditors can sample data effectively by using statistical techniques to stratify data based on risk factors. Automated data analysis tools detect anomalies, outliers, and red flags, allowing auditors to focus on high-risk areas. You can also check out our blog for additional information.

Data Analysis 52

Data Analysis Technology Start-ups Compliance 52

Audit Board

JUNE 28, 2022

Organizations with immature risk management environments are facing challenges to evolve. With minimal historical risk information to build upon and little to no pre-existing enterprise risk management (ERM) process, it’s difficult to see organization-wide risk clearly or ensure appropriate follow-through.

Start-ups 52

Start-ups Technology Marketability 52

Audit Board

SEPTEMBER 29, 2023

In today’s data-driven business environment, ineffective cyber risk management can pose a serious threat to achieving strategic business objectives. For insurance organizations, staying ahead of cyber risk should be a top priority to safeguard business growth and expansion opportunities.

Compliance 52

Compliance Technology Finance Marketability 52

Audit Board

SEPTEMBER 28, 2023

Since 2016, the European Confederation of Institutes of Internal Auditing’s (ECIIA’s) annual Risk in Focus report has sought to help Chief Audit Executives (CAEs) understand how their peers view today’s risk landscape as they prepare their forthcoming audit plans for the year ahead.

Marketability 52

Marketability Market Risk Technology 52

Audit Board

DECEMBER 25, 2022

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.

Compliance 52

Compliance Start-ups Technology Equity 52

Audit Board

APRIL 13, 2023

Facing a constantly expanding risk spectrum, today’s business leaders are prioritizing efforts to improve and connect risk management efforts. Measures of business success are evolving beyond financial performance, combining the quantitative and qualitative to more holistically explain risk and value creation over time.

Compliance 52

Compliance Start-ups Technology Specific Risk 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. What Is Integrated Risk Management (IRM)? What Is Integrated Risk Management (IRM)?

Compliance 52

Compliance Technology Start-ups Marketability 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.

Start-ups 52

Start-ups Compliance Equity Technology 52

Audit Board

AUGUST 1, 2023

The SEC recently adopted their proposed rules, including those regarding Cybersecurity Risk Management on July 26, 2023. The stakes and expectations of an organization’s IT Risk Management capabilities have never been higher – and as we all know, the dollar impacts are real.

Technology 52

Technology Start-ups Compliance Marketability 52