Audit Board

SEPTEMBER 12, 2023

Protiviti’s 2023 SOX Compliance Survey report, The Evolution of SOX: Tech Adoption and Cost Focus Amid Business Changes, Cyber, and ESG Mandates , explores how technology is transforming SOX compliance in over 500 organizations in the face of more complex control environments.

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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. Identify Risk Through Data-Driven Inputs The “risk then data, or data then risk?”

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Audit Board

MARCH 24, 2022

Risk management is the process of identifying, assessing, response, and monitoring of threats to a company’s overall position in the marketplace and — ultimately — their total earnings. What Are the Biggest Challenges in Risk Management Today? Here are the top challenges to look for: 1: ESG Risks. 3: Fraud Concerns.

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Start-ups Compliance Technology 75

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.

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Technology Start-ups Compliance Marketability 52

Complysci

FEBRUARY 11, 2022

And to help you prepare, we’ve gathered our top predictions for how we believe the next year will shape up. Top Priorities for the SEC. At the start of the new year, we released our top 2022 compliance trends. However, given recent announcements and rulings, it’s clear heightened regulations are just around the corner.

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Audit Board

MARCH 15, 2022

Supply chain disruption is one of the most visible risks impacting many organizations. Gartner’s 2022 Audit Plan Hot Spots report calls out the supply chain as a top 10 risk that should be on every auditor’s radar. Five Supply Chain Risks to Include in Your Assessment. Reputational Risk. Cybersecurity Risk.

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Audit Board

NOVEMBER 17, 2022

What are the top cyber risks for 2023? Current security risks are compounded by the digital transformation of today’s ongoing remote workforce, longstanding supply chain disruptions, and increasing concerns about ESG. What Are the Top Cyber Risks for 2023? Here are the top threats to look for. .

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Compliance Technology 52

Audit Board

NOVEMBER 8, 2022

With risks constantly changing and driving new compliance requirements, compliance programs must be able to respond to changes with agility. NIST defines continuous monitoring as: “Maintaining ongoing awareness of information security, vulnerabilities, and threats to support organizational risk management decisions.”

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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.

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Audit Board

OCTOBER 12, 2022

Digital risk has continued to grow and transform as the application of technology solutions has evolved over the past few years. In January of this year, I proposed that 2022 would be “ the year of digital risk discovery ” as the world’s dependency on digital products and services continues to accelerate at an unprecedented rate.

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Audit Board

SEPTEMBER 9, 2022

Vendor vulnerabilities continue to plague many industries and teams are struggling to manage the associated risk volatility. A strong third-party risk management (TPRM) program can help alleviate the impact of related risks. Trends and Approaches for Handling Third-Party Risk Management. Level 0 is considered not a risk.

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Start-ups Compliance Banking 52

Audit Board

JUNE 15, 2023

In the field of cybersecurity, risk management, and compliance, there are a collection of acronyms that you’ll hear often enough. Each of these organizations plays a role in the shifting tectonics of security, compliance, and risk. This article will discuss NIST in detail, focusing on the NIST Cybersecurity Framework , or NIST CSF.

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Technology Compliance Start-ups Finance 52

Audit Board

APRIL 21, 2022

Cybersecurity has been a top risk to businesses for several years, and most businesses have taken this threat very seriously. Companies’ actions to mitigate cybersecurity risk are not generally visible to the public, so investors are often in the dark when deciding which companies are good options for their investments. .

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Compliance Start-ups Technology Finance 98

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.

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Audit Board

SEPTEMBER 28, 2022

Looking to three non-traditional sources for internal audit talent. ​​ Looking to three non-traditional sources for internal audit talent. ​​ Implementing technology such as risk assessment tools, AI, RPA, and data analytics to save time and stay nimble. Employing an Agile Mindset and Flexible Sourcing to Address Risk.

Technology 98

Technology Compliance Marketability 98

Audit Board

AUGUST 10, 2023

What are the top priorities for cyber professionals as they implement the governing principles of NIST that help organize your security program? For starters, if you don’t have support from leadership at the top, you likely will not succeed. This really shows, to regulators in particular, that cyber is a real concern.

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Start-ups Data Analysis Compliance 52

Audit Board

MAY 24, 2023

This COSO Internal Control - Integrated Framework (ICIF) — also somewhat confusingly known simply as COSO or the COSO framework — provided guidance for how organizations can implement controls to prevent, detect, and manage fraud risk related to external financial reporting.

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Compliance B2B Technology 52

ThomsonReuters

JULY 8, 2021

Risk management . With the heightened cyber-attacks on tax and accounting professionals, firms are always going to need to maintain a level of risk management. Most firms cannot afford the level of security, staffing, software, and hardware needed to monitor and control risks. There are a few areas to consider: .

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Compliance Start-ups Technology Accounting Firms 52

ThomsonReuters

JANUARY 20, 2023

Stay on top of audit talent hiring trends and provide your audit team with both the technical and non-technical skills they need for success with tailored training from AuditWatch. The post The changing face of audit talent appeared first on Tax & Accounting Blog Posts by Thomson Reuters. Are you ready to meet the challenge?

Data Analysis 59

Data Analysis Technology 59

Audit Board

MARCH 23, 2023

In CyberRisk Alliance Business Intelligence’s November 2022 Third-Party Risk Survey, more than half (57%) of respondents reported they were victims of an IT security incident — either an attack or a breach — related to a third-party partner in the past 24 months.

Compliance 52

Compliance Technology 52

Audit Board

AUGUST 29, 2022

Leveraging AuditBoard’s connected risk platform as a “game-changer” that saved the team thousands of hours. Gaining Alignment Across the Three Lines to Identify and Monitor Potentially Disruptive Risks. It’s part of the internal audit function, and I work very closely with our ERM leader to make sure I understand what those risks are.

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Start-ups Finance Technology Marketability 52

Audit Board

SEPTEMBER 30, 2022

In this episode of AuditTalk , Richard Chambers, Senior Internal Audit Advisor at AuditBoard and former CEO of The Institute of Internal Auditors, explores the strengths and opportunities facing the profession in terms of stature and the value it adds, including: Why unprecedented risk velocity and volatility have created a state of risk Bedlam.

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Start-ups Technology Compliance Data Analysis 52

Audit Board

APRIL 27, 2023

Objectively evaluating risks, analyzing and assessing processes and systems for efficiencies, doing spot-checks for as-yet-unknown issues, and keeping departments aligned and meeting business objectives are all important ways that auditors can bring value. The internal audit function is crucial to a company’s growth.

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Compliance Start-ups Technology Finance 52

Audit Board

OCTOBER 16, 2023

On one hand, maintaining or reducing costs is a top priority. By utilizing low-code/no-code analytics, audit teams can manage their risks and controls with greater accuracy and efficiency to support their business leaders in making better-informed, data-driven decisions.

Technology 52

Technology Compliance Marketability 52

Audit Board

OCTOBER 2, 2023

But as companies take up more digital space, they increase their cyber footprint, and encounter more cybersecurity threats of different types. Taking a one-size fits all approach to each information security risk invites redundancy and excess expenditure. What are The Top Cybersecurity Threats?

Technology 52

Technology Start-ups Data Analysis Compliance 52

Audit Board

JULY 7, 2023

What are the top priorities for executives as they work to improve the practice of IT risk and control performance? Building and operating your program to address those risks. Leaders from Emburse, Aptiv, and Boston Consulting Group discuss changes in the IT risk industry, addressing risk, and conveying value internally.

Compliance 52

Compliance Technology 52

Audit Board

APRIL 4, 2022

We design controls to mitigate risks knowing the limitations of the control owners and the tools and environment with which they have to work. In the SOX world, we balance residual risk against the impact and likelihood of a SOX control deficiency. Understand Tone at the Top. Implement Modern Connected Risk Technology.

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Start-ups Technology Compliance 98

ThomsonReuters

FEBRUARY 23, 2024

Instead, the key to minimizing the risk of an unfavorable sales tax audit is to be fully prepared for the audit before it happens. So, considering the stakes involved, making a company’s sales tax operations and compliance functions audit-ready should be a top priority. Think Black Friday and Cyber Monday, November and December.”

Start-ups 52

Start-ups Technology Compliance 52

Audit Board

APRIL 28, 2023

What’s top of mind for chief audit executives right now? There’s a core skill set, but they also have the opportunity to work on different lines of business, with different people, and on different entities and risk items within the organization. That’s your ongoing risk assessment. They move around, they take on their own life.

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Start-ups Technology Marketability 52

Audit Board

DECEMBER 19, 2022

FutureRisk spotlights emerging risk areas and unique approaches to risk treatment with risk leaders from the world’s most prominent organizations. Prioritizing risk management activities to improve performance. Identifying the top business priorities driving a need for greater assurance.

Compliance 52

Compliance Start-ups Technology 52

Audit Board

NOVEMBER 10, 2022

FutureRisk spotlights emerging risk areas and unique approaches to risk treatment with risk leaders from the world’s most prominent organizations. The importance of starting out by understanding your organization’s risk ecosystem and developing an integrated risk taxonomy. .

Start-ups 52

Start-ups Technology Compliance 52

Audit Board

OCTOBER 5, 2022

Watch Omer Singer, Head of Cybersecurity Strategy at Snowflake , and Richard Marcus, Vice President, Information Security at AuditBoard, discuss the way forward for compliance teams in today’s ever-evolving cyber risk landscape, including: The building blocks for a data-driven compliance program — and some common pitfalls to avoid. .

Compliance 52

Compliance Start-ups Technology 52

FE International

JANUARY 3, 2021

Return to top of page ). Return to top of page ). For example, if 15% or more of revenue derives from a single customer, the business could be put at considerable risk if that customer were to leave. It is a good practice to analyze at least the top 20 backlinks to an e-commerce site. How to Value an E-Commerce Business.

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EBITDA Start-ups Finance eCommerce 59