Audit Board

AUGUST 29, 2022

Join Richard Chambers for a new episode of his Agents of Change video series, featuring conversations with internal audit leaders from some of the world’s most prominent organizations about innovation in the profession. Marketing audit’s consultative services to earn a seat at the table and make positive change in the organization.

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Audit Board

SEPTEMBER 30, 2022

The internal audit profession is at a crossroads. The profession clearly demonstrated resilience during the pandemic, and emerged as an innovative and agile resource in many organizations. Signs that internal audit is heading toward a bright future , including resilient resources and cultivating a diversity of skills. .

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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. Have agile reporting capabilities. Have a validation workflow that facilitates the methodology.

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ThomsonReuters

MARCH 30, 2021

And that’s one of many reasons it pays to review cloud technology and what it means to tax and audit firms. Thanks to cloud planning, our organization saved 600 hours in the accounting and finance departments alone—freeing time for analysis, enabling best practices, and supporting greater business agility.”.

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Audit Board

JUNE 13, 2022

This guide outlines the essential elements of IRM and why it’s important, key approaches to be mindful of, and what to look for when determining which integrated risk management software solution is right for your organization. What Is Integrated Risk Management (IRM)? IRM benefits include: 1: Good Data.

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Audit Board

JANUARY 25, 2023

Meanwhile, there are many interdependencies between mandatory, regulated financial reporting and what is, at present, voluntary, unregulated ESG reporting. However, this information’s reliability, meaningfulness, and use are suspect. Momentum is growing, and not simply due to impending regulation.

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Audit Board

JANUARY 26, 2023

Many traditional internal audit practices hinder our ability to respond to changes in the risk landscape within an appropriate amount of time. That is an important reason why internal audit must continuously monitor risks so that it can adjust its plans swiftly in response to changing conditions.

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Audit Board

AUGUST 17, 2023

My organization, Northwest Natural , went through a major implementation not too long ago, and we had to decide how internal audit would be involved. At the time, we looked for resources to help guide us on how and when to conduct an audit, but ultimately we had to make decisions that worked for our company on our specific project.

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Internal Audit 360

NOVEMBER 22, 2021

Yet these are the qualifications chief audit executives, senior managers, and board members cite most often as the key abilities they are looking for in good internal auditors. Now internal auditors must often conduct audits remotely , interviewing process owners and others through phone calls and video conferencing.

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Audit Board

AUGUST 31, 2023

Read on for guidance across geographies (including a downloadable ESG Regulations Quick Reference PDF covering status, scope, applicability, timing, audit requirements, and more) and best practices on preparing for what’s next. So while S1 and S2 are currently voluntary, jurisdictions may eventually mandate them for IFRS filers.

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ThomsonReuters

MARCH 2, 2021

For example, finance , global trade , and compliance functions all benefit from having easier access to accurate tax data and better reporting capabilities. It can also create a lack of agility over time, or in extreme cases, cause systemic process failures. Here are four ways to get started: . Include any global considerations.

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ThomsonReuters

JULY 7, 2021

Nimble, agile operations and sophisticated global trade management software are essential for companies to avoid the pitfalls and identify opportunities in this fast-changing environment. _. We’re evaluating, assessing and, to a certain extent, determining what is tenable, what is palatable, from a trade policy perspective.”

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