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Successful Audit Analytics Adoption: Overcoming the Budget Barrier Challenge

Audit Board

Advanced analytics — the autonomous or semi-autonomous examination of data or content using sophisticated techniques and tools — have a proven host of benefits when leveraged effectively by auditors. Without a technology budget, audit teams cannot access the data analytics solutions available on the market. Legacy enterprise software.

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5 Steps to Persuade Decision Makers in Your Org to Invest in Technology Solutions

Audit Board

However, many companies are trapped in a web of siloed solutions, legacy tools, budget constraints, and internal politics. 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.

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Effectively Managing Risk Across Your Organization: 3 Key Strategies

Audit Board

This article will share insights on three holistic risk management strategies organizations use to meet modern governance expectations. 1. Here are a few ways to get your executive teams on the same page as risk management: Report concisely on what is relevant to the executive team, using pertinent and actionable supporting data.

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CAE Toolkit: Designing Effective Audit Committee Meetings

Audit Board

This article and downloadable PDF will provide advice and a checklist the CAE can use as a participant in audit committee meetings to make sure they focus on areas of risk and governance involving internal audit that matter to the organization. Presenting “audit issues” sounds much like simplistic compliance checklist auditing.

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ESG Controls Essentials: Complying With New Requirements

Audit Board

ESG disclosures have taken the spotlight in recent years as part of a trend of increased scrutiny around risk, compliance, and cybersecurity. However, as we await the finalization of ESG requirements around the world, there are some common trends for acceptable and frequently used metrics. What Are Current and Future ESG Requirements?

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Internal Audit: A Bright Future or Storm Clouds?

Audit Board

The only word that I can use to describe what we’re living through is Bedlam… a noun defined as a place, scene, or state of uproar and confusion. It tells me that we are starting to appreciate the impact that some of these emerging risks — in some cases they’ve already clearly emerged — are going to present to our organizations. .

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Compliance Audit Basics: Definition, Types, and What to Expect

Audit Board

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?