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Bottoms-Up Audit Planning: Risk-Based Auditing From Planning to Scoping

Audit Board

Not all risk-based approaches are created equal: does your bottom-up planning start with risks in mind? The traditional audit planning process starts with understanding the risk profile of your audit universe, all auditable entities, then building a plan based on risk ratings for the predetermined entities.

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Addressing Emerging Risk With Agile Auditing

Audit Board

Trying to keep up with emerging risks can be exhausting. In my current role as a Senior Risk Manager in an IT SOX assurance team at Verizon, I am always concerned about staying ahead of emerging risks so we can address anything critical before it becomes a problem. . Start Your Agile Transformation Now.

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The Connected Risk Journey: How to Discover Risk When and Where It Really Matters

Audit Board

2023 is shaping up to be a pivotal year for business leaders. On your connected risk journey, careful planning and guidance from audit, risk management, and compliance professionals are essential for business success when facing risk challenges such as digital transformation, climate change, supply chain disruption, and economic uncertainty.

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How to Measure and Enhance Organizational Performance and Resilience With IRM

Audit Board

Companies can begin by undertaking a current-state assessment, learning about integrated reporting best practices, rallying support, establishing governance, and starting to gather qualitative and quantitative data. Resilience: Are You Prepared to Respond to and Recover From Risk Events? IT is now the backbone of business.

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Risk-Seeking Corporate Governance

Reynolds Holding

At the same time, startups are taking unprecedented risks – defying regulators, growing in unsustainable ways, and racking up billion-dollar losses. Founders may be reluctant to take on so much risk. In our model, VCs address the divergence in risk preference by striking an implicit bargain with founders.

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Data Update 4 for 2021: The Hurdle Rate Question!

Musings on Markets

In this post, I will start by looking at the role that hurdle rates play in running a business, with the consequences of setting them too high or too low, and then look at the fundamentals that should cause hurdle rates to vary across companies. US , Europe , Emerging Markets , Japan , Australia/NZ & Canada , Global ) 2.

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How to Find a Technology Services Firm to Buy: I Can’t Find the “Right Fit” to Acquire

IT Valuations

It’s a thorough examination of your two firms to determine the readiness for an acquisition, including a Calculation of Value and a close examination of the specific risks of doing a transaction. Your seller will need to ensure that its books, records, and contracts can stand up to a robust due diligence process.