Taylor & Francis Article
The Importance of Multiculturalism on Auditing
Today’s workplace is multicultural and global. This article describes how an effective auditor in today’s global environment must realign his or her thinking and communicate and negotiate with people across different cultures.
Data Analytics Game Plan for Internal Audit
Although many professionals believe that data analytics can add value to the internal audit process, surveys have shown that only a small percentage of audit functions actually use data analytics tools regularly. In this Hot Issue article, Jim Kaplan and Richard Lanza explore the reasons for this widespread underutilization and offer insight to help you shape an implementation plan in your organization.
Using Communication to Drive a Risk-Conscious Culture
From a communications standpoint, organizations typically approach regulatory compliance with orientation training when an employee is hired, and thereafter via periodic training – most often, annually. In many instances, this approach falls far short of effectively driving change throughout the organization – despite the serious consequences of failing to comply. Effectively driving change in an organization means changing the way that people behave.
Getting to Strong – What Banking Organizations Need to Know
As financial institutions emerge from the most severe economic rupture in generations, many are struggling to respond to the heightened expectations of multiple stakeholder groups. Among these expectations is the drive captured by the regulatory agency-mandated phrase, “Getting to Strong.” This white paper suggests three key considerations and a business case for Getting to Strong, including indicators as to how executive management, the board of directors and regulators can evaluate achievements and define sustainable progress.
Updated Audit Report
Accounts Payable Review – Audit Report
This is a sample internal audit report for an accounts payable review. The example illustrates a clear and concise format for presenting audit objectives, scope and procedures performed.
Budgeting Best Practice Guide
This guide focuses on one of the most time-consuming financial processes: budgeting. At a high-level, it describes steps that companies should consider implementing in their own budgeting processes, with the goal of linking the process to corporate strategy.
Control Self-Assessment Questionnaire: Legal
Self-assessment is a recognized best practice and has been applied to risks and controls for many years. This self-assessment questionnaire is a starting point for completing a review of the legal function.
Corporate Governance Compliance Questionnaire – Sample 2
Companies address a myriad of new corporate governance requirements established by U.S. Congress, the exchanges and regulators. This document addresses questions focused on balancing corporate governance and business operational demands.