New This Week

Questionnaire

Control Self-Assessment Questionnaire: COSO

This questionnaire can be used to assess an organization’s use of the COSO framework.

Hot Issue

IT Risk Assessment: The Big Picture

As organizations plan for next year, it’s logical to regard the IT risk assessment as a critical component that should be reviewed through the audit function.

Compliance Week Article

Answering Some Common Questions About the New Revenue Standard

Now that companies and audit firms have had time to digest the new accounting standard for revenue recognition, common questions have emerged.

Taylor & Francis Article

Demystifying Disclosure Controls: Understanding Them to Effectively Leverage Toward Objectives

While this article tackles disclosure controls mostly from the SEC's definition, it also has ideas for entities not subject to SEC rules and regulations.

Benchmarking Tool

Data Analytics by Business Process

This tool lists sample data analytics that can be run for common business processes: procure-to-pay, order-to-cash, human resources, inventory and finance.

Policy

Subsequent Events Policy

This policy outlines procedures to evaluate subsequent events that provide evidence about financial conditions that did not exist as of the balance sheet date.

Updated Work Program

Close the Books Audit Work Program

This document provides two sample work programs that provide general steps for a "close the books" audit.

Featured Topics

Featured Event

KnowledgeLeader Webinar: Five Tips to Increase Your Influence

Join us on Friday, August 29th for this complimentary webinar with speaker and popular KnowledgeLeader writer Ann M. Butera. Free CPE credit will be provided.

Featured Links

Proposed New Guidance Outlines 12 Principles For Internal Auditing

The (IIA) has announced proposed changes to the International Professional Practices Framework. Source: journalofaccountancy.com


2014 Advanced Persistent Threats Are Real

The controls being used to defend against APTs might not be sufficient to adequately protect enterprise networks. Source: isaca.org

Featured KLplus CPE Training Course

The Effects of IFRS on Information Technology and Data Systems

This basic-level interactive training presentation is designed to describe the systems and information technology challenges associated with IFRS.

Did You Know?

Risk Assessment Topic

KnowledgeLeader has over 330 pieces of content focused on risk assessment. So, what are you waiting for? Come explore our publications and tools!

CCH Tax and Accounting - Accounting Research Manager Updates

Weekly Summary of Accounting, SEC, and Auditing Developments

This Week's Poll

Publication: IT Risk Assessment: The Big Picture

Previous Poll Results

Publication: Five Tips for Increasing Your Influence as an Auditor