Tools
The following tools were published on KnowledgeLeader this week:
Risk-Based Auditing and Audit Rating System Audit Report
Auditors can use the key findings and recommendations included in this audit report sample to evaluate and improve their audit rating system. This report does not attempt to provide a “perfect” framework nor implement changes in the company’s risk-based audits and audit rating system framework.
Risk Management Policy
This tool contains two sample policies that establish standards and procedures for a common and systematic approach to managing risk across a company. This approach increases risk awareness, ensures the appropriate management of risks and makes the business unit risk profiles transparent. This enables risks to be compared and aggregated and allows one to take a portfolio approach to risk management.
Help Desk Infrastructure Policy
This sample policy is designed to help organizations assign priority levels to problems or issues reported by end users to the IT department. According to this policy, IT issues are categorized based on severity. The response and resolution times vary as per the categories. Problems and requests within a specific priority category will be handled on a first-come, first-served basis.
Harassment Policy
“Sexual harassment” is defined as unwelcome sexual advances, requests for sexual favors, or other verbal or physical conduct of a sexual nature. Sexual harassment can take a variety of forms, ranging from subtle words or actions to physical assault. The procedures outlined in this policy sample affirm that harassment of any type will not be tolerated within a company.
Publications
KnowledgeLeader has also published several publications this week.
ETN Turistar: Fast-Tracking Relevance Through Technology and Transformational Leadership
An internal audit function that is relevant is one that understands the strategic objectives of the company and develops and follows an audit plan that considers those objectives. Ruben Diaz Cruz, ETN Turistar’s Director of Internal Audit and Control, shares how his team aims to create an internal audit organization that “audits by process, not just activities.
The Future Is Digital but Fraud, Volatility Could Cripple Crypto, Says Allianz Trade Executive
Aaron Lindstrom is the head of transformation and digital partnerships, Americas region, for Allianz Trade, the world’s largest and oldest provider of trade credit insurance. Allianz Trade Head of Digital Partnerships Aaron Lindstrom and Protiviti’s Joe Kornik discuss the end of cash, digital payments, the danger of cryptocurrencies and more.
Advanced Analytics in Sanctions Compliance
Supporting a robust and risk-based sanctions program with the use of emerging technology and further leveraging advanced analytics require an ever-evolving effort. In this article, we explain how compliance stakeholders can seek out opportunities for technological enhancement, no matter the size, geography/jurisdiction or business of the institution.
Recommended Resources
This list of recommended resources from the web may be of interest to you. Click each link to learn more.