Mon, Mar 13, 2023


The following tools were published on KnowledgeLeader this week:

Risk Assessment Guide 

Every organization faces various risks from external and internal sources that must be assessed. This tool contains four guides that can be used by auditors to understand and improve their risk assessment process.

Accounts Payable Audit Work Program

Organizations can use the general best-practice steps included in this audit program to conduct an accounts payable review audit. Sample steps include holding a closing meeting with key company management to review draft internal audit reports and findings and publishing the final report and distributing it. 

Computing Operations and Support Policy: Service Levels

The purpose of this policy is to ensure that there are defined and documented IT services, service times and user-agreed metrics for objective evaluation of the services provided. According to this policy, IT staff apply appropriate focus on problem areas with declining service-level measurements and user expectations are set for IT system availability, performance and problem handling. 

Impairments Policy

Impairment is the condition that exists when the carrying amount of a long-lived asset (asset group) exceeds its fair value. This sample policy is designed to help organizations define processes for reviewing impaired property and equipment.

Complaint Handling Policy and Procedures (Non-U.S.)

This sample outlines a set of policies and procedures governing the handling of complaints regarding harassment, discrimination and bullying. It is based on the procedures applicable in Australia but is generally applicable to many other non-U.S. countries. In this sample, the company has appointed a number of employees across different levels within the organization to deal with issues of harassment, discrimination and bullying.

​Request for Proposal; Sarbanes-Oxley Compliance

This tool contains three sample requests for proposals (RFPs) that can be used by organizations seeking a qualified service provider to implement Sarbanes-Oxley compliance services. Sample steps include describing your experience working with newly formed internal audit functions and providing an overview of the leadership team that will oversee the project engagement.


KnowledgeLeader has also published several publications this week, including two future of work articles from VISION by Protiviti. 

2022 Audit Firm Market Share of Private Funds

As of 2022, there are 489 firms conducting audits of 59,664 funds in the private funds market. In this analysis, we look at the audit firm market share of private funds broken down by private equity funds, hedge funds, real estate funds and venture capital funds. 

High Touch, Not High Tech

As we slowly begin to emerge from the first global pandemic in a century, big ideas for the cities of the future seem to be everywhere. When envisioning the cities of the future, startups and policymakers need to remember the most important factor: quality of life.

Protiviti-The Financial Times Directors’ Roundtable: An “Evolved Workplace” Is a Board’s Responsibility

How companies are adapting to the post-pandemic "evolved workplace" and a way of working that is quite different in many respects.

Integrating SOX Compliance Efforts for Optimal Results

Our latest blog post highlights Sarbanes-Oxley (SOX) best practices and shows you how to take a structured approach to your SOX compliance efforts.

Recommended Resources 

This list of recommended resources from the web may be of interest to you. Click each link to learn more. 

  1. Four CFO Strategies for Success in Uncertain Times
  2. How Corporate Boards Can Forge Healthy Relationships With Managers
  3. The "Goldilocks Zone" of Compliance and How to Face a Regulatory Audit With Confidence