New Content on KnowledgeLeader - 9/1/2025
Tools
The following tools were published on KnowledgeLeader this week:
IT Continuity Review Audit Work Program
This IT Continuity Review Audit Work Program serves as an essential resource for organizations seeking to enhance their IT disaster recovery and continuity planning. This tool provides a structured framework for evaluating existing IT continuity processes, identifying potential risks and ensuring that critical systems can recover swiftly in the event of disruption. By utilizing this tool, organizations can improve their resilience against unforeseen challenges, align their IT strategies with business continuity objectives and ultimately safeguard their operations. The clear guidance and actionable insights offered by this audit program make it an asset for businesses committed to maintaining operational stability.
Commissions Audit Work Program
Our Commissions Audit Work Program is designed to help organizations strengthen the integrity of their sales commission processes. Tailored for those seeking practical, actionable guidance, this audit tool provides a structured approach to identifying control gaps, preventing fraud, and ensuring commissions are calculated and paid accurately in line with company policies. By utilizing this program, organizations can ensure their commission practices are transparent, compliant and efficient, fostering trust and reliability for both management and auditors. It is particularly valuable for businesses where recurring sales and complex commission structures require meticulous monitoring and robust controls.
Significant Accounting Updates Policy
Transform your financial reporting approach with essential accounting updates designed to improve disclosure and compliance quality. This robust tool addresses the complexities of evolving financial reporting requirements, particularly those set forth by regulatory bodies such as the SEC. It emphasizes the importance of establishing internal controls and structured procedures to ensure compliance with these standards. The policy includes two detailed samples that illustrate practical steps for organizations to adopt new accounting policies. Sample 1 outlines the overarching policy and internal controls necessary for implementing new standards.
Inventory Policy
Unlock the potential of your inventory management with our attached audit tool, a strategic resource designed to elevate operational efficiency and enhance internal controls. This tool serves as a guide for organizations seeking to implement effective inventory policies and procedures that not only protect assets but also ensure compliance with regulatory standards. By harnessing the insights contained within, subscribers can optimize their resource allocation and streamline processes, ultimately driving greater accuracy and financial integrity in their operations.
Personal Leave of Absence Policy
Streamline your organization’s employee management with our Personal Leave of Absence Policy, which provides clarity on how to navigate personal leave scenarios, ensuring that employees understand their rights and responsibilities while maintaining organizational efficiency. The tool features two distinct policy samples, each addressing unique aspects of leave administration. Sample 1 focuses on personal leave for compelling reasons, detailing the process for requesting, approving and managing such leaves. It outlines how employees can retain health benefits during their absence and provides guidelines for payment responsibilities.
Publications
KnowledgeLeader has also published several publications this week.
Executive Perspectives on Top Risks for the Near- and Long-Term: Perspectives of Chief Audit Executives
In a world where uncertainty is the only constant, organizations face a daunting array of risks that demand attention and action. From cybersecurity threats to talent shortages, third-party vulnerabilities, economic instability and ever-evolving regulatory demands, today’s leaders must navigate an increasingly complex landscape. These challenges aren’t just near-term hurdles; they represent long-term shifts that will shape the next decade. To thrive, organizations must adopt a forward-thinking approach—investing in talent, embracing technological innovation, and building resilience through adaptability and collaboration.
Security Expert Tom Vartanian: Amid All the Chaos, Boards Need to Refocus on Cyber and AI
In today’s unpredictable business environment, boards face a pivotal challenge: how to safeguard their organizations while harnessing the power of rapid technological change. The key lies in making cybersecurity and artificial intelligence top priorities. By doing so, companies can build resilience against ever-evolving threats and position themselves to thrive amid market volatility and global uncertainty. Leaders who recognize the urgency of these issues are better equipped to protect their organizations and capitalize on new opportunities emerging from disruption.
Compensating Controls: Legacy Risk Stopgaps or Strategic Enablers?
Compensating controls play a pivotal role in modern security strategies, acting as essential safeguards when primary solutions fall short. Originally designed as temporary fixes to address gaps in compliance or technology, these measures often outlive their intended purpose, transforming into hidden liabilities that hinder innovation and slow organizational progress. To stay ahead of today’s rapidly evolving threats, organizations must rethink how they manage these controls—shifting from reactive, audit-driven practices to proactive, lifecycle-based approaches that focus on mitigating real operational risks.
Recommended Resources
This list of recommended resources from the web may be of interest to you. Click each link to learn more.