The KnowledgeLeader Blog
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Second Line of Defense: What Needs to Be Present
What is the Second Line of Defense?Essential to effective risk management, the lines-of-defense model is implicit in COSO’s internal control framework through the...
The Three Components of a Successful Systems Design
What is design risk? To “design” is to create, fashion, execute or construct according to plan. The term design as used here refers to the entire scope of a proje...
How to Define Risk Management Goals and Objectives in Your Organization
Risk oversight and risk management are high priorities on the agenda of most organizations. Here are popular KnowledgeLeader tools that focus on risk management:&...
Six Tips on How to Implement a Strong Ethics Program
Do your customers trust and believe in your company? Do you trust and believe your employees? Do your employees trust and believe in you?Trust and transparency in...
Risk Assessment Maps and Prioritizing Business Processes
Risk assessment helps identify and document critical business processes and the internal controls within each process. Combined with facilitated management meetin...
The Art of Internal Audit Reporting: Direct Impact and Clarity
Internal audit (IA) reporting may be the biggest challenge in the audit process next to scheduling the audit itself and implementing recommendations in today’s co...
Inventory Management Sample Process Interview Questions
This extensive list of questions can be asked during an interview for an inventory audit.PurchasingCan I have a copy of your policies and procedures?Can I have a ...
How to Develop an Effective Code of Conduct
Executives often cite an ability to adapt to change as the most important factor for success in today’s dynamic business environment; however, there is another eq...
Enterprise Risk Management: How to Effectively Raise the Bar
What is risk management? Everyone talks about the need for good risk management programs, but nobody seems to know how to audit them to ensure that they work. The...
Guide to Risk and Risk Reporting
Business risk is the level of exposure to uncertainties that the enterprise must understand and effectively manage as it achieves its objectives and creates value...
