The KnowledgeLeader Blog
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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...
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...
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...
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 ...
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...
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...
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...
What is Process Accounts Receivable, Credit and Collections?
In recent blog posts, we’ve discussed KPIs for various processes and even gave a concise description of what they are (see Guide to Managing Mergers and Acquisiti...
Fraud Detection Red Flags
Corporate fraud, employee theft, insurance scams/workers compensation fraud, employer fraud, forgery/falsified documents and even money laundering are all example...
