The KnowledgeLeader Blog
The KnowledgeLeader Blog is your resource for staying up to date on the latest hot topics in internal audit and risk management. Sign up to join the list and be the first to know about new content!
What is Transaction Authenticity?
What Is Transaction Authenticity?"Transaction authenticity" can be defined as the authentication of a party’s (individual, organization) identity, to ensure that ...
Do You Have Adequate Documentation for Your Business Processes?
Good process documentation doesn’t just describe how things work—it tells a story of an organization’s modus operandi (MO). As with any storytelling, you might si...
Six Successful Warehouse and Storage Strategies You Need to Know
There are two main goals that companies with leading practices strive to achieve in the warehousing process: to provide value-added services such as product custo...
What is Strategic Forecasting?
Budgeting is a systematic process for:Expressing future plans in formal quantitative termsAllocating resources to achieve strategic goalsMonitoring progress towar...
Comparing U.S. Sarbanes-Oxley with C-SOX (Bill 198) and J-SOX (FIE)
As a result of the infamous Enron and WorldCom scandals, the U.S. reacted with strict guidelines to re-establish confidence in the financial market. Commonly refe...
Social Media Risk: What it Means to Your Risk Profile
Social Media Risk: What it Means to Your Risk ProfileSocial media platforms and applications have been implemented rapidly by most organizations over the past dec...
Risks Associated with Data Integrity and Management Best Practices
Failure to manage data integrity risk can have the following impact:Authorization, completeness, and accuracy of transactions may be incorrect as they are en...
Ten Important Roles of the Audit Committee in Internal Audit
Ten Important Roles of the Audit Committee in Internal AuditAlthough the exact nature, charter, scope and reporting lines of internal audit may vary between compa...
Important Roles You Need to Be Aware of During Enterprise Risk Management
The chief audit executive (CAE) and internal audit can play one or more of the following roles in conjunction with the implementation of enterprise risk managemen...
How to Identify Remarkable Value in Data Analytics for Internal Audit
Internal auditors have weighed the benefits of data analytics software since the earliest versions of the technology began to surface nearly two decades ago. The ...
