Process Accounts Receivable and Collections RCM
This document outlines risks and controls common to the accounts receivables and collections process in a risk control matrix (RCM) format.
Application Performance Management Capability Maturity Model (CMM)
This document provides a model that can be used to measure an organization’s application performance management capability.
Recruitment Process Interview Questionnaire
This document focuses on the recruitment process and provides questions to consider when developing process documentation.
Accounts Payable Internal Controls Questionnaire
This questionnaire allows process owners of core functions to perform a control self-assessment of their operations and review compliance with the Sarbanes-Oxley Act.
UPDATED REQUEST FOR PROPOSAL
Request for Proposal: Internal Audit Department Quality Assessment Review
This sample request for proposal (RFP) includes a vendor questionnaire and is designed for an internal audit department seeking a service provider to conduct a quality assessment review of its performance and coverage of its entities.
Executive Perspectives on Top Risks in 2019: Healthcare Industry Group Results
Find out what risks and concerns the healthcare industry faces in 2019 in this summary report, based on the results of Protiviti’s 2019 Executive Perspectives on Top Risks Survey.
AUDIT ANALYTICS ARTICLE
Long-Term Capital Market Consequences of Financial Restatements
In this article, Audit Analytics uses the buy and hold method to look at price movement following financial restatements.
HOT ISSUE ARTICLES
Top Risks 2019: CFOs Focus on People and Technology
In this article, we explore the top five risks on CFO’s minds for 2019 and discuss the importance of an organization developing a unified vision on risk perception.
GDPR: Dealing With the Mandatory 72-Hour Breach Notification Requirement
This article explores the topic of personal data breaches and offers eight recommended actions organizations can take now to be able to respond to breaches within the 72 hours mandated by the GDPR.
Aggressive M&A in the Oil Patch — Avoid a Dry Hole With a Playbook
This article describes how your institution can avoid a dry hole in M&A by ensuring that your playbook meets sound practice standards in three areas: governance, resource mobilization and positioning for scale.
KNOWLEDGELEADER BLOG POST
Improving the Close-the-Books Process
Today's blog post contains key objectives for closing the books, the outcome measures associated with each objective, and the activity measures that drive each outcome measure.
Next-Gen RPA Bots Automating Job Roles, Not Just Tasks
This article explains how the next wave of workflow automation is advancing past robotic process automation, where bots perform specific tasks, to a digital workforce, where bots are capable of taking on nearly a full range of job responsibilities. Source: searchcio.techtarget.com
Robotic Process Automation Aims to Shake up Various Industries
This article elaborates on how robotic process automation will change traditional human employment across industries. Source: forbes.com
Manage and Administer Benefits: Healthcare Reimbursement Accounts RCM
This document outlines risks and controls common to the ‘‘manage healthcare reimbursements accounts process’’ in a risk control matrix (RCM) format.
FEATURED KLplus CPE TRAINING COURSE
Cost Accounting Module 2: Job Order Costing
This basic-level online tutorial introduces the job order costing system and process and discusses how costs for inventory, materials, labor and overhead are captured and applied to jobs. The completed course is worth 1 CPE credit, and by the end of the course, the learner will be able to:
CCH TAX AND ACCOUNTING - ACCOUNTING RESEARCH MANAGER UPDATES
Weekly Summary of Accounting, SEC, and Auditing Developments
- Define job order costing
- Identify the basic documents used in a job order costing system
- Identify the accounts used to capture costs in a job order costing system
- Identify journal entries used to record costs
- Identify how overhead is calculated and applied in a job order costing system
TOP 5 PAGES ON KNOWLEDGELEADER
- Revenue Recognition – New Edition of AICPA Accounting and Audit Guide on Revenue Recognition Published
- Leases – GASB Issues Proposed Implementation Guide on Leases
These were the most popular items on KnowledgeLeader last week:
- Internal Audit Performance Measures Key Performance Indicators (KPIs)
- Inventory Policy
- Accounts Payable RCM
- Disbursements Review Audit Report
- Accounts Receivable Internal Controls Questionnaire