Developing Budgets Key Performance Indicators (KPIs)
This benchmarking tool focuses on cost-based, quality-based and timed-based performance measures for developing budgets.
Control Rationalization and Cost-Effectiveness Questionnaire
This tool highlights questions to consider when implementing and measuring an organization’s cost-effectiveness and control rationalization plan.
FASB Decides to Extend Effective Date of Revenue Recognition and Leases Standards for Certain Entities
This Flash Report summarizes the key areas of the FASB’s recent standard extension and outlines what changes organizations should look forward to.
HOT ISSUE ARTICLES
Next-Gen Internal Audit: What Do We Mean When We Talk About Agile Audit?
In this article, Protiviti’s Liz Berger takes the opportunity to define what we mean by ‘‘Agile’’ as it applies to internal audit.
Utilizing Technology to Streamline Documentation, Coding and Billing Requirements of COVID-19 Cases
This article explores the new ICD-10-CM code expedited by the Centers for Disease Control and Prevention (CDC) due to the rapid spread of the novel coronavirus.
The Next Generation of Internal Audit: Harnessing Value From Innovation and Transformation
This article suggests ways to leverage internal audit functions to improve processes, drive innovation, and glean deeper and more valuable insights for their organizations and stakeholders. Source: cpajournal.com
How to Keep the Bankers and Investors on Your Side During a Recession
It's important to communicate to bankers and investors that you have a handle on the issues facing your company, but also that you need their support. Source: cfo.com
Three Tips for Better Audit Communications
Jim Pelletier outlines his three tips on today's issues impacting audit communications, which auditors should incorporate while interacting with stakeholders. Source: theiia.org
FEATURED PREMIUM CONTENT
Enterprise Resource Planning Capability Maturity Model (CMM)
This capability maturity model can be used to measure the maturity of an organization’s ERP management process and to assist its progress from the initial/ad-hoc state toward the optimized state.
Manage Tax Functions: Internal Tax Function RCM
This document outlines risks and controls common to the “internal tax function” aspect of the process in a risk control matrix (RCM) format.
FEATURED KLplus CPE TRAINING COURSE
Using the COSO Internal Control Integrated Framework for Sarbanes-Oxley Compliance
This basic-level course introduces COSO—the Committee of Sponsoring Organizations of the Treadway Commission—and introduces the COSO Internal Control Integrated Framework and its five components. The completed course is worth 1.2 CPE credits, by the end of the course, the learner will be able to:
KNOWLEDGELEADER'S GREATEST HITS
Enterprise Risk Management Questionnaire
- Identify the purpose and origin of COSO
- Identify the objectives and components of the Internal Control - Integrated Framework
- Identify how the COSO framework is applied at both the entity and activity levels in a Section 404 assessment
This questionnaire can be used when analyzing an organization’s enterprise risk management strategy.
Procurement Internal Controls Audit Work Program
This sample audit work program reviews the internal controls in an organization’s procurement process.
DID YOU KNOW?
Segregation of Duties Topic
KnowledgeLeader has over 65 tools and publications related to segregation of duties in our database, and they are all right at your fingertips. Check out our Segregation of Duties Topic Page to explore all of the segregation of duties content available to you.
TOP 5 PAGES ON KNOWLEDGELEADER
These were the most popular items on KnowledgeLeader last week:
- IT Internal Audit Report
- Internal Audit and Risk Management: The Basics
- Data Governance Audit Scoping Memo
- Risk Oversight and Risk Management Questionnaire
- IT General Controls Audit Work Program