Skip to Main Content
KnowledgeLeader Content Update: Monday, August 30, 2021
August 30, 2021
KnowledgeLeader Content Update
New and featured materials this week
Lessons From the Pandemic: Crisis as a Catalyst for Innovation
This issue of Board Perspectives recaps a discussion from a recent NACD event on the significance of agility as an important driver of success in a mercurial environment.
Audit Data Analytics Leading Practices
Organizations can use the leading practices included in this tool to build their internal audit function’s analytics program and utilize analytics more meaningfully.
Purchase-to-Payment Leading Practices
This tool features a number of leading practices to assist with improving the purchase-to-payment process.
Manage Capital Planning Key Performance Indicators (KPIs)
This document includes key performance measures an organization can use to improve its capital planning process.
Strategy Assessment Guide
In this tool, we’ve compiled a guide that outlines the key recommendations and processes related to an organization’s strategic planning process.
POLICIES AND PROCEDURES
IT Risk Assessment Policy
The objective of this policy is to provide a standardized approach and operating instructions for the execution of a company’s IT risk assessment.
Earnings Per Share Policy
This tool contains two policy samples that can be used by organizations to establish uniform policies for the calculation of basic and diluted earnings per share.
Sarbanes-Oxley Compliance and Reporting Strategy Questionnaire
This tool outlines questions to consider when preparing an organization’s Sarbanes-Oxley (SOX) compliance and reporting strategies.
HOT ISSUE ARTICLE
Australia’s Responsible Lending Reforms: A Step in the Wrong Direction
A look at critical issues recently raised by Australia’s Royal Commission and what steps lenders must take when providing a credit contract or a credit limit increase.
PREMIUM TOOLS OF THE WEEK
Manage Inventories RCM
This document outlines risks and controls common to the "manage inventories" process in a risk control matrix format.
Project Management Methodology
This sample document can be used as a guide for understanding and reviewing an organization’s project management process.
CPE COURSE SPOTLIGHT
Introduction to the Internal Audit Profession
This basic-level course explains the general purpose, role and skills required of an internal auditor. The course explains the steps in an internal audit and the role of information technology in the audit process, as well as the roles of the audit committee and the benefits of internal audit functions to the audit committee. The completed course is worth 1.5 CPE credits and by the end of the course, you will be able to:
Identify the roles of the internal auditor
Identify the phases and corresponding activities of an internal audit review
Identify ways that information technology (IT) relates to the audit process
Identify the roles of the audit committee and the relationship with internal audit
Recall the IIA's definition of internal audit
Identify requirements and guidance provided by the IIA's Professional Practices Framework
IIA Calls on Accounting Standards Foundation for Reliable Sustainability Reporting
The Institute of Internal Auditors called on the international accounting standards IFRS Foundation for enhancements to sustainability reporting. Source:
COSO Provides Guidance on Application of ERM to Cloud Computing
New guidance from the Committee of Sponsoring Organizations of the Treadway Commission provides a detailed road map for incorporating cloud computing into an organization’s enterprise risk management. Source:
COBRA Premium Assistance Credit Clarified Further
The IRS has supplemented its guidance on COBRA premium payment assistance and the corresponding business tax credit under the American Rescue Plan Act. Source:
FEATURED TRENDING TOPIC
Segregation of Duties
Segregation of duties was a big trending search topic over the past week. We've published over 50 tools and publications related to segregation of duties on KnowledgeLeader, so dive in and explore all of the resources available to you!
CCH TAX AND ACCOUNTING - ACCOUNTING RESEARCH MANAGER UPDATES
Weekly Summary of Accounting, SEC, and Auditing Developments
Financial Institutions – New Edition of Knowledge-Based Audits of Financial Institutions Published
IFRS – SEC Commissioner Peirce Discusses IFRS Foundation’s Proposed Constitutional Amendments Relating to Sustainability Standards
GAO Professional Standards – GAO Issues Professional Standards Update No. 81
Governmental Audit – GAQC Alert No. 430 Published
TOP 5 PAGES ON KNOWLEDGELEADER
These were the most popular items on KnowledgeLeader last week:
Application Audit Work Program
Internal Audit and Risk Management: The Basics
Corporate Audit Department Charter
Purchase-to-Payment Review Audit Report
Initial Public Offerings: Recent Trends in Corporate Governance Risks
Free 30 Day Trial
Group Free 30 Day Trial
Already have an account?
subscription details and pricing
See All Recent Editions
Get started on KnowledgeLeader for free!
Start a 30-day free trial
Connect With Us
Log in to KnowledgeLeader
Copyright Protiviti Inc. 2021. EOE All Rights Reserved