Corporate Audit Department Charter
This tool contains six sample charters that outline the mission statement, objectives, responsibilities and services of a company's corporate audit department.
Auditing the Enterprise Risk Management (ERM) Process Guide
In this tool, we’ve compiled a guide that includes a systematic, disciplined approach to evaluating and improving the effectiveness of a company’s risk management, control and governance processes.
Sarbanes-Oxley Compliance Committee Structure Guide
This guide discusses the duties, composition, structure and interrelationships of the disclosure committee that needs to be formed to facilitate Sarbanes-Oxley compliance.
POLICY AND PROCEDURES
Data Backup and Retention Policy
This tool contains three sample policies that highlight guidelines and procedures common to recognizing and retaining data.
Agile Audit Leading Practices
This tool provides agile methodologies and leading practices an organization should use to measure and enhance its internal audit capabilities.
Collateral Risk Key Performance Indicators (KPIs)
This tool defines collateral risk, shares leading practices to mitigate collateral risk and provides questions to consider.
Settlement Risk Key Performance Indicators (KPIs)
This tool discusses the meaning of settlement risk, outlines business risks related to settlement, and shares performance measures and questions to consider.
AUDIT ANALYTICS ARTICLE
AQRM Red Flags: Changes in Accounting Estimates
Audit Analytics examines the significant changes in accounting estimates related to property, plants and equipment for 2020.
HOT ISSUE ARTICLE
Resilience and the Workforce Are Key Concerns in 2021 and Over the Next Decade, According to Protiviti-NC State Global Survey
Here, we highlight the results of our ninth annual risk survey and illustrate the top 10 risks for 2021 and 2030 in order of priority.
PREMIUM TOOL OF THE WEEK
Legal Spend Management Capability Maturity Model (CMM)
This capability maturity model can be used to measure the maturity of an organization's legal spend management process and to assist its progress from the initial/ad-hoc state toward the optimized state.
Cintas Creates New ESG and Compliance Role
Cincinnati-based Cintas Corporation has promoted Christy Nageleisen to the newly created position of vice president of ESG and chief compliance officer. Source: corporatesecretary.com
Single Audits: Using Compliance Supplements for Success
Understanding how to use the Compliance Supplement is more important than ever for auditors responsible for single audits. Source: journalofaccountancy.com
Will Sweatpants Come to the Office When We Return?
HR professionals at several CPA firms offer ideas on how to ease teams back into office mode while preserving comfort. Source: journalofaccountancy.com
KLplus CPE COURSE SPOTLIGHT
Introduction to the Sarbanes-Oxley Act of 2002
This basic-level course provides a summary of the Sarbanes-Oxley Act and provides an overview of key sections. The course explains the role of the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) that was created by the Act to oversee auditors. The completed course is worth 1.2 CPE credits and by the end of the course, you will be able to:
FEATURED TRENDING TOPIC
- Identify high-level requirements of key sections (302, 404, 409 and 906) of the Sarbanes-Oxley Act (SOX)
- Identify the role of the Securities and Exchange Commission (SEC)
- Identify the role of the Public Company Accounting Oversight Board (PCAOB)
Internal controls was a big trending search topic over the past week. We've published over 400 tools and publications related to internal controls 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
TOP 5 PAGES ON KNOWLEDGELEADER
- Hedge Accounting – New Edition of GAAP Update Service Discusses FASB Proposal
- Lease Accounting – New Edition of Lease Accounting Template for ASC 842 Published
- Corporate Penalties – SEC Commissioner Crenshaw Discusses SEC Corporate Penalties
- Fraud – New Edition of GAAS Update Service Discusses AU-C Section 240
- GASB Standards – New Edition of Governmental GAAP Update Service Discusses GASB Omnibus 20XX Exposure Draft
These were the most popular items on KnowledgeLeader last week:
- Internal Audit and Risk Management: The Basics
- Growing Number of ICFR Issues Following IPO
- Information Security Management System Policy
- Fixed Assets and Property Audit Work Program
- Accounts Payable RCM