In 2022, the Auditing Standards Board (ASB) issued new standards dealing with quality management (QM) that will become ...

Enterprise Risk Management lecturer Penny Cagan shares the evolution of the field of operational risk and dispels some of its most common misconceptions.

In the ever-evolving financial landscape, artificial intelligence (AI) is reshaping credit risk assessment, offering enhanced accuracy, efficiency, and cost reductions. Sahini Dyapa, an expert in ...

Embracing cutting-edge cybersecurity practices is critical for all businesses, regardless of niche and size. Implementing the ...

In an era of increasingly sophisticated financial crimes and evolving regulatory, compliance, and internal audit needs, ...

Yet, pay audits do not come without risk, particularly ... legal counsel early in the process and limiting the number of other individuals involved with the audit, an organization should educate ...

Key steps for organizations and their counsel to take and issues to consider when developing and implementing a risk-based due diligence program for investigating third parties in commercial ...

An auditor's risk assessment procedures must include ... inherent risk tends to be a more subjective process than other components of the audit. However, there are often clear and observable ...

The accreditation process ensures ... bodies and assessment quality partners (AQPs), which are responsible for accrediting workplaces. In the case of internal auditing, this responsibility lies ...

The audit team travels the globe to audit and inspect Army COMSEC accounts, ensuring that COMSEC material is being properly accounted for, stored, and handled. The audit process is designed to ...