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

Internal audit departments can effectively manage arising risks while capitalizing on the capabilities of AI and data ...

Strategies to assist boards in maintaining a balanced approach to governance as they navigate an uncertain, dynamic, and ...

The Joint Munitions Command, headquartered at the Rock Island Arsenal in Illinois, plays a crucial role in providing ...

Audits are inherently backward-looking, focused on reviewing past financials and ensuring that the company has complied with ...

Audit risk can be divided into three categories: control risk, detection risk, and inherent risk. The risk that a company's internal practices and controls don't prevent any misstatements is ...

Internal investigations often start small. A complaint, a suspicious transaction, or a red flag in a routine audit. Most ...

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

He also urged statutory auditors to closely monitor the adequacy and effectiveness of NBFCs' internal controls ... questions of governance, audit oversights and risk management policies of ...

A New Framework by Robert Kaplan and Anette Mikes: Preventable risks occur within the firm, have no strategic value, are ...

risk-based assessments. The university has adopted this policy in accordance with the State University of New York Internal Control Policy and the New York State Government Accountability, Audit and ...