Every corporation, whether new or well-established, should follow corporate governance best practices. Best corporate governance practices apply to large, small, public, and private companies. They even apply to non-profit organisations and other entities. Following...
The benefits of AI are evident as growing cybersecurity risks and regulations put pressure on boards, CIOs, and CISOs to monitor the landscape and stay ahead of change. What trends and risks are top of mind? What can organisations do to keep themselves cyber-ready?...
As auditors take on an increasingly expanded role as strategic advisors, powerful tools like data analytics can help them stay ahead of evolving requirements. However, bringing data analytics into audit can present its own unique challenges, from alignment to security...
We often hear the word “agile” from aligning remote and dispersed teams to managing cyber security risk. Internal audit work, under increased pressure to move faster, demands more agility to effectively manage emerging risks—enter the era of agile auditing A recent...
How to get from basic data analysis to continuous monitoring To provide executives with visibility and assurance, audit teams must leverage audit analytics, becoming masters of both hindsight and foresight.Looking at huge sets of data will give you these insights, but...
Strategic internal audit leadership and change is the new status quo. With rapid shifts on all fronts, organisations need accurate data to make the right decisions at the right time. Though internal audit departments have the power to stop adverse risk events in their...
Regarding risk management and compliance, most organisations operate on a 3 Lines of Defense (3LOD) model, in which operational management, compliance, and internal audit work together to assess and mitigate risk and manage controls and compliance. This model may be...