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- Professional Accountants in Business
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Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
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Risk Management & Internal Control
Proper risk management and internal control help organizations understand the risks they are exposed to, put controls in place to counter threats, and effectively pursue their objectives. They are therefore an important aspect of an organization’s governance, management, and operations. Professional accountants can and should play a leading role in helping their organizations achieve an integrated, organization-wide approach to risk management and internal control—which ultimately helps create, enhance, and protect stakeholder value. Read More
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Evaluating and Improving Internal Control in Organizations
June 28, 2012 - IFAC
Highlights areas where the practical application of existing internal control standards and frameworks often fail in many organizations and assists professional accountants in business to continuously evaluate and improve internal control, and ensure that it is integrated into governance and risk management.
Provides principles-based guidance to assist professional accountants and their organizations in developing and implementing a code of conduct in a values-based culture.
Understanding Cybersecurity and the External Audit
February 2, 2016 - Center for Audit Quality
This resource explains that role in two important contexts: the audits of financial statements and internal control over financial reporting (where applicable) and disclosures.
ISO 31000: Risk Management–A Practical Guide for SMEs
January 21, 2016 - ISO
This is designed to be used alongside ISO 31000, this handbook provides indepth guidance for SMEs looking to improve their risk management practices.
CIPFA has developed an interactive Assessment Tool, designed to help public sector organisations measure their counter-fraud arrangements against the Code of Practice on Managing the Risk of Fraud and Corruption.
This OECD Recommendation and its Companion Document provide guidance for all stakeholders on the economic and social prosperity dimensions of digital security risk.
This SMA provides board members, corporate executives, and the risk, compliance, and audit professionals who support them, with a set of guidelines, best practices, and practical examples for developing and implementing an effective risk appetite statement framework.
- Deloitte CFO Insights: Facing (and Embracing) Strategic Risks
February 3, 2016 - CFO Innovation
- Role of Internal Auditor in Internal Control System of Companies
January 27, 2016 - Financial Express
- COSO-guided Cybersecurity: Risk Assessment
January 27, 2016 - Wall Street Journal Risk & Compliance Journal
- Forensic Data Analytics and the Human Factor
January 25, 2016 - The Accountant
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