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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
Just when all our accounting data is going online, experts say password security is in trouble. Passwords are just too vulnerable to hackers – and people are too careless.
COSO has issued its updated Internal Control – Integrated Framework (2013 Framework).
A company’s financials, reputational risk remains the top non-financial concern for corporate directors. Another risk rooted in technology – cybersecurity and information technology risk – is rising quickly among directors’ concerns, according to the fifth annual Board of Directors Survey report by accounting, tax, and consulting firm EisnerAmper.
IIA Sees Need for Public Sector Audit Committees
July 21, 2014 - Accounting Today
The Institute of Internal Auditors wants more public sector entities to establish independent audit committees. The IIA has released a new report, “Global Public Sector Insight: Independent Audit Committees in Public Sector Organizations,” making the case for the need to establish such committees.
More vigilance and better defences can make cyberspace a lot safer
Use the five benchmarks set out for an effecive fraud risk management framework.
Here are five suggested actions companies should take to boost return on investment.
December 16, 2014 - Compliance Week
December 9, 2014 - In the Black
November 21, 2014 - Reuters
November 18, 2014 - Accounting Today
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