The Committee of Sponsoring Organizations of the Treadway Commission released a new paper Wednesday on uniting COSO’s enterprise risk management framework with “agile” practices in internal auditing ...

In June 2022, the AICPA’s Auditing Standards Board (ASB) and Accounting and Review Services Committee (ARSC) issued interrelated final standards on quality management intended to clarify and improve ...

Enterprisewide risk management systems have expanded greatly in recent years, primarily as a tool to help management and the board proactively deal with emerging risks. While the entity’s approach to ...

Audits are an essential, if tedious, part of a company’s risk management strategy. Before the advent of cloud computing, compliance and audit teams had manual procedures and checklists in place to ...

Audit engagement risk is something all auditors think about and incorporate into their decisions, but recent research suggests that they might not be thinking about it as broadly as they should. To ...

The Enterprise Risk Management (ERM) program aims to integrate risk management considerations into university operations, academic initiatives, and research development, promoting a culture of ...

The Institute of Internal Auditors' new practice guide for internal auditing shares some good insights, but falls short in a few areas. The Institute of Internal Auditors (IIA) has published a new ...

An risk management audit function is required to ensure sensitive data and valuable assets are appropriately safeguarded. Take a hard look at who has access to sensitive data and whether those ...