KnowledgeLeader Blog

Each quarter, we like to take a look at the most popular tools and publications that we've published so that we can get a sense of what our readers enjoy most. This quarter's Top 10 list has variety--we see some classics, some surprises, and a lot of content that should be useful for completing your audit projects throughout 2018 and beyond. Check out the full list and enjoy!

Topics: KL Top Ten, KnowledgeLeader tools

This week, we are highlighting the Top 5 Pages on KnowledgeLeader from October 1-5! Take a look at the "best of the best" of our tools that could help you simplify your audit projects.

Topics: KnowledgeLeader tools, weekly top 5

Internal audit (IA) reporting may be the biggest challenge in the audit process next to scheduling the audit itself and implementing recommendations in today’s complex and competitive corporate environment. An audit report presents results of an examination or review within the organization and is considered by many to be the core deliverable of audit services. Therefore, the importance of good reporting cannot generally be exaggerated.

Topics: internal audit, training & development, audit reporting, internal audit administration, KL Tools

First Step: Use Self-Assessment Within the Internal Audit Department

The first and simplest way to use the self-assessment process is to use it in determining your own internal audit function strategy and priorities. This is an excellent starting point, for numerous reasons:

Topics: self assessment, risks and controls, internal audit

Is The Treasury Function Ensuring Superior Financial Services for Your Company?

The treasury function at a company bears responsibility for managing financial transactions, safeguarding deposits, earning a return on reserves and obtaining credit. At a minimum, the staff of the treasury function selects and supervises providers of financial services, such as bankers and lenders, who will produce superior results at a fair price. In companies that apply leading practices, the treasury function staff develops relationships with bankers and lenders who provide more than simple banker-to-customer services: the relationships progress into collaborative business partnerships where the bankers help the company manage financial risk and develop the resources worldwide to meet its strategic financial objectives.

Topics: accounting/finance, cash and treasury, performance management/measurement, credits and collections

This week, we are highlighting the Top 5 Blog Posts on KnowledgeLeader so far in 2018! Take a look at the "best of the best" of our blog posts that could help you simplify your audit projects.

Topics: KnowledgeLeader tools, KL top five

Total quality management requires commitment and persistence. Quality will always have a cost, but many companies are demonstrating that investments in quality always provide returns. Cost-of-quality reporting essentially views costs of quality as "good" costs and "poor" costs. The "good" costs are those incurred by the company in delivering customer satisfaction. The "poor" costs arise from:

Topics: KL Tools, performance management/measurement, supply chain, inventory and materials management, vendor management

Business and government have long maintained an adversarial relationship. The business community objects to any government interference in commerce, and government believes it has a duty to protect the public interest with laws and regulations that promote fair competition and force the business community to be a good citizen. In recent years, government efforts to protect the public have drastically increased the cost of doing business. As a result, many companies are rethinking their government relations strategies and identifying ways to improve their relationships with government and the general public.

Topics: KL Tools, performance management/measurement, audit committee & board, compliance, corporate governance, laws & regulations, government, nonprofit industry

Are you using strong strategic communication processes that build great relationships between your organization and the public?

Public relations has gained importance and visibility in the recent years as our marketplaces become more competitive and the exponential growth in proliferation of media. The importance of a well-crafted public relations campaign has never been greater. This includes not just generating coverage and visibility, but also fostering meaningful relationship with customers, clients, business partners, employees and the public.

Topics: business continuity management, disaster recovery, human resources, performance management/measurement, social media risk

This week, we are highlighting the Top 5 Pages on KnowledgeLeader from July! Take a look at the "best of the best" of our tools that could help you simplify your audit projects.

Topics: KnowledgeLeader tools, KL top five