KnowledgeLeader Blog

    Protiviti KnowledgeLeader

    Recent Posts

    Audit Committee Reporting: Important Practices and Examples You Need to Know

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:30 AM

    Chief audit executives and audit teams may be comfortable with the fact that their approach to audit committee reporting has followed the same unwavering path for the past decade. But are they shortchanging themselves by not communicating results as clearly and engagingly as possible?

    Read More

    Topics: Internal Audit, Risk Assessment, Audit Committee & Board, Quality Assessment Review, Audit Reporting

    How to Identify Remarkable Value in Data Analytics for Internal Audit

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:30 AM

    Internal auditors have weighed the benefits of data analytics software since the earliest versions of the technology began to surface nearly two decades ago. The conversation has continued even as the tools have grown in sophistication and become more pervasive on Windows-based systems.

    Read More

    Topics: Internal Audit, Audit Planning, Audit Reporting, Data Analytics

    How to Remarkably Audit Your IT Initiatives

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:15 AM

    Changes to a company’s information technology (IT) environment, both information systems and the underlying platforms, are a source of significant operational risk for every organization. To protect its IT investment and reduce operating risk, robust change management processes are critical. The need for a positive control environment and a very unforgiving attitude regarding unauthorized IT changes by management cannot be overemphasized. Insufficiently tested IT changes is an unacceptable practice.

    Read More

    Topics: IT Audit, IT Governance, IT Infrastructure, IT Strategy

    Ten Tips You Need to Know for Making High-Impact Presentations

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:00 AM

    In order to be a high-performing auditor, you must be able to deliver messages in a clear and compelling manner. From kickoff meetings and status reports to internal training sessions, executive committee reports and even ordinary staff meetings, auditors are often required to communicate with tact, diplomacy and conviction.

    Read More

    Topics: Human Resources, Training & Development, Internal Audit, Audit Committee & Board

    Internal Audit: How to Guarantee an Increase in Performance

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:00 AM

    The internal audit function’s position within a company is unique. It provides its principal stakeholders (audit committee members and management) valuable and objective assurance on governance, risk management and control processes, as well as consulting services to improve operations. With this critical responsibility to fulfill, implicit in executing those duties is internal audit’s continuous improvement to its own practices.

    Read More

    Topics: Internal Audit, Risk Assessment, Audit Committee & Board, Quality Assessment Review, Audit Planning

    Enterprise Risk Management: How to Effectively Raise the Bar

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:00 AM
    Everyone talks about the need for good risk management programs, but nobody seems to know how to audit them to ensure that they work. The people that bear responsibility for setting the parameters of an enterprise risk management (ERM) program is pretty clear: the board of directors and the C-level executives. They decide what the risks are, what level of risk they’re willing to tolerate and what risks they do not want to tolerate. They are responsible for monitoring and responding to ERM outputs and obtaining assurance that the organization’s risks are acceptably managed within the specified boundaries.
     
    Read More

    Topics: Enterprise Risk Management, Internal Audit, COSO, Risk Assessment, Audit Committee & Board, Governance, Risk & Compliance

    How to Improve Internal Audit's Capabilities and Needs

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:00 AM

    Ongoing professional development is essential for today’s internal auditors, previously outlined in Protiviti’s 2013 Internal Audit Capabilities and Needs Survey. The results of the survey provide plenty of food for thought on the importance internal auditors assign to professional development in the light of a rapidly changing environment with new challenges at every turn. At the same time, internal auditors are enjoying a broader range of career paths and becoming innovative thinkers to meet the needs and challenges of a changing environment.        

    Read More

    Topics: Internal Audit, IT Audit, Audit Committee & Board, Audit Planning

    Important Things You Need to Know When Traveling for Audits

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:00 AM

    Over time, auditors have had the good fortune to go on audit assignments and client meetings throughout the U.S. and in many countries of the world. Some trips are spectacular, landing them in the midst of great cities like New York, New Orleans and San Francisco. Others, however, put some of them in danger zones amidst civil war and natural disaster. If you’re a well-heeled auditor, you’ll appreciate the stories and advice in this blog post. If you have ever dreamed of getting that plum auditing role that includes travel, take note: it isn’t always what you imagined it to be. This blog post will help you understand the pros and cons of the traveling auditor’s life.

    Read More

    Topics: Internal Audit, Cross Border & Non-US Issues, Project Management, Audit Planning

    COSO Integrated Control Framework: Important Changes You Need to Know

    Posted by Protiviti KnowledgeLeader on Tue, Mar 10, 2020 @ 08:00 AM

     

    In January 2013, the updated version of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Integrated Internal Control Framework went into effect (https://www.coso.org/). If you’re wondering what this model is, you probably work for a privately held corporation or a non-profit or are very new to internal audit.

     

    Read More

    Topics: Compliance, COSO, Internal Controls, Risk Assessment, Entity-Level Control

    How to Efficiently Create Agile Risk Management Solutions

    Posted by Protiviti KnowledgeLeader on Thu, Mar 05, 2020 @ 02:02 PM

    Many organizations have failed to keep pace with changing trends in risk and compliance. Resource allocation for many risk and compliance initiatives implemented under pressure of a crisis to demonstrate urgency and prioritization or regulators has proven to be unsustainable.

    Read More

    Topics: Enterprise Risk Management, Risk Assessment, Governance, Risk & Compliance, Strategic Risk, Agile Auditing

    Add a Comment:

    About KnowledgeLeader

    KnowledgeLeader, provided by Protiviti, is the premier resource for internal audit and risk management professionals.

    With over 1,400 customizable tools and 1,300 articles by industry experts, we offer the most comprehensive service on the market.

    For more information:

     Tour the Site

    Recent Posts

    Posts by Topic

    see all