Tools
The following tools were published on KnowledgeLeader this week:
Disaster Recovery Team Policy
Create and improve your organization’s disaster recovery plans with the standards and guidelines in this policy. Sample 1 outlines the roles and responsibilities of various dedicated teams, including the business process recovery team, facilities assessment team, information technology (IT) team, public relations team, recovery operations management team, and travel and lodging recovery team.
Manage Security and Privacy - Administer Security: IT Physical Security Risk and Control Matrix (RCM)
A successful risk management strategy requires a strong internal control environment. The risk control matrix (RCM) format emphasizes that strong and risk-oriented internal control environments are often optimized with automated/manual controls, depending on the situation.
Order-to-Bill Audit Work Program
Our Order-to-Bill Audit Work Program is designed to assist in evaluating the integrity and effectiveness of an organization's order-to-bill process. This document meticulously outlines a series of audit objectives aimed at ensuring compliance with corporate policies and the accuracy of order fulfillment, billing and inventory management.
Investments in Securities, Derivative Instruments and Hedging Activities Audit Work Program
The objective of this audit program is to review the controls related to a company’s investment procedures, which outlines a structured approach for assessing whether transactions are conducted in accordance with established management policies, ensuring that the information related to these transactions is both complete and accurate.
Asset and Liability Management Policy Review Audit Work Program
Evaluate your organization's asset and liability management policies, procedures and risk oversight with the best-practice steps in this work program. This includes reviewing the organization's approach to interest rate risk, liquidity management, derivatives and swaps.
Purchasing Audit Work Program
In this work program sample, we provide best-practice steps for the purchasing audit process. The detailed steps in this document provide an understanding of the purchasing process, including how to create process maps, review departmental policies and compare current practices to best practices.
Quality Assurance Review Plan Report
This document outlines a systematic approach that includes reviewing existing data, conducting interviews with senior management and external auditors, and facilitating risk assessment workshops. It also details the process of mapping high-priority risks to review areas, leading to the formulation of a review plan that focuses on areas of greatest risk and value to the organization.
Publications
KnowledgeLeader has also published several publications this week.
Changes to UK Listing Rules
The Financial Conduct Authority (FCA) published revised listing rules on July 11, 2024. These set out a simplified listings regime with a single category and streamlined eligibility for those companies seeking to list their shares in the U.K. This represents a major overhaul of the listing rules to align the U.K.’s regime with international market standards.
Privacy, Data Protection and Cybersecurity in the Boardroom With Dr. Gregg Li
Dr. Gregg Li has been the chief architect and surgeon for the board of directors for over 30 years in Asia and the Pacific Rim. In that time, Li’s strategic focus has been on technology and governance and the transformation of boards.
A Guide to the EU AI Act: Regulations, Compliance and Best Practices
As artificial intelligence (AI) continues its explosive growth within organizations around the world, with virtually every business function exploring opportunities to increase productivity, efficiency and revenue growth, a growing collection of regulations, standards and frameworks is beginning to emerge.
Recommended Resources
This list of recommended resources from the web may be of interest to you. Click each link to learn more.
- Bankruptcy Filings Are on the Rise — What Mid-Market Firms Need to Know
- Opinion: Net Zero Targets Don’t Affect Corporate Strategy – So Let’s Get Rid of Them
- Harness the Power of AI Across GENERATIONS