Tools
The following tools were published on KnowledgeLeader this week:
IT Disaster Recovery Policy
This sample policy is designed to help companies define procedures for reducing the risks associated with disruptions that may occur to information systems that provide critical business functions. According to this policy, global disaster recovery committee(s) consisting of the global CIO, division CIOs and appointed designees must be established.
Account Reconciliation Policy
This tool contains multiple sample policies that establish procedures and guidelines organizations can use during their account reconciliation process. In these samples, each account should be reconciled monthly unless an exception is approved by corporate finance and the VP controller.
Finance End-User Computing Policy
This document contains three sample policies that provide guidelines and procedures for reviewing an organization’s finance end-user computing (EUC) process. This process is an important aspect of governing the accuracy and reliability of spreadsheets and other similar applications used to produce or support critical financial information.
Domestic Intercompany Accounting Policy
This policy establishes guidelines for recording intercompany accounting transactions, which are defined as all accounting transactions that occur between two or more locations within a company. In this sample, all domestic intercompany accounting transactions must be recorded on a timely basis.
Dress Code Policy
This policy outlines a company’s dress code for a classy, contemporary business casual environment. The goal is to portray a business-like image of company employees while allowing employees to work in a more comfortable, less formal atmosphere in the office environment.
Purchasing Rebates Audit Work Program
This tool includes two sample audit programs that provide steps organizations can take to perform a purchasing rebates audit. Sample work steps include observing and documenting a workflow and/or narrative to document the understanding of the purchasing rebates process.
Publications
KnowledgeLeader has also published several publications this week.
Auditor Changes in Canada: 2022
As one of Canada’s leading firms, MNP pulled in 41 new clients throughout the year. In this article, Audit Analytics further examines the total new engagements among Canadian auditor changes in calendar year 2022.
U.S. Banking Regulators Finalize (Finally) Revised Third-Party Risk Management Guidance
On Tuesday, June 6, 2023, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation (collectively, the agencies) issued the “Interagency Guidance on Third-Party Relationships: Risk Management.” In this Flash Report, we address the finalized and revised third-party risk management guidance by U.S. banking regulators, ensuring robust risk practices and enhanced cybersecurity.
View From Down Under: NSW’s Chief Data Scientist on Technology and the Future of Work
Ghislaine Entwisle, managing director at Protiviti Australia and co-leader of the IT advisory practice, sat down with Dr. Ian Oppermann, industry professor at the University of Technology Sydney, to talk about technological equity inclusiveness as distributed work becomes the norm.
Recommended Resources
This list of recommended resources from the web may be of interest to you. Click each link to learn more.
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