Tools
The following tools were published on KnowledgeLeader this week:
Project Risk Management Audit Work Program
This sample audit program provides the internal audit team with guidance and direction when executing audits of projects and/or program management office activities. This work program is intended to provide the audit team with an overview of some basic background and concepts associated with projects and programs, and the dependencies/relationships between them.
Remote Site Visit Audit Work Program
This sample contains two work programs that provide general steps organizations can use during a remote site audit. Sample steps in these procedures include discussing the nature and scope of the audit with key personnel, discussing timing with key management, scheduling staffing as appropriate, writing comprehensive audit programs, issuing an initial budget, making travel arrangements, and creating summary scorecards for each process reviewed.
Project Management Office Guide
This Project Management Office (PMO) Guide template contains two guides that provide a detailed examination of the following: benefits of a PMO, key elements of an effective PMO, basic PMO processes, PMO methodologies, skills of a successful project manager, key performance indicators (KPIs) for the PMO, and PMO best practices.
Sarbanes-Oxley 404 Compliance Project Testing and Documentation Standards Guide
An efficient and organized testing strategy is an important part of complying with Sarbanes-Oxley (SOX) Section 404. This guide can be used by Sarbanes-Oxley project teams to test Section 404 key controls and document the testing results. It incorporates the importance of independent testing by internal audit to lessen the work required by the external auditor.
IT Project Management and SDLC Policy
The purpose of this policy is to establish requirements to consistently govern and manage IT projects, including acquisition, conversion, development and implementation efforts. According to this policy, division CIOs or designees must establish a project management framework by which IT projects within their division should be governed; division CIOs or designees must establish a systems development lifecycle (SDLC) framework by which development.
Rebate Payment Policy
Organizations can use this sample policy to identify rebate payments to be made and calculate the appropriate payment value. Rebate payments are remitted to a customer for a trade promotion program. This policy covers both Tier 1 (operator/distributor) and Tier 2 (indirect via a distributor) customers.
Deferral of Collateral Charges Policy
This deferral of collateral charges policy outlines procedures for ensuring that accounting for deferring and amortizing the costs of promotional materials is in compliance with management's objectives.
Publications
KnowledgeLeader has also published several publications this week.
Humanity in the Age of the Metaverse, With CJ Casciotta, Founder of Reculture
CJ Casciotta, founder and president of Reculture, sat down with Protiviti’s Joe Kornik to discuss the importance of keeping it real in the age of virtual worlds.
Technical Debt and Innovation: The CFO’s Perspective
As organizations strive to increase their focus and time and resources on innovation, technical debt becomes a significant concern and burden that can lead to decreased productivity as well as increased costs and risk.
Supply Chain Orchestration Graduates From Theory to Leading Practice
Boards increasingly view major supply chain complications as strategic risks. Organizations should look to cloud-based supply chain orchestration platforms to respond to ongoing disruptions while meeting increasingly exacting customer demands.
Recommended Resources
This list of recommended resources from the web may be of interest to you. Click each link to learn more.
- Create a Magnetic Culture at Your Firm
- Overburdened Audit Committees Threaten Quality of External Audits
- Geopolitical Tensions Exacerbate TMT Industry’s Top Risk Concerns