Tools
The following tools were published on KnowledgeLeader this week:
Remeasurement and Foreign Exchange Rates Policy
Gain insights into managing the financial impact of remeasurement and exchange rates with our industry-standard policy. According to this sample, financial statements are intended to present information in financial terms about the performance, financial position and cash flow of the company. For this purpose, the financial statements of separate legal entities within the company are consolidated and presented as though they were one single entity.
Remote Network Access Policy
Companies can utilize our Remote Network Access Policy to protect their resources and enforce IT security for remote access connections. This policy applies to all company employees, contractors, vendors and agents with a company-owned or personally-owned PC or workstation used to connect to the company network. Remote access connections used to do work on behalf of a company also apply to this policy.
Project Risk Management Audit Work Program
Implement the leading practices in our project risk management audit work program to strengthen your internal audit function. Leading practices include: marketing/sales and project management should jointly identify and agree upon the marketing approach and project management should continuously communicate project status to marketing/sales management.
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. Audit steps include creating a summary scorecard for each process reviewed, using the standard report template, and creating the internal audit report.
Vendor Payment Policy
Download this policy to initiate an ACH payment and handle requests for domestic and international wire tranfers, domestic ACHs and foreign currency bank drafts. According to this policy, if the treasury payment authorization analyst identifies anomalies between the payment authorization report and the cash flow forecast, the analyst will determine the payment that requires blocking and notify the supervisor to block the payment.
Publications
KnowledgeLeader has also published several publications this week.
Anglicare Sydney CEO on AI, Housing and Critical Issues Facing Governments
Simone Miller is the CEO of Anglicare Sydney, a nonprofit organization that offers services for seniors, families and individuals in need, from food and housing to mental health and family care. In this VISION by Protiviti interview, Leslie Howatt, a managing director and the firm’s technology consulting solution lead in Australia, sat down with Miller to discuss AI use cases in government, the future of public housing, and how government can more effectively work with the social sector to deliver outcomes.
Ironwill 360° Leadership; Moving Forward – Unlocking Twelve Emerging Trends for Forward-Thinking Leaders
In an era of constant change, leadership has never been more challenging or critical. Douglas P. Pflug’s “Ironwill 360° Leadership: Moving Forward” provides an invaluable guide for leaders determined to stay ahead of the curve. By exploring twelve emerging trends that are reshaping the future of leadership, this book offers a comprehensive and insightful roadmap for navigating the complexities of modern multigenerational leadership. Pflug’s work is a must-read for anyone who aspires to be a forward-thinking leader.
Recommended Resources
This list of recommended resources from the web may be of interest to you. Click each link to learn more.
- Flash Report — PCAOB Issues Staff Update and Preview of 2022 Inspection Observations
- Ask the Expert: Why AI Is Worth All the Hype
- The CFO’s Second Act: Succession Planning Matters