The KnowledgeLeader Blog
The KnowledgeLeader Blog is your resource for staying up to date on the latest hot topics in internal audit and risk management. Sign up to join the list and be the first to know about new content!
How to Monitor Transaction Governance for Anti-Money Laundering
Expectations for transaction monitoring (TM) governance are quickly evolving due to the complexity of detection systems, the demand for additional operational ove...
Guide to Risk and Risk Reporting
Business risk is the level of exposure to uncertainties that the enterprise must understand and effectively manage as it achieves its objectives and creates value...
What is Strategic Forecasting?
Budgeting is a systematic process for:Expressing future plans in formal quantitative termsAllocating resources to achieve strategic goalsMonitoring progress towar...
Disclosure Controls and Procedures: Key Facts You Need to Know
The SEC introduced “disclosure controls and procedures” as a new term in its initial August 29, 2002, release following the enactment of Sarbanes-Oxley. Disclosur...
Ten Important Roles of the Audit Committee in Internal Audit
Ten Important Roles of the Audit Committee in Internal AuditAlthough the exact nature, charter, scope and reporting lines of internal audit may vary between compa...
What is Sourcing Risk?
Outsourcing has become a keystone of major business operations to the point that it’s almost a given that large companies will move certain expensive business pro...
Comparing U.S. Sarbanes-Oxley with C-SOX (Bill 198) and J-SOX (FIE)
As a result of the infamous Enron and WorldCom scandals, the U.S. reacted with strict guidelines to re-establish confidence in the financial market. Commonly refe...
Do You Have Adequate Documentation for Your Business Processes?
Good process documentation doesn’t just describe how things work—it tells a story of an organization’s modus operandi (MO). As with any storytelling, you might si...
How to Optimize Effective Audit Planning
Audit planning sets the tone for the audit. If audit planning hasn't been done well, it can make the entire audit much more difficult. You should be answering fou...
Project Management: Business Risks and Best Practices You Need to Know
Project management is generally associated with the ability to apply expert knowledge, skills, tools and techniques to project activities in order to meet or exce...
