In business, corporate governance is often equated with proxy voting, shareholder rights, and board directors’ oversight duties. But its fundamental purpose is to ensure that an organization is effectively directed and controlled, which is a significant undertaking (to put it mildly).
Avoid the Curses of Technology: Five High-Tech Compliance Challenges Every Auditor Needs to Understand
For auditors and compliance professionals, both the greatest advantage and the greatest threat of the digital world is big data.
Strong boards and audit committees stand at the core of strong organizations.
Many compliance professionals, particularly those operating under the legal department umbrella or oversight, believe that the attorney-client privilege protects all they do. This belief can be mistaken and dangerous. If wrong, potentially damaging information can be made available to legal adversaries, regulators and speculators, creating real damage to the company.
Depending on a company’s ultimate objectives, having the correct balance within the control structure is the key to a successful internal fraud investigation.
According to Cheryl Klein, founder of GRC Consulting Services, fines and new regulations won’t be the biggest challenges in 2010. Rather, regardless of what industry you are in, expect to encounter these five challenges in forthcoming years.
As organizations struggle to manage massive amounts of data, the need for proper oversight and use of information is critical. Here are Steven Adler’s six easy steps that most any organization can take towards Smart Governance.
As you know, we regularly feature Dilbert cartoons as part of our Coffee Breaks. Today, we bring you some rather humorous, snarky commentary on audit.
Erick O. Bell, a Senior Manager at Deloitte Financial Advisory Services LLP, presents a detailed internal control checklist that outlines 5 anti-fraud strategies companies can use to deter, prevent, and detect fraud.
GRC assessment and execution is a critical mandate for international businesses – even in a tough economy.
John Verver, Vice President of Services and Product Strategy for ACL Services, discusses the important of effective data analytics, and how it can provide a path to an integrated approach between audit and GRC.