Internal auditors play an important role in their organization’s corporate governance, internal control structure, risk management analysis, and financial reporting
process. In spite of all confusions and dysfunctions, ...
The world is now a very different place from what it was at the start of 2020. In a matter of
months, COVID-19 has swept across the globe. The pandemic subsequently led to
travel restrictions, business closures, cancelled ...
An emphasis of matter paragraph is included in the auditor’s report and refers to a matter presented or disclosed in the financial statements that, in the auditor’s judgment, is of such importance that it is fundamental ...
The COVID-19 pandemic has resulted in unprecedented social and economic paralysis. Most companies have transitioned to an entirely remote workforce and while existing technologies have facilitated connectivity via cloud ...
Effective audit planning will focus the auditor’s attention on key areas of the audit and ensure that sufficient resources are allocated to the engagement. Planning should result in an audit that is well directed and ...
Risk heat maps are visualizations that present the results of a risk assessment. In an
enterprise risk assessment process, the ability to visualize risks helps to establish
and communicate a holistic view of risks ...
QA is a simple concept, which starts with one idea: Internal Audit functions should
complement their traditional, required activities with an active role in the organization culture itself. It is all about being a ...
To ensure organisations achieve their objectives, it is
imperative that internal audit reviews the controls in
place to reduce the risks their companies face. In order
to distinguish this process from ‘traditional’ ...
The threat to technology-based information assets
is higher now than it has been in the past. As
technology has advanced, so too have the tools
and methods employed by those who seek to gain
unauthorised access to ...
Artificial intelligence (AI) is a broad term that refers
to technology that makes machines to be “smart.”
Organisations are investing in AI research and applications
to automate, augment or replicate human intelligence, ...
Wouldn’t it be great if you knew exactly what a
hiring manager would be asking you in the next
interview? It is unfortunate that we cannot read
other peoples’ minds. However the question “describe the
audit process ...