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For too long, internal audit has been greeted with shrugs of indifference in the C-suite. Enter data analytics, and it now has the potential to change that perception and help elevate the function to a ...

While fraud is not a new phenomenon, the current financial crisis has shown that fraud is increasingly becoming common. With this in mind, managers should start a series of anti-fraud measures that can minimise this. ...

Businesses all over the world are nowadays trying to minimize any disruption that may be caused by fraud. A lot of this responsibility falls on the shoulders of internal auditors. The amazing thing about internal ...

It is true that spreadsheets are valuable instruments, and we frequently work with teams that are storing legacy data in spreadsheets or transitioning from Excel to another system. Spreadsheets have their place, but do they ...

It's imperative that your GRC solution is always secure and available, and can be easily updated when needed, since it's at the core of your risk management and compliance programs.When hosting your GRC platform, your ...

Detecting problems quickly will depend on whether your organization has knowledgeable employees, such as auditors, inspectors, and examiners who are able to identify and prioritize critical weaknesses within your processes. By exposing and assessing indicators ...

Thru our conversations with many internal audit teams, we realise most audit teams are currently integrating analytics into their audit procedures, or they plan to do so in the near future. In response to this, ...

Audit Analytics tools used during the auditing process is extremely valuable for internal auditors. When performed effectively, internal audit team can delivers a complete, accurate, and unbiased picture of a business' financials and operations.The modern ...

Being audit-ready means managing your IT risks, ensuring appropriate security controls, and complying with relevant legislation, and you have taken the necessary steps to prevent any unpleasant surprises in an IT audit report. The auditors ...

Many Internal Audit team needs to prove ROI if they intend to invest on Analytics technology. The best way is to achieve quick implementation of analytics use cases, and start testing it out on their ...