The Committee of Sponsoring Organizations of the Treadway Commission released a new paper Wednesday on uniting COSO’s enterprise risk management framework with “agile” practices in internal auditing ...

Few organizations are seen as having effective risk management, so there is no exemplar against which to measure success. Internal auditors are expected, according to the IIA Standards and some ...

Enterprisewide risk management systems have expanded greatly in recent years, primarily as a tool to help management and the board proactively deal with emerging risks. While the entity’s approach to ...

Audits are an essential, if tedious, part of a company’s risk management strategy. Before the advent of cloud computing, compliance and audit teams had manual procedures and checklists in place to ...

Audit engagement risk is something all auditors think about and incorporate into their decisions, but recent research suggests that they might not be thinking about it as broadly as they should. To ...

Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

The recent news headlines relatedto the subprime mortgage crisis,rogue traders and corporate fraudhave highlighted that, despite investmentin risk control self assessment andrisk management ...