The Ensuring Integrity: The 13th Annual Audit Conference took place in December of 2018. The conference is attended by experts, innovators, leaders, students, and businesses. These stakeholders discuss the challenges being faced by auditors, the opportunities that are present for improving audits, as well as exciting new developments in the industry. The keynote speech […]
Internal audits are a very common occurrence in businesses. Operational audits, however, are rarer. These audits can deliver wider-ranging benefits compared to internal audits, but take more effort to carry out, which is a major reason why businesses do not do operational audits more often.
What are operational audits?
Operational audits are audits that focus […]
Internal audits are a necessary part of doing business in the financial sector. Businesses need to perform these audits if they want to ensure that they are performing at their best and there aren’t any risks they may have overlooked. Businesses are also required to perform these audits by regulatory bodies. The only problem […]
Demystifying the uses and practicalities of GRC.
GRC is an umbrella term covering technologies and models of all types and sizes. We are aware of the big picture improvements that GRC can bring to an organization’s compliance management framework. The practical side of it – the tools that are employed and the direct benefits they […]
The importance of audits in the financial world cannot be understated. In many industries audit procedures are carried out only when something goes wrong. Finance is not one of those industries. The accuracy of information is of paramount importance to each and every player in the market. Making even the slightest mistakes can have […]
Audits continue to be one of the most important tools that financial organizations have for compliance, enterprise risk management, ethics, safety, and much more. Audits are done not just to show regulatory bodies that the bank is performing ethically – they are also necessary to ensure that the organization is moving in the right […]