One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...

An audit is a formal check of financial accounts of an individual, business or organization. An internal audit is conducted by members of the same organization or business, and an external audit may ...

What is the purpose of the Enterprise Risk Management (ERM) Policy? The ERM Policy provides a structured, university-wide framework to identify, assess, mitigate, and monitor risks that could affect ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...

Annually, we perform a campus wide risk assessment, with the support of Internal Audit and the University’s Compliance Program. We embraces a holistic strategy for risk identification, utilizing a ...

With the federal government placing corporate fraud squarely in its legislative crosshairs over the past few years, a new term has emerged in the accounting community: enterprise risk management (ERM) ...

Many professionals, including regulators, internal auditors and others, share the misconception that risk management focuses on eliminating all risk, which is contrary to a credit union's ...

Each year, the Chief Audit Officer develops an audit plan for the University. Using a risk-based methodology, and in collaboration with University leadership, the Chief Audit Officer analyzes ...

Businesses can get a decent idea of how they are doing in operations by examining internal company data through reports and graphs. However, sometimes those close to the company don't review this data ...