The aim of the risk assessment auditing standards was to improve the quality and effectiveness ... The auditor starts with the financial statements at the “top” of the diagram and works “down” to the ...

In a recent Hayes Management Consulting blog, Carrie Walters-Derksen and Susan Horahan explain why risk-based auditing may be the right choice for your organization. In a recent survey of Chief ...

As an approach to solve these issues, Bunzz, the smart contract development infrastructure, has researched and developed an AI-based audit service, "Bunzz Audit." In the open beta version in ...

Is the function still into the traditional, “police-type”, compliance-based audit? Or has it adopted a risk-based approach? As companies grow and evolve in today’s rapidly changing business ...

It is rarely easy or even possible to create a process diagram based on existing text. The opposite, however, is straightforward. Let us therefore look at the example of your third-party auditing SOP.

This course is designed to improve capacity of revenue administrations in the audit function, with a risk-based approach. In recent years, revenue administrations in most countries are seeking to ...

The software supports risk-based auditing by analyzing billing and coding patterns in healthcare organizations. CRA offers clients a comprehensive solution for assessing risk in both outpatient ...

PV Audit Strategy Planning course will provide an overview of the European Medicines Agency's (EMA) Guideline on good pharmacovigilance practices (GVP), Module IV requires that risk-based audits ...

The proposed alignment of NBFC norms with their size and importance will reduce systemic risks, RBI said.mint(MINT_PRINT) The Reserve Bank of India (RBI) on Wednesday issued guidelines on a risk ...

The Reserve Bank of India (RBI) on Wednesday unveiled the risk-based internal audit (RBIA) system for select non-bank lenders and urban co-operative banks, with a view to enhance the quality and ...

How Do We Move Towards A Risk-Based Approach? This approach requires performing periodic risk assessments (at least annual) of the auditable units and crafting an audit strategy that will ...