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 ...

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 ...

Risk management has become a top concern of audit committee members, according to a new report. A survey of 300 audit committee members by KPMG's Audit Committee Institute and the National Association ...

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 ...

Discover the audit cycle process, from identification to management review, and learn how it ensures accurate financial ...

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 ...

CobbleStone Software introduces a free contract process audit to help organizations identify inefficiencies and optimize contract management workflows. PRINCETON, N.J., Dec. 18, 2025 /PRNewswire/ -- ...

Companies engage in a range of audits, either auditing their suppliers, receiving audits from their customers, or inviting in auditing firms to undertake health checks of their businesses. Many audits ...

Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...

CobbleStone Software, a leader in contract lifecycle management (CLM) solutions, announces the launch of its free contract ...