Posts about Audit and Compliance

How Internal Audit Can Help with Your Firm's Cybersecurity

Posted by Janis Mae Narvas

Jul 24, 2018 10:00:00 AM

In 2017, various companies from different industries across the globe had been attacked by the ransomware called WannaCry. With an estimated 200,000 computers infected in more than 150 countries, many firms around the world discovered that cybersecurity is as much of a business risk as it is a security one.

Audit Management Tips: Increasing Your Team's Productivity

Posted by Cedric Joshua Martinez

Jul 23, 2018 10:00:00 AM

The audit season is just around the corner. In time, your people will all be occupied with their own tasks. As always, the season stretches everyone’s capabilities, which might result in productivity burns and decreased efficiency. The audit management has the responsibility to keep their people at the top of their game especially in crucial situations. Here are helpful advice in increasing your audit productivity .

What Now? Steps CFOs Should Take After the GDPR Implementation

Posted by Cedric Joshua Martinez

Jul 17, 2018 10:13:35 AM

The General Data Protection Regulation (GDPR) of the European Union has set the newest standard in data management and privacy rights not just in Europe, but everywhere else in the world. Companies have now made their moves to comply with the EU’s directive and avoid the hefty fines. As the buzz with the GDPR dies down, it is important to think of the next steps that finance professionals and their teams should take as authorities continue to enhance financial services cyber security measures.

The Three Must-Have Soft Skills for Internal Auditors

Posted by Cedric Joshua Martinez

Jul 11, 2018 10:00:00 AM

  Whether you are a seasoned auditor or just starting in the profession, learning new skills is important to anyone who wants to take their career up the ladder. However, the evolving industry requires more than just the traditional skills expected from internal auditors. Soft skills are now becoming more relevant to the work of auditors.

Three Common Audit Mistakes You Need to Avoid

Posted by Cedric Joshua Martinez

Jun 30, 2018 10:00:00 AM

Audit is a crucial part in the attempt of any organization to improve its processes, eliminate risks, get rid of unnecessary costs, and optimize products and/or service lines. However, conducting an internal audit is not as easy as it seems. Audit professionals must have sufficient understanding of the organization’s structure, the goals that they want to achieve, and the different processes that form part of the organization’s day-to-day processes .

Audit Trends Shaping the Industry this 2018

Posted by Cedric Joshua Martinez

Jun 28, 2018 10:00:00 AM

Technology never fails to change the way we do things. It has transformed how we think, how we interact, and how we do business. No one can deny that technology has made a remarkable impact in the finance and accounting industry. Accounting and finance professionals can now perform tasks faster and with greater precision. With these developments in the industry, auditors have also utilized the latest technological advancements to improve their service offerings. 

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