Tags » COSO

Enterprise Risk Management definition

The term of Enterprise Risk Management “ERM” is being discussed these days a lot. (Traditional) Risk Management by itself is not new. However it has been evolved. 333 more words

IT Management

Talkin' Shop With: Larry Stafford, Clark County Audit Services Manager

Join us as we talk shop with our neighbor to the North and former OAD performance auditor, Larry Stafford.

About Clark County’s Audit Services

Per county code, internal audit is an independent appraisal activity for the review of operations within the county. 1,350 more words


Excel Coso Heatmap

There are numerous (online) tools available for categorizing, summarizing and analyzing risks in organizations. In this article I will illustrate the power of Excel regarding plotting of risk in one comprehensive Heatmap. 493 more words


Risk Management: Cubes To Doughnuts

Let’s imagine that your private equity fund is considering a long term investment in an American energy company that ships millions of barrels of crude oil through Philippine waters each year. 531 more words


Beware of accounts deceivable

More than half of financial statement frauds involve sales and accounts receivable, according to the Committee of Sponsoring Organizations of the Treadway Commission. (COSO is a joint initiative of five private sector organizations that develops frameworks and guidance on enterprise risk management, internal control and fraud deterrence.) But why do fraudsters tend to target accounts receivable? 324 more words

Atchley And Associates

Efficiency Throughout the SOX Process

In a number of blog posts, we’ve highlighted the ways that policyIQ can be used throughout the entire SOX process – from risk assessments through issue remediation.  421 more words


Internal Audit at a Tipping Point and Ten-Year Trends

May is International Internal Audit Awareness Month. We are celebrating with a series of blog posts focused on internal audit topics and the daily challenges and future of the internal audit profession. 659 more words
Internal Audit