Tags » COSO

Fraud: Is Your Nonprofit Ripe for the Picking?

Fraud has always been a concern for nonprofit organizations, and it’s not going away. A recent Association of Certified Fraud Examiners report shows the median loss is more than $100,000.

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Corporate reputation, risk management and governance: the series

From the Volkov Law Group (http://www.volkovlaw.com), a three-part series on reputation damage. In this series, Mr Michael Volkov ponders about the meaning of reputational damage; he later on explains how to face the possible threats a company may face; and at the end he endorses the need for the company’s management to address these dangers through the creation of a senior post for risk-related issues. 58 more words


Logic Manager Incident Tracking

Logic Manager also has the capability of managing incidents,  I assume these incidents can be related to risks and opportunities that have been identified. This allows the company to have an incident management system and risk management tool in a single solution, keeping maintenance costs down and ensuring that incidents don’t go unattended.

Risk Managament Software

When to audit business locations

One of the readers of my work sent me this message.

I was reading your article about modern risk based audit  published in the IIA journal.

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What control framework model can be used to assess an organization's control processes?

In order to determine the completeness of the overall processes a control framework model can be a strong reference to commonly known best practices. The COSO (Committee of Sponsoring Organizations) and CoCo (Canadian Criteria of Control Board) are widespread and serve many large organizations as a guide to implement and maintain a robust control framework.


Are you ready for the new technology that will change our world, again?

It’s not that long since we were dismissing the Internet of Things as something very much ‘next generation’. But, as you will see from Deloitte’s collection of articles ( 461 more words


Tate's Excellent Audit Committee Guide - Completed Initial Edition - 115 Pages Plus Additional Links

Click on the link at the bottom of this post for a pdf of the completed initial edition of Tate’s Excellent Audit Committee Guide 08042015. The guide is for boards and audit committees of public companies, private companies, nonprofits, and governmental entities. 69 more words