How auditors assess and respond to risks of material misstatement in the financial statements, including the risk of fraud, is a critical component of audit quality. New research supported by the ...

What is our problem with compliance risk assessments? Why do we struggle with them and once they are done, why don’t we use them effectively? Among the many crucial elements of effective compliance ...

"Managing risk is one of the most, if not the most important, functions in an organization," says Tony Martin-Vegue, enterprise security management strategist for LendingClub, a peer-to-peer lending ...

Environmental contamination control is a crucial aspect of sterile pharmaceutical manufacturing, and risk management is needed to guarantee that the necessary control procedures are in place. The risk ...

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 ...

Once the risk team has been assembled, the crucial process of identifying risks must commence. The output of the risk ...

Conducting a comprehensive security assessment is imperative to ensure that all of a campus’ possible weak spots and entry points are addressed. By conducting a risk assessment, campus administrators ...

Annually, we perform a campus wide risk assessment, with the support of Internal Audit and the University’s Compliance Program. We embraces a holistic strategy for risk identification, utilizing a ...

The introduction of process safety system–specific malware into the manufacturing world in 2017 intensified the discussion around the convergence of safety and cybersecurity. If a cyberattack could ...

I don't know how many audits I have conducted over the last 20 years, but I know it is in the hundreds. One of the areas that I have found hardest to assess as an auditor is the hazard assessment ...