Innovation, Automation & Agility are the new normal and finding ways to anticipate the unexpected Risks & Opportunities adds great value to a Business. While our previous post in this exciting Audit Efficiency blog series talked about how the key element of Innovation derived from Music can be leveraged for gaining efficiency in Internal Audit,
From the previous post on Internal Audit landscape of 2018 & beyond, we infer that the only way to survive in the given Business scenario is to Change and to Innovate. Industry Leaders are anticipating major changes in Internal Audit Processes with the key features of Analytics and Automation Technologies. The enhanced Audit function is
Emerging Technologies are fueling Innovation across all Industry Verticals and are changing the way we do Business.Coupled with rapidly changing Geopolitical Landscape, Organizations globally are exposed to a Risk Universe and they need to make sure that the critical Processes and Controls stay relevant and effective.When we talk of Internal Audit for 2018 and beyond, the
As T.S Eliot rightly said “Last year’s words belong to last year’s language and next year’s words await another voice”, it’s now time to proactively restrategize your Governance processes for 2018. The Business models globally are getting digitized, and so Companies would need to undergo similar transformations in Risk, Regulatory Compliance and Governance processes. As
Frauds in big Corporate houses and Organizations have been making headlines since last decade and as you read this, world’s largest bank Wells Fargo has been charged $185 million fine for illegal sales practices that included opening of 2 million fake customer accounts. Following the allegations, the bank fired over 5,300 employees who engaged in
At Confident Governance, world’s number one Company specializing in Cloud Governance, we have a mission to Democratize Governance Worldwide and we strive ahead with this vision through successful Partnership with the robust Salesforce.com platform. There has been no looking back since the inception and our innovative Governance as a Service module has been utilized and appreciated by
A lot has been talked about Risk Management and effective ERM Strategies. While Companies worldwide, whether Public or Private, are customizing ERM processes to suit their requirements and achieve Business goals, there is an obvious void between achieving Project goals by aligning Risks in Non-profit Organizations. Risk Management is a rapidly developing discipline with varied views.
In most global discussions today, we frequently hear words like Emerging Technologies, Cross-generational workforce, Changing international economies and so on and so forth. If we ever had to summarize all of these topics in just one word , what would be that word ? Yes, it’s “Agility”. In this dynamically changing Business market Agility is no
In this concluding post of ConfidentNow blog series the top 5 ways Internal Audit will be transformed in next decade , we will discuss about the last but not the least element of Transparency in Internal Audit. At the 75th Anniversary of IIA , Confident Governance Chairman Bhavesh Bhagat is going to share his insights on the Emerging Trends in Internal Audit and how
In our series of the top 5 ways Internal Audit will be transformed in next decade , today we will discuss about a very vital aspect of Internal Audit, that’s Reporting. As GRC has evolved over last decade, Internal Audit too has witnessed some dynamic changes in it’s Processes and one of them is being equipped with Robust Reporting/Dashboarding tools. This
