Introduction ESG risks are not new, neither is corporate governance. The term ESG was first coined in 2005 in a study titled “Who Cares Wins”. Did you know that since 2018, ESG investments are estimated at over $20 trillion in AUM or putting it in another way, they amount to almost a quarter of all
Introduction The year 2019 is ending and the year 2020 will begin soon. With the start of the new year and start of a new decade, it is imperative that the board leaders (independent chairs or lead directors) rethink their strategy on how to interact and operate with their businesses because they are the catalyst
Introduction Agile means responsive, fast and efficient. With all the technological innovations happening at a rapid pace and disrupting various industries, it becomes inevitable for the organizations to adapt to such changes and operating methodologies. Organizations are now using Agile methodology instead of the traditional waterfall method. Organizations are building quality systems that meet any
Introduction The auditing process helps ensure the accuracy and reliability of the gathered data and organize it in a systematic manner. Audits can be internal and external across various industries & sectors. With the introduction of Artificial Intelligence (AI) & Machine Learning (ML), the scenario has changed completely. AI has been a game-changer and disrupted
Introduction Gone are those days when Risk Assessment was carried out traditionally. With the advent of technology, the types of risk and the ways in which risk is mitigated have drastically changed. Organizations across industries have realized the importance of improving Risk assessment methods to improve the security of their business processes. Data is the
The introduction of technology is transforming businesses all across the globe, which is, therefore, creating an impact on auditing and accounting processes in measuring the performance of the organizations. Audit teams need to integrate technology with their auditing skills to remain effective and efficient in today’s business environment. The improvements in financial and audit technologies
In today’s business environment, with a huge amount of financial data being available with the auditors, days of traditional methods can’t serve the business needs. The auditors need to understand more about the client’s business needs. With Data Analytics, auditors can have a deeper understanding of the amount of data available and can highlight high-risk
All compliance practitioners understand the need for risk assessments and do you know if you perform a simple Desktop Risk Assessment annually or more frequently while identifying and evaluating possible mishaps and consequences with a full worldwide risk assessment you ought to be in a sensible position to stay au fait with compliance problems. “If
In today’s globally connected business environment businesses are using Cloud based applications to store their data. But have you ever given a thought how secured that data is? Recent past reveals that data breaches or cyber attacks have cost businesses millions of dollars. Today here in this blog, we will discuss What is Cloud Security?
California Consumer Privacy Act (CCPA), passed in June 2018 will affect majority of the businesses when comes into effect on January 1, 2020. The law dictates that the consumers of California have the right to access any or all the personal data being held by a company and can request the company to get it