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Myths have been an age-old thing and should be busted well in time to have necessary procedures and processes in place. Internal Audit deals with activities beyond the company’s finances, and that’s where it differs from an external audit. Internal Audit is meant to work for the organizational efficiency, organization’s reputation, impact on the environment,… Continue reading Myths That Shadow Awareness About Internal Audit

The most important assets of any company are human resources, as the future of the organization lies in their hands. But to ensure that its staff is satisfied, the organization must have a dedicated department of human resources or hire HR services that prove to be an expensive business much of the time. That is… Continue reading Outsourcing HR Services: The Future Of Human Resources

In response to Enron and other business misdeeds, when Congress enacted the Sarbanes-Oxley Act of 2002 (SOX Audit), obviously little consideration was given to its implications on start-ups and early-stage firms, their initial public offerings (IPO), and equity securities. IPOs were on the decline from 2000 to 2003, especially in the technology industry, due to… Continue reading The Unsettling Effect of SOX Audit: Myth or Reality?

The landscape of operational risk and financial services risk management, including financial risk management, is shifting rapidly. Each day’s news carries fresh indications that the future is on its way, and often it feels like there are new threats and reaction tactics around every corner. There are already evident the outlines of opportunities and potential… Continue reading Trends Disrupting The Future Of Financial Risk Management

The business environment has never been static, for dynamism has always been in its nature. Due to the evolving trends and environment, complexity for businesses has heightened. This is inviting new risks, which forces the reshaping of project risk management strategies. Traditionally, the devising of risk process management methods involved a basic mitigating risk process… Continue reading Emerging Trends In Project Risk Management For 2021

Ruling out of ‘personal touch’ from the advisory services will never prove a feasible and smart option. Quality interactions with the service providers still hold importance as they used to. Interactions are crucial for a better understanding of the existing circumstances and the evolving landscape. Machines and software are doubtlessly more efficient than humans but… Continue reading Despite Dramatic Shifts, ‘Personal Touch’ Dominates The Financial Advisory Services Space