This is from the "Accounting Makes Cents" podcast episode #71 released on Monday, 12 August 2024. In this episode, we explore responsibility accounting. I know this topic is a little bit dry, so we’ll spice it up a bit by using an analogy, think about how you’d manage to put together a music festival. And … Continue reading Responsibility Accounting Unplugged
Tag: Audits
The Role of Internal Audit – Why We Dread It but Need It
This is from the "Accounting Makes Cents" podcast episode #70 released on Monday, 29 July 2024. In this episode, we explore why internal audits are crucial for any company's success, how they help in managing risks, ensuring compliance, and improving overall efficiency. We also delve into the COSO framework, which provides a structured approach to … Continue reading The Role of Internal Audit – Why We Dread It but Need It