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
Tag: Risk management
TARA with a Chance of Rain
This should come as no surprise. All companies face risks. I think we'd be hard-pressed to find a business operation that has not encountered uncertainty in any of its activities. I think it's very natural to associate uncertainty as a bad thing. But the truth of the matter is, not all risks are bad. There are … Continue reading TARA with a Chance of Rain