Risk management

The Committee of Sponsoring Organizations of the Treadway Commission selected Lucia Wind, vice president of internal audit at the technology company Unisys, as its next board chair, succeeding Paul Sobel, for a three-year term starting Jan. 1, 2023.

Business executives are anticipating a number of risks in 2023.

CFOs can advise and lead the executive team in determining where to invest for the most benefit to the company.

Paying a firm's retirees; email, text and your clients; when the IRS says wrong; and other highlights from our favorite tax bloggers.

Over the last three decades, internal audit plans of financial institutions have shifted from a model focused on deep dives of sample selections to plans based on overall risk and controls.

The add-on aims to help manage downstream risks from third parties.

The Institute of Internal Auditors unveiled new research during its annual international conference in Chicago this week pointing to changes in the internal audit profession worldwide.

Even though more companies are implementing enterprise risk management processes, many of them are falling short, according to a new study from the American Institute of CPAs and North Carolina State University.

Companies are leaning more on risk management technology, with 72% planning on increasing their spending on technology to support the detection and management of risks.

Organizations will need to test more frequently for an increasing number of risks to internal controls, according to a recent poll by Deloitte.