Skip to content
Govarix Website Logo 2025 Transparent BG
  • Home
  • Blogs
  • Topics
  • Home
  • Blogs
  • Topics
Understanding business processes in procurement to pay cycle

The “Procurement to Pay” (P2P) Process in an Organization: An Ideal Scenario

February 27, 2025

The Procurement to Pay (P2P) process is essential for organizations to acquire goods and services efficiently while maintaining compliance and minimizing risks. This guide covers each sub-process, including requisitioning, supplier selection, invoice processing, and payment execution. Explore key controls, risks, required documentation, and how P2P differs across industries.

Explore More »
[IFRS 15] Contract Assets & Liabilities A Decision Tree Approach

Contract Assets and Contract Liabilities – Decision Tree Concept as per IFRS 15: A Guide for Internal Auditors

February 26, 2025

Understanding contract assets and contract liabilities is crucial for IFRS 15 compliance. This comprehensive guide explains their differences, provides a decision tree approach for classification, and includes practical examples to ensure accurate revenue recognition.

Explore More »
Contract Modifications and Revenue Recognition IFRS 15 Audit Strategies for Internal Auditors

Contract Modifications and Revenue Recognition: IFRS 15 Audit Strategies for Internal Auditors

February 26, 2025

For internal auditors on IFRS 15 wherein contract modifications are happening, it is essential to consider checks and internal control review to handle revenue adjustments, price changes, and bundled contracts.

Explore More »
Auditing E-Commerce Revenue Streams Under IFRS 15 A Practical Guide for Internal Auditors

Auditing E-Commerce Revenue Streams Under IFRS 15: A Practical Guide for Internal Auditors

February 24, 2025

E-commerce revenue audits require specialized knowledge of IFRS 15. This guide provides practical strategies for internal auditors to ensure compliance and detect revenue risks.

Explore More »
Cognitive GRC - How AI is enhancing Governance, Risk and Compliance Strategies

The Cognitive GRC Revolution: How AI is Enhancing Governance, Risk, and Compliance Strategies

February 24, 2025

AI is reshaping Governance, Risk, and Compliance (GRC) by automating compliance tracking, risk prediction, and governance decision-making. Explore real-world applications, future trends, and ethical considerations of AI in GRC.

Explore More »
Building Resilience in Internal Audit - Changing Business Landscape blogpost

Building Resilience in Internal Audit: Key Strategies for a Changing Business Landscape

February 20, 2025

Resilient internal audit functions enhance risk management, cybersecurity, and compliance in a dynamic business environment. Explore key strategies, real-world examples, and challenges in strengthening internal audit resilience.

Explore More »
Embracing Future of AI Driven Auditing and Risk Management with Internal Audit 4.0 - Blogpost by Govarix

The Future of Internal Audit: Embracing Innovation with Internal Audit 4.0

February 19, 2025

Internal Audit 4.0 marks a shift towards AI-driven, automated, and data-powered auditing. Explore its evolution, key technologies like AI and blockchain, real-world applications, and challenges in implementation.

Explore More »
Embracing Artificial Intelligence in Governance, Risk and Compliance - Blogpost

Embracing AI in GRC: Why Businesses Must Adapt to the AI-Powered Compliance Landscape

February 19, 2025

AI is reshaping Governance, Risk, and Compliance (GRC), offering smarter compliance tracking, risk prediction, and governance automation. This blog explores AI-powered compliance tools, real-world examples, and the future of AI-driven risk management.

Explore More »
Role of Generative AI in Cyber Security and Risk Management - Blogpost - Feature Image

The Role of Generative AI in Strengthening Cybersecurity and Risk Management

February 13, 2025

Generative AI is redefining cybersecurity by enabling proactive threat detection, automated incident response, and risk management. From financial institutions to healthcare and retail, AI-driven security solutions help organizations safeguard data and comply with regulations. Explore how AI-powered cybersecurity is shaping the future of digital defense.

Explore More »
« Previous Page1 Page2 Page3 Page4 Next »
Govarix Website Logo 2025 Transparent BG

A one-stop portal for Governance, Risk and Compliance (GRC) resources for professionals. We bring in our valued experiences into blogposts and articles to support the profession of Internal Auditing, Risk Management, GRC and Management Consulting.

Medium

© All Rights Reserved.