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Collection of Good Reads

Articles and blogposts on Internal Auditing, Accounting, Governance, Risk and Compliance for professionals working in the similar field or students/ scholars desiring to start their career or enhance knowledge.

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

The Role of Generative AI in Strengthening Cybersecurity and Risk Management

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.

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February 13, 2025

The Evolving Role of Internal Auditors: From Compliance to Value Creation

By transforming into a value-driven, tech-savvy, and risk-focused function, internal auditors are shaping the future of corporate governance and strategic decision-making.

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February 13, 2025
Harnessing Technology in Internal Audit - Blogpost Feature Image

Harnessing Disruptive Technologies in Internal Audit: AI, Automation, and Beyond

By integrating disruptive technologies into internal audit, organizations can drive efficiency, improve risk detection, and enhance strategic decision-making, ensuring long-term success in an increasingly digital world.

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February 13, 2025
Enterprise Trust and Internal Audit Strengthening Governance in a Digital Age

Enterprise Trust and Internal Audit: Strengthening Governance in a Digital Age

Enterprise trust is essential for long-term business success. This article explores how internal audit strengthens governance, ensures compliance, and enhances transparency using AI, cybersecurity frameworks, and ethical business practices. Stay ahead with modern risk management strategies!

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February 12, 2025
Fraud tree explained with examples and types

Understanding the Fraud Tree: A Comprehensive Guide to Occupational Fraud

Fraud is a growing concern for businesses worldwide. The Fraud Tree, developed by ACFE, classifies fraud into three main categories: Asset Misappropriation, Corruption, and Financial Statement Fraud. This in-depth guide explains each type, shares real-world case studies, and provides actionable fraud prevention strategies.

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February 6, 2025
Risk Appetite vs. Risk Tolerance

Risk Appetite vs. Risk Tolerance: Key Differences & How Businesses Can Manage Risks Effectively

Risk Appetite and Risk Tolerance are critical for effective risk management and strategic decision-making. This guide explains their key differences, real-world examples, and a step-by-step approach to developing a Risk Appetite & Tolerance Framework to enhance business resilience and financial stability. 🚀

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February 6, 2025
5 Essential Tests for a Robust Risk Appetite Framework

5 Essential Tests for a Robust Risk Appetite Framework

A well-structured Risk Appetite Framework (RAF) is vital for managing uncertainties and strategic risks. This guide explores five essential tests to evaluate and refine RAF effectiveness—ensuring clarity, adaptability, measurability, and integration in decision-making. 🚀

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February 6, 2025
The Five Dimensions of Controls in a Business Organization

The Five Dimensions of Controls in a Business Organization

Effective business controls are crucial for operational efficiency, risk mitigation, and regulatory compliance. This guide explores five key control dimensions—Strategic, Operational, Financial, Compliance, and IT & Cybersecurity—providing real-world examples and best practices to help organizations strengthen their control frameworks for sustainable growth. 🚀

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February 6, 2025
Fraud Risk Assessment and Continuous monitoring Guide

Fraud Risk Assessment and Continuous Monitoring: A Step-by-Step Guide

Fraud is a growing concern, with businesses losing an estimated 5% of their revenue annually. Implementing a Fraud Risk Assessment (FRA) and a Continuous Monitoring Program (CMP) can help organizations identify vulnerabilities, detect fraud early, and strengthen internal controls. This article explores key strategies, real-world case studies, and advanced fraud detection technologies like AI and predictive analytics to safeguard businesses from financial and reputational harm.

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February 6, 2025
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