This week’s resources are focused on assisting you in your fraud reduction and risk management efforts. Also, one of the best ways to improve performance is to increase accountability, your own and your staff’s.
Read on…
Have another great weekend
1. Five Steps to Achieving Your Goals
While January is a time for beginnings and goal setting, by the time February rolls around, reality sets in. You may be inundated with challenges you had no idea were coming your way. Some of your old habit-patterns have shown their ugly faces. While the vision of success in your head is clear, your results may be less than stellar. It is time to steer the ship back on course and not fall into the same traps that you experienced in previous years. It is time to step up to a new level of personal accountability. http://www.impaqcorp.com/newsletter-0206.htm
2. Fighting Fraud!
Leading fraud resources to support the prevention, detection, and deterrence of fraud.
http://www.auditnet.org/articles/DSIA200810.htm
3. Thought Leadership for Risk Managers
http://www3.sungard.com/SunGardFinancial/default.aspx?id=763
4. Using Nonfinancial Measures to Assess Fraud Risk (2008)
For several decades, the audit profession has attempted to find efficient and effective methods of improving auditors' fraud risk assessments so as to enhance audit quality, reduce auditor liability, and improve investor protection. This study examines whether internal and external auditors or other interested parties (e.g., directors, lenders, investors or regulators) can effectively use nonfinancial measures to assess the reasonableness of financial performance and help detect financial statement fraud (hereafter, fraud).
http://www.theiia.org/research/research-reports/chronological-listing-research-reports/downloadable-research-reports/index.cfm?i=7388
5. Getting Serious about Board-level Scrutiny
The November edition of Tone at the Top examines the need for audit committee self-assessment. Read “Getting Serious about Board-level Scrutiny”.
http://www.theiia.org/recent-iia-news/?i=5989
6. The Accountability Myth
As accountability is at the core of the work at IMPAQ, they often take the time to think about the word itself and current uses of its meaning. In this issue of their eNewsletter they have shared their recent thinking. http://www.impaqcorp.com/newsletter-0607.htm