The relationship between risk and compliance

Risk and compliance are two terms that businesses will see very often. Risk is a key part of operating a business and exists in every activity and decision an organisation makes. Compliance is the act of following laws, regulations, guidelines, policies and other necessary documents. 57% of senior employees rank risk and compliance as two categories they are less prepared to address.…

How to implement the COSO framework

COSO stands for the Committee of Sponsoring Organizations. It refers to the system that allows businesses to assess their internal controls in regard to their organisation’s processes. The framework was introduced in 1992 and due to the changing business environment, it was updated in 2013 to increase its relevance. It includes five components of internal controls, objectives and principles to…

Writing a Good Investigation Report

In any company, managers will likely be required to conduct an investigation into issues that appear in the workplace. These issues may be employee complaints relating to discrimination, sexual harassment, bullying, or legal matters such as policy violations and health threats. Key to any investigation that a company conducts is the investigation report. This document serves a…