By Manuel A. Gutierrez | CIA | CRMA | CBM | CFS Labor fraud represents one of the main threats to organizations, affecting both the private and public sectors. It is a multifaceted phenomenon, ranging from asset misappropriation to financial statement manipulation, making it a significant challenge to detect and mitigate. If not addressed properly,…
Category: Audit
Internal Auditors & Stakeholders: Keys to Ethical Leadership
Credit: pixels By Manuel A. Gutierrez, CIA, CRMA, CBM, CFSFreelance writer The fundamental role of the internal auditor lies in comprehensively evaluating the administrative and operational activities of an organization and conducting a thorough assessment of the risks associated with these activities. This involves identifying deficiencies in internal controls that may hinder the organization’s operations,…
“The audit function: does management really understand it?”
Credit: pixels By Manuel A. Gutierrez, CIA, CRMA, CBM, CFSFreelance writer Introduction Internal auditors play a crucial role in organizations by evaluating and improving control and governance processes. However, they often face challenges due to a lack of recognition and cooperation from management. This situation can compromise the effectiveness of their assessments and the implementation…
Empower Auditors: Proven Strategies for Benchmarking Success
Credit Photo by Edmond Dantes-pexels Discover how “Global Benchmarking” can be an essential strategic tool for internal auditors, enhancing organizational efficiency and competitiveness globally. Introduction In today’s competitive business landscape, organizations are constantly challenged to improve their management processes and operations. One of the most effective tools to achieve this is “Global Benchmarking,” a systematic…