Day: March 18, 2019

Three Lines of Defense Model

Should Internal Audit or Management Conduct Pre-Audits?

Internal audits are great at identifying problematic or even fraudulent transactions, whether in audits of payables to third parties, travel and expense audits, or other assessments. But when an internal audit uncovers improper transactions, it’s often too late. The funds have already been spent and reversing that process is never Read More