Members of BKD’s Enterprise Risk Solutions (ERS) team recently presented at Data Privacy Rx, a seminar for organizations looking to prepare for, defend against and respond to threats. The conference, headlined by keynote speaker U.S. Congressman Thomas Massie, took place…
U.S. shale gas production has grown rapidly in recent years and has significantly changed the landscape of the energy industry. As more opportunities emerge, new organizations are entering the energy sector at an unprecedented rate. This influx of new competition…
In previous posts, we covered five of the six key areas that should be considered for Quality Assessments (QA). You can read those blog posts by clicking the links below: Part 1: Audit Structure Part 2: Risk Assessment & Audit…
There are six key areas that should be considered during Quality Assessments (QA). Previous blog posts covered four of them—Audit Structure, Risk Assessment & Audit Planning, Staff Proficiency and Information Technology . The next is Completion of the Audit Plan &…
So far, this series has covered three of the six focus areas of a Quality Assessment (QA): Audit Structure, Risk Assessment & Audit Planning and Staff Proficiency. The fourth area is Information Technology: Is information technology (IT) risk coverage in…
The previous blog posts in the series covered the first two of six areas of focus for Quality Assessments: Internal Audit Structure and Risk Assessment and Audit Planning. The third area is staff proficiency—do the members of your internal audit…
The first blog post of this series discussed the structure of an internal audit (IA) department within an organization. Whether internal or external, Quality Assessment (QA) will focus on six areas, the second of which is Risk Assessment and Audit…
Internal audit (IA) can be a great benefit to an organization. In accordance with the Institute of Internal Auditors’ International Standards for the Professional Practice of Internal Auditing, “The Chief Audit Executive must develop and maintain a quality assurance and…
There have been an increasing number of articles and surveys about how corporate boards of directors should be more aware of threats posed by hackers—and board members are paying more attention to this issue. According to a recent article in…
Risk is inherent in everyday business activities, decisions and actions. As business leaders, it’s critical to monitor risks against established strategies. This is usually performed through an enterprise risk management (ERM ) program. ERM is often associated with public companies where…