Restricted vs Unrestricted Funds in Local Government: Governance, Risks and Controls For many NSW councils, financial sustainability is a real risk and not just something in
Beyond the risk registers, the quantitative risk analysis, decision support tools and compliance checklists, the true art of risk management lies within you – the
The new 2024 Global Internal Audit Standards by The Institute of Internal Auditors (IIA) introduce several significant updates designed to enhance the practice and relevance
Fraud, whether perpetrated internally or externally, can inflict severe financial losses, tarnish reputations, and undermine stakeholder trust. Moreover, the rise of sophisticated cyber threats and
Internal audit is designed to provide assurance to the CEO, the board (governing body) and stakeholders, that the organisation’s operations are being conducted in a
Modern Slavery is an abhorrent, poorly recognised, but not uncommon, practice effecting an estimated 40 million people globally. The global anti-slavery organisation, Walk Free, estimates
The South Australian Government (SA Gov) have been affected by a data breach of over 80,000 staff enrolled in their payroll system provided by Frontier
The third edition of the Australian Standard AS 8001:2021 – Fraud & Corruption Control was released in June 2021. This better practice Standard is arguably the
Internal Audit adds value by objectively evaluating and making recommendations in respect to the internal control environment. This is the traditional ‘third line’ view of
Many organisations appear to be struggling with policy management. Policy governance is not sexy, it takes skill, focus and discipline which is hard when there
