The UK Financial Conduct Authority (FCA) has published findings from a multi-firm review of business-wide risk assessments (BWRA) and customer risk assessments (CRA) as part of its financial crime ...

As part of its wider financial crime supervisory work in support of its 2025–30 strategy, the FCA has published the findings from its multi-firm review of firms' business-wide risk assessment (BWRA) ...

Risk assessment is fundamental to audit quality. The AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and ...

Cyberattacks and data breaches are no longer merely an IT problem. They have the potential to cause business disruption, financial damage and reputational harm. Data theft can introduce a raft of ...

Many leaders of organizations treat internal controls as a tedious task that sits at the bottom of their to-do list, and, because just about no one ever gets to the bottom of their to-do list, often ...