Have you heard the phrase “risk is the new black”? It refers to the fact that what people thought was safe has now changed radically. As a result, organizations are now expected to provide investors, customers and regulators verifiable assurance that there are the necessary controls to manage risk, by ensuring segregation of duties, integrity of operations and auditability.
It is becoming increasingly common to hear auditors ask about:
Rounding a number sounds such like a minor issue, but in accounting terms it is serious.
The primary rationale of rounding in accounting is to provide a more accurate assessment of a company’s financial state. However, if the rounding is done incorrectly it can result in an inaccurate assessment and presentation of a company’s financial state.
So your ERP project is live, the champagne is gone and the cake is well and truly eaten. Now what? How do you keep your ERP healthy? Implement these top 5 tips for post ERP Go Live Success.