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New from the IIA: Global Internal Audit Standard to Replace the IPPF

LogisManager

New from the IIA: Global Internal Audit Standard to Replace the IPPF Last Updated: February 20, 2024 The International Professional Practices Framework (IPPF) serves as the cornerstone for authoritative guidance from The IIA, offering internal audit professionals worldwide both mandatory and recommended guidance.

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Audit Checklist for SOC 2

Reciprocity

If your company is a service organization and your customers trust you with their data, you may need to pass a SOC 2 (System and Organization Controls 2) audit. Compliance and certification are the goals of a SOC 2 audit. The SOC 2 compliance audit gives them that assurance. Develop a SOC 2 Audit Framework. What is SOC 2?

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The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

Solutions Review’s listing of the best governance, risk, and compliance software is an annual mashup of products that best represent current market conditions, according to the crowd. To make your search a little easier, we’ve profiled the best governance, risk, and compliance software all in one place. Fusion Risk Management.

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Breakthrough Award Winner: The Scottish Government ARE Directorate, Our G.O.A.T. Winner for EMEA

Pure Storage

Breakthrough Award Winner: The Scottish Government ARE Directorate, Our G.O.A.T. Winner for EMEA by Pure Storage Blog The Scottish Government Agriculture and Rural Economy (ARE) Directorate has undergone several transformations since its original founding after the Second World War. With Pure, it can meet its timelines—and more.

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An Ultimate Guide to Databricks Unity Catalog

Advancing Analytics

Unity Catalog is Databricks’ governance solution and serves as a unified system for managing data assets. It acts as a central storage repository for all metadata assets, accompanied by tools for governing data, access control, auditing, and lineage. This makes the feature extremely valuable and effective.

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How Banks Can Prepare for the FDIC’s Proposed Standards

LogisManager

In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. Internal Audit and Assurance: For the third line of defense, LogicManager can be used to facilitate internal audit processes.

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What is the Three Lines of Defense Approach to Risk Management?

LogisManager

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. Third Line of Defense The third line of defense is typically the internal audit function. The second line serves as a check on the first line’s risk management efforts.