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The Relationship Between Internal Controls and Internal Audits

Reciprocity

Risk assessments provide a basis for risk management and mitigation. It’s essential to perform these assessments regularly to assure that the proper controls are in place to mitigate and manage existing and evolving risks. Internal audits play a vital role in a company’s corporate governance ecosystem.

Audit 52
article thumbnail

The Relationship Between Internal Controls and Internal Audits

Reciprocity

Risk assessments provide a basis for risk management and mitigation. It’s essential to perform these assessments regularly to assure that the proper controls are in place to mitigate and manage existing and evolving risks. Internal audits play a vital role in a company’s corporate governance ecosystem.

Audit 52