TeamMate Audit and GRC Articles

AI is advancing rapidly. Learn how AI governance auditing helps internal audit assess controls and deliver assurance.

As cybersecurity threats grow more sophisticated, driven by geopolitical tensions and technologies like AI, organizations face mounting pressure to stay ahead. In this environment, the importance of internal audit has never been greater.

An effective internal quality assessment will enable your internal audit function to align its strategies with organizational goals and successfully communicate those results to leadership.

In this article, we’ll explore how internal audit teams can use a performance measurement framework to align metrics with strategy, demonstrate value, and drive continuous improvement.

As AI threats continue to evolve, internal auditors and risk professionals must ensure that their internal control frameworks are adaptable and robust enough to strengthen their ability to assess an organization’s preparedness and compliance posture.

Improve sustainability oversight with expert ESG auditing guidance and an actionable ESG audit checklist.

Fintech is transforming internal audit—bringing both risk and opportunity. Auditors must grasp emerging tech to stay ahead in a rapidly evolving financial world.

A practical guide to internal controls best practices, covering the selection of frameworks, building RCMs, and utilizing checklists for effective internal controls.

Learn how audit specialists and generalists each add value—and how to strike the right balance.

Learn how a small audit teams can thrive with the right tools, structure, and strategy. Read the article for proven best practices and tips.

Generative AI introduces new strategic, operational, compliance, and reputational risks. Learn how Enterprise Risk Management (ERM) teams can assess, mitigate, and govern AI risks in a fast-evolving environment.

Learn how the 2nd and 3rd lines can collaborate effectively within the three lines model to strengthen assurance and reduce duplication.

In this article we’ll unpack the latest fraud trends, share practical tips for detection and prevention, and show how a proactive audit team can turn the tide on even the craftiest digital fraudster.

As businesses have developed over time, new ethical challenges continue to materialize. Professional codes of ethics and corporate social responsibility have also emerged as fundamental principles of business.

Discover how internal controls prevent fraud, protect organizations from costly fraud risks, and foster a culture of ethical behavior.

Explore how bias, behavior, and AI impact internal audit decision-making—and learn strategies to stay objective in a complex world.

Discover how internal audit plays a strategic role in operational risk management with risk frameworks, risk assessment, and control evaluation.

Discover how AI-powered risk assessment supplements internal audit by transforming traditional auditing approaches.

One of the key processes that bolsters the trustworthiness and effectiveness of the internal audit function is the external quality assessment (EQA).

Learn about scope 3 emissions requirements, the role of internal audit, practical checks, and staying up-to-date with emission reporting requirements.

Enhance your cybersecurity operations with agile audit methodology. Learn how to adapt and respond to emerging threats.

Understand internal control weaknesses with real-world examples and prevention solutions. Identify deficiencies, distinguish SOX control exceptions, and implement strategies to strengthen internal controls for compliance and operational efficiency.

Utilize AI in your projects to improve value stream management. Find out how this process revolutionizes organizational continuous flow efficiency.

Emerging technologies are advancing at an unprecedented pace, offering transformative possibilities while exposing organizations to new risks.

In this article, we explore AI fraud detection through the lens of internal audit leaders, highlighting its impact on governance, risk management, and compliance.

Discover how to audit internal control over financial reporting (ICFR) effectively. Learn about ICFR, its connection to SOX, and the role of internal audit in ensuring compliance and financial integrity.

A robust Risk and Controls Matrix (RCM) is essential for effective risk management. This article offers a strategic roadmap to enhance RCM maturity, guiding organizations to navigate challenges and optimize their risk management framework.

Elevate your risk and control self-assessment approach with impactful, value-driven insights. Dive into the article for detailed strategies that can transform your assessments.

Data analytics can provide several benefits to your internal audit function, both in terms of optimizing your audit methodology and improving audit results.

Data analytics remains key in internal audit. Read on to learn about a useful framework to weigh the costs and benefits of leveraging analytics in the planning and fieldwork stages of an audit.

In this article, we will revisit the basics of IT risk management, as well as identify best practices with an IT risk management framework.

This article explores the key elements of marketing compliance, risks to watch for, new technology, and best practices for internal auditors.

Gain valuable insights on adopting a proactive risk management approach in our comprehensive guide for internal auditors.

This article will explore what ESG means for banks, including key risks and opportunities in the sector, and how internal audit can play a role in providing assurance and support to the business.

Learn about new risk areas related to bank runs. Read our comprehensive guide now to stay ahead of cyber threats and liquidity challenges.

Find out more about the benefits of AI-driven IT security and how internal audit can safeguard against potential AI-risks.

Discover how CAEs can leverage key risk indicators (KRIs) for proactive risk management, improving audit practices, and aligning with strategic goals.

This article explores the crucial role of internal audit in supporting global sports events risk management and ensuring the success of these events.

Domain I and Domain IV expand on the purpose of the internal audit function and provide insight into how to best manage the internal audit function.

Delve into the advantages of using a risk assessment matrix in internal audit, from enhanced risk prioritization to efficient resource allocation and informed decision-making.

Learn about the 17 Sustainable Development Goals (SDGs) and find out how internal audit can support implementation and provide SDG assurance.

Explore the traditional role of internal audit in SOX compliance and the rationale for distributing SOX activities across the three lines.

This article explores key aspects of auditing compliance in financial services, offering insights and best practices for internal auditors.

Digital Operational Resilience Act (DORA) provides a strong security pillar that enables organizations to survive digital disruption.

This guide explores the role of internal auditors in regulatory compliance, detailing key elements, risks, and strategies for effective compliance management.

Discover the pervasive threat of fraud and learn effective strategies for fraud risk management, including the role of technology and continuous monitoring in mitigating risks.

Internal audit can take a broader approach to supporting and providing assurance over ESG reporting to meet the needs of both the business and stakeholders.

In this article, you'll learn about the importance of ethics in Domain II and the detailed principles of performing internal audit services in Domain V.

The risk management principles in ISO 31000 and the COSO ERM Framework provide valuable guidance for organizations facing evolving and emerging risks.

SOC 2 compliance ensures service providers securely manage customer data by adhering to five Trust Services Criteria, vital for data protection and regulatory compliance.

Learn best practices for conducting an IT change management audit. Read on to ensure your organization's technology remains reliable and secure.

Learn about ESG, sustainability reporting, and key steps for auditing Double Materiality Assessments (DMA). Read our article for valuable insights and takeaways.

This article addresses business continuity, its significance in the financial sector, and the essential components of robust business continuity management (BCM).

The European Union's AI Act is a landmark regulation that seeks to define rules for the development and use of AI systems.

This article is the first in a two part series discussing how internal audit can support and provide assurance on ESG data management and reporting.

Domain III now includes principles, standards, and essential conditions that establish a foundation for an effective Internal Audit Function.

While BaaS offers significant opportunities for innovation and growth, it also presents a range of risks that internal auditors must understand.

Performing a meaningful ethics audit highlights areas of concern within an organization’s culture.

Learn how to impress the audit committee with presentations that dazzle. This article includes a downloadable PowerPoint presentation to help you get started.

Using artificial intelligence in auditing improves performance across the audit lifecycle.

This overview reviews key changes to the global internal audit standards. Learn about key updates to meet new requirements.

The COSO Framework is the gold standard for internal control guidance. This guide will provide valuable insights for maturing the control environment.

In the next article in this series, we explore the final aspect of our framework – successfully identifying and developing talent at all levels of your function.

In the third article in this series we examine how to effectively lead auditors. Find out more about performance management, servant leadership, and active management.

Every organization's internal audit department requires a well-planned and structured strategy. The following guide is designed to walk you through each step.

In this article, we will review information risk measurements and share best practices for working with inherent and residual risk scores.

Learn about the importance of independence in the reward decision, the employee value proposition, and best practices to retain your audit team.

Operational auditing can have an immediate positive impact on your organization and the audit team’s reputation. Learn about the benefits of auditing operational risks.

Attract, reward, manage, and develop top talent with these internal auditor management strategies. Read on to learn how to attract and staff audit talent.

Integrated assurance is a proven method for closing gaps and eliminating redundant efforts in an organizations governance, risk, and control activities. Read on to learn about the three action items you can take to get started.

ESG reporting is a significant concern for organizations, and ESG data analytics is the solution for efficiently collecting and analyzing the vast amount of information needed.

In the model of Corporate Social Responsibility (CSR), the triad of Environmental, Social, and Governance (ESG) factors has surged to prominence and internal auditors emerge as pivotal characters.

Combined assurance, led by internal audit, can provide several benefits such as minimizing overlap among assurance groups and improving risk management.