Category Useful

Can AI improve Internal Auditing?

The internal audit landscape is undergoing a significant transformation. Internal audit teams, facing a surge in data volume and intricate business operations, are actively seeking innovative solutions to improve their effectiveness and efficiency. Artificial intelligence (AI) has emerged as a…

Understanding Financial Risks in Business

The Nature of Financial Risks Financial risks are inevitable in business and can lead to adverse impacts like reduced profitability, strained cash flow, and even business closure. These risks stem from diverse sources, both internal and exdternal, demanding a comprehensive…