The expanding use of digital and cloud-based services alongside outsourcing trends makes Third-Party Risk Management (TPRM) ...

More than a year has passed since the Philippines became part of the OECD BEPS Inclusive Framework. While the tax authorities here had issued several transfer pricing regulations prior to this, at ...

PRESIDENT Ferdinand Marcos Jr. recently expressed his frustration over the government's sluggish pace in implementing ...

Audit readiness begins well before the audit period ends. Or so it should. But now it is January and maybe the auditors have ...

In compliance, AI matters—but accurate data matters more. To ensure AML compliance that is in line with the Financial Action ...

The prolonged audit period may introduce financial uncertainty that lenders and investors consider a significant risk. He explained that this could hinder the ability of small businesses to secure ...

Operational silos and manual processes prevent internal audit and governance, risk, and compliance functions from navigating these challenges effectively. A recent joint survey of over 230 German ...

AI is transforming enterprise landscape, organizations report a 17% jump in cyber breaches over the past year. Security teams ...

Disclosure is a type of extra explanation. You are required to disclose enough detail to tell the IRS what you are doing. But ...

Definition: Risk assessment, also called underwriting, is the methodology used by insurers for evaluating and assessing the risks associated with an insurance policy. The same helps in calculation of ...