Wed, Jul 19, 2023


The following tools were published on KnowledgeLeader this week:

Close-the-Books Policy

The purpose of this policy is to establish procedures for providing timely information regarding a company’s reporting requirements. According to this policy, corporate accounting is responsible for publishing a closing calendar for each monthly accounting period.

IT Acquisition and Divestiture Policy

The purpose of this IT Acquisition and Divestiture Policy is to establish requirements for the integration of or separation from a company. The template must consider if mergers and acquisitions (M&A) activity requires that a new standard be introduced.

Employer and Employee Rights Policy

This sample policy outlines the statutory and contractual rights of employees in the workplace and discusses employment practices liability insurance (EPLI), employment-at-will, just cause and due process. All employees have basic rights in the workplace belonging to them by law, nature or tradition.

Employment of Related People Policy

This document can be used as a general guide to understand and review the employment of related persons policies and procedures. Organizations should continuously update and monitor the processes included in this document to ensure that it reflects business operations.

Fixed Assets Audit Work Program

This tool contains five work program samples that highlight detailed procedures to consider when facilitating a fixed assets audit. Sample procedures include obtaining and reviewing the results of the last fixed asset physical; preparing a workflow and/or narrative to document the fixed asset cycle, including an approval process, project overrun identifications.

Business Continuity Management Audit Work Program

This BCM work program includes two samples that will help you assess the effectiveness of your BCM program, identify weaknesses, and improve your ability to recover from disruptions. A review of this area includes looking for a governance program that helps ensure the maintenance and adequacy of the continuity planning process.

​Auditing the Enterprise Risk Management (ERM) Process Guide

In this tool, we’ve compiled a guide that includes a systematic, disciplined approach to measuring and enhancing the effectiveness of a company’s risk management, control and governance processes.


KnowledgeLeader has also published several publications this week.

What Role Should Compliance Play in ESG?

In this edition of Compliance Insights, we highlight emerging ESG topics and provide steps compliance officers should take to implement effective policies, procedures and risk assessments.

The Metaverse: The Dawn of a New Generation of Capabilities

In this article, we explore the potential of the metaverse and offer steps boards can take to focus on management’s capabilities for monitoring emerging technologies, evaluating potential threats and opportunities, and developing use cases to reality-test opportunities and identify risks.

Making the Most of the Metaverse Moment With Tech Futurist Cathy Hackl

Read this conversation between Metaverse Strategist Cathy Hackl and Protiviti’s Joe Kornik to learn how you can seize the “metaverse moment.

Recommended Resources 

This list of recommended resources from the web may be of interest to you. Click each link to learn more. 

  1. ​Cultivating Tech Talent: A CPA Firm Leader’s Elementary Approach
  2. What Is Embedded Assurance — and How Can It Benefit Enterprise Projects?
  3. ​​​Five Steps to Navigating a Sale-Leaseback Transaction