Category News

Leadership Forum and all presenters for the great company! It was a pleasure to join this event and share insights with fellow professionals. To summarize – here are my wishes for every Internal Auditor

The main output of an internal audit: a report. Internal audit reports are intended for top-level managers, independent board members, and committee members. Other interested parties may find information in the report’s appendices. Top-level managers, independent board members, and committee…

Cybersecurity risk remains a top priority, making it essential for supervisory boards, audit, and risk committees to engage with IT and cybersecurity leaders on governance, system resilience, regulatory compliance, and risk management. Key discussions should include compliance with the Cybersecurity Law…

Types of audits: financial statements audits, which can only be conducted by licensed external auditors listed by the Lithuanian Chamber of Auditors, and internal audits following Global Internal Audit Standards, which can be performed in-house or outsourced. Additionally, other assurance engagements…

Many topics were covered during the two-day Fintech Board member training, including regulatory expectations, legal duties, implications of non-compliance, practical board agenda, effective board structure, digital operational resilience, AML disputes, risk management, and board member responsibility for AML.  …

In addition to the topics discussed yesterday in person among experts below, the wisdom of AI, how audit committees, supervisory boards, board members can help internal auditors create more value in organizations:1. Reconciliation of strategic goals of the organization and…

Compliance on steroids with 2-7% fines from turnover:o  NIS2 from 2024o  DORA from 2025o  AI Act from 2025 and 2026o  Cyber Resilience Act from 2027·     AI: approx. 1/3 of the topics focused on AI. AI Act and GDPR: understand synergies and differences, leverage current status…