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Audit Frequency
In one of the forums I subscribe to the question came up "How often should one carry out an internal audit?" There were variations on this to do with external audits as well. Lets suppose you...
View ArticleThe Classical Risk Equation
What we had drilled into us when I worked in Internal Audit and when I was preparing for the CISA exam was the following RISK is the PROBABILITY that a THREAT will exploit a VULNERABILITY to cause harm...
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