by Adrienne Bellehumeur | May 30, 2023 | Uncategorized
A fish can’t survive if the water it’s living in is dirty. The same goes for your control environment. Your controls can only thrive in the right environment. Ten years ago, the approach to achieving that “right environment” shifted with the concept of Entity Level...
by Adrienne Bellehumeur | Mar 14, 2023 | Uncategorized
“Design” is the foundation of internal controls — from how you structure financial processes, controls, testing, and your program. But it is likely the most untapped and misunderstood aspect of your internal controls program too. Effective design is where your team’s...
by Adrienne Bellehumeur | Mar 14, 2023 | Uncategorized
Whether you call them policies, standards, or guidelines, rules are everywhere in our organizations. We have rules for how we hire, train, take time off, buy things, and do our work. We have rules for our employees, our vendors, our partners, and even our customers....
by Adrienne Bellehumeur | Mar 14, 2023 | Uncategorized
When technology works, it works fabulously well. At its best, technology can lead to true, measurable “transformation” of our processes and how we work. For example, at a recent presentation, I heard a project manager explain a system he implemented that changed the...
by Adrienne Bellehumeur | Nov 3, 2022 | Uncategorized
Is “Risk Avoidance” Really “Risk Management”? A quick google search gives you the definition of risk management as being about “mitigating” risk. This is how, in practice, risk management most often works in the corporate world. It is rare to see a Risk Manager say,...
by Adrienne Bellehumeur | Nov 3, 2022 | Uncategorized
In the world of Internal Controls or GRC (Governance, Risk, and Compliance), there is tons more value we can extract from documentation and processes, but too many people leave that value on the table. And that’s where the topic of minutes comes in. They are obviously...
