Audit & Governance Careers Advice - October 2022
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Posted on Thursday, October 27, 2022 by CareersinAudit.com — No comments
Insurance policies offer protection to individuals and businesses from the financial repercussions of unfortunate events such as fires, theft, car accidents and natural disasters. But, the insurance provider needs to calculate the premiums that they charge their customers carefully or else they face the risk of bankruptcy. Take flooding for example. If the premiums are set too low and catastrophe ...
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Posted on Thursday, October 27, 2022 by CareersinCyber.com — No comments
Published: 27 Oct 2022 By the time you finish reading this article, the cybersecurity landscape will have evolved. For example, the AV-TEST Institute registers 450,000 new pieces of malware every day – with one intention: to steal people’s data. If you work in the cybersecurity industry you can’t afford to stand still. This field is constantly expanding and becoming more sophisticated because of ...
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Posted on Friday, October 21, 2022 by CareersinAudit.com — No comments
Unlike External Auditors who are concerned with financial statements and balance sheets, Internal Audit Managers offer objective and unbiased advice to ensure risk management, governance and internal controls operate effectively. By focusing on issues such as regulatory compliance, the environment, growth, and employee wellbeing, they help to improve efficiency as well as safeguard corporate ...
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Posted on Friday, October 21, 2022 by CareersinAudit.com — No comments
You’d be forgiven for thinking that the name “Business Intelligence Analyst” pretty much describes the entirety of the role: i.e., using analytics to generate business intelligence and insights. Yet there are a multitude of diverse activities that sit behind this seemingly innocuous job title – and Business Intelligence Analysts (whom we’ll call BI Analysts from here on to save paper!) have ...
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Posted on Wednesday, October 19, 2022 by CareersinAudit.com — No comments
Is the main purpose of a business to make a profit? You would be forgiven for assuming so. But this short-sighted view overlooks the driving force behind these all-important financial gains: the consumer. Profit is a by-product of understanding the consumer and giving them what they want – and their requirements are evolving. Today’s ethically conscious society demands products and services that ...
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Posted on Wednesday, October 19, 2022 by the Careers In Group — No comments
With unemployment at a record low and high numbers of employers with urgent requirements to fill vacancies, businesses need to work harder and smarter to attract the right talent. We've analysed the labour market to the end of September, our own job board data and recurring themes highlighted by our clients and partners, to provide insight into the latest trends and how these are affecting the ...
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Posted on Thursday, October 13, 2022 by CareersinAudit.com — No comments
Well, that’s a tricky question. It’s certainly the case that no single profession is going suit everyone, but in our view there are four reasons why many should find the prospect of a career in Compliance an attractive one: 1. Intellectual stimulation. Compliance was once regarded as a box-ticking exercise driven by prescriptive regulation. As regulators move to more principles-based approaches, ...
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Posted on Thursday, October 13, 2022 by CareersinCyber.com — No comments
Published: 13 Oct 2022 Cybersecurity Awareness Month – held every October – is a joint initiative between government and industry that was born in the U.S. to raise awareness about digital security and empower everyone to protect their data from cybercrime. Each year a theme is chosen for the month – and the theme for 2022 is: “See Yourself In Cyber”, offering tips and advice on how to keep your ...
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Posted on Wednesday, October 12, 2022 by CareersinAudit.com — No comments
Data analytics involves interrogating information to find emerging patterns and trends. Uncovering hidden insight can help improve decision-making and drive meaningful change. Real world applications of data analysis include improving medical care, stopping hackers, enabling precision marketing, promoting smart energy usage, and helping the fight against climate change. If you are considering a ...
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Posted on Wednesday, October 5, 2022 by Carol McLachlan for CareersinAudit.com — No comments
Hopefully by now, readers of these pages have embraced the premise of the essential nature of soft skills. Gone are the days of auditing, finance and accounting being hard skills-driven, perpetuating the stereotype of the nerdy, possibly boring (more of this next month) left-brain dominated professional. Technical skills are still, of course, essential, but they are also a given. Beyond entry ...
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Posted on Tuesday, October 4, 2022 by CareersinAudit.com — No comments
Expectations of compliance professionals grow and expand as they move up in seniority. Meeting these requires developing a wider range of more nuanced soft skills. In the early part of your career you may have found that the soft skills you required were very similar to those needed by colleagues in non-compliance roles: good communication skills, the ability to work effectively in a team, strong ...
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Posted on Monday, October 3, 2022 by CareersinCyber.com — No comments
Published: 03 Oct 2022 As the millennium dawned, the rapid growth of the internet from a U.S. government project to an interconnected computer network that underpins society meant cybercriminals had more devices to exploit than ever before – and the techniques they used to execute cyberattacks were becoming increasingly sophisticated. By 2004, cybercrime was booming amid this ever-expanding ...