How can internal audits help in identifying and mitigating risks associated with financial reporting and compliance with regulations?
What are the key differences between an internal audit and an external audit, and how do they complement each other in maintaining organizational governance and accountability?
What are the key components of a company's financial statements, and how do they provide insight into the financial health of the business?
How does the cash flow statement differ from the income statement, and why is it important to analyze both when assessing a company's financial performance?
What role do notes and disclosures in financial statements play, and how can they impact an investor’s understanding of the company’s financial position and risks?
**Cultural Influence**?
**What are the key components and frameworks involved in non-financial reporting, and how do they help organizations communicate their sustainability and ethical practices?
2. **How does non-financial reporting, such as the Global Reporting Initiative (GRI) or integrated reporting, impact an organization's reputation and stakeholder relationships?
3. **What challenges do companies face in the accurate measurement and reporting of non-financial metrics, such as environmental impact, social responsibility, and corporate governance?
**Identification and Assessment**?