Every few years, a game-changing event materializes that generates a significant impact on the internal audit profession. Take, for example, the U.S. Sarbanes-Oxley Act of 2002 and similar legislation around the world enacted more than a decade ago. Usually, we immediately recognize the importance of such an event, the risks it creates for our organization, and how it will impact our internal audit functions.
Revenue Recognition: "The Next Big Thing" Is Here. Are You Ready?
Every few years, a game-changing event materializes that generates a...
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