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Setting a Strategic Course
By Yves L. Doz and Keeley Wilson
What to know to avoid strategy surprises and contribute to value creation.
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Digital Transformation
How Tech-Enhanced Control Testing Improves Risk Management
07/08/2024
Artificial Intelligence
Directorship Magazine
Risk Management
Advances in technology have enabled transformative capabilities in internal control that can lead to better risk management and new strategic insights. The improvement of these technologies has paved the way for increased use of control test automation, or CTA, which can reduce manual labor while creating the ability to test controls over full populations of data, rather than just samples. The speed and reliability of these tools create opportunities for continuous monitoring of controls...
“Grant Thornton” refers to the brand name under which the Grant Thornton member firms provide services to their clients and/or refers to one or more member firms, as the context requires.
Grant Thornton LLP and Grant Thornton Advisors LLC (and their respective subsidiary entities) practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Grant Thornton LLP is a licensed independent CPA firm that provides attest services to its clients, and Grant Thornton Advisors LLC and its subsidiary entities provide tax and business consulting services to their clients. Grant Thornton Advisors LLC and its subsidiary entities are not licensed CPA firms.
Grant Thornton International Limited (GTIL) and the member firms, including Grant Thornton LLP and Grant Thornton Advisors LLC, are not a worldwide partnership. GTIL and each member firm are separate legal entities. Services are delivered by the member firms, GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.
Grant Thornton is a NACD partner, providing directors with critical and timely information, and perspectives. Grant Thornton is a financial supporter of the NACD.
Maria Manasses is a partner and deputy chief auditor at Grant Thornton LLP.
Ethan Rojhani is a principal with Grant Thornton Advisors LLC.
This article is from the Summer 2024 issue of Directorship.
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