The Audit Exchange
The Audit Exchange is a business advisory service provider dedicated to helping public, private and non-profit institutions manage their enterprise risk, internal auditing and control, and other governance challenges in a highly practical and economic manner.
Through four broad service lines, we constructively critique the use of systems and processes to ensure the most efficient and cost effective use of controls that mitigate risks.
- Enterprise Risk Management
- Internal Audit Services
- Sarbanes-Oxley Compliance
- SOC 1 & SOC 2 Audit Readiness
Why The Audit Exchange?
We are committed to providing better internal auditing and business advisory services to our clients. Our clients have engaged us because of our practicality, candor, and level of trust created over years of service…in some cases, over 12 years. Our clients have recognized that we are not trying to “sell” the next project, nor overstate the level of effort required to confront a challenge or fix a problem. Rather, they have recognized we help ensure their enterprise risks, internal controls, and other compliance requirements are evaluated and monitored in a dependable and insightful way. The Audit Exchange offers practical solutions – not impractical recommendations.
Preserving Enterprise Value: From Risk Management to Attestation
In the April 2017 edition of The Financial Management Network’s continuing professional education series, John McLaughlin discusses the latest thinking with Enterprise Risk Management (ERM) including the balance between value creation and value preservation, the importance of culture in successfully managing risk, whether the role of the Chief Risk Officer is necessary for an ERM program, and other particulars contained in COSO’s recent revisions to their ERM Framework. John also shares a number of practical examples on how organizations can establish, communicate and monitor the boundaries of Risk Appetite, as well well as his thoughts as to why certain organizations stumble despite active risk management programs.