audit

Internal Audit vs. Internal Control: Differences and Importance

How do you structure governance functions in your organization? In today’s business environment, internal audit and internal control are often associated, yet each plays a distinct and essential role within an organization. Understanding the differences between these two concepts is crucial to ensuring effective corporate governance and robust risk management.

CSRD in Romania

As there are more and more conferences and discussions about sustainability these days, we consider it useful to bring to the attention of our clients some relevant information. CSRD in Romania In Romania, CSRD is transposed into national legislation through Order no. 85 of January 12, 2024, which amends and

Financial Audit, Statutory Audit and Internal Audit – obligations and benefits

According to Order no. 10/2019 of January 3, 2019, medium and large companies, as well as national companies/corporations, companies with full or majority state capital, and autonomous administrations are required to audit their financial statements. Companies that exceed the limits of at least two of the following criteria as of

Internal Audit vs. Internal Control: Differences and Importance

CSRD in Romania

Financial Audit, Statutory Audit and Internal Audit – obligations and benefits

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