The fundamental role of internal audit is to assist management to attain organization’s goals. It also provides assurance that the management has implemented a satisfactory internal control system for risk prevention. In accumulating, internal audit provide internal consulting services to the whole organization in terms of facilitation, advices, training and counsels. According to IIA “Internal auditing is […]
Explainable AI: Is It Even Possible? Technology Enablement: November 26, 2018 | Margaret Michaels The first time I did serious research around the concept of explainable AI I found it wasn’t so explainable. For example I found a Medium.com article by a computer science undergraduate at Cambridge entitled, “An Introduction to Explainable AI, and Why […]
A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) for the market. The concept comes through business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance. The idea of the value chain is based on the process […]
Study Your Way IMA has a variety of CSCA® resources to help you be your best on exam day. Customize your learning path according to your level of expertise. You can personalize your study plan with several options: online self-study courses and practice questions, recommended textbooks and articles, a resource guide, and more. When it comes […]
Proper alignment between the organization and IT means: Senior management and the board understand the potential and limitations of IT. IT senior management understands the objectives and corresponding needs of the organization. This understanding is applied and monitored throughout the organization via an appropriate governance and accountability structure. The main focus of IT governance is on creating alignment between organizational priorities and IT […]
Taking a strategic approach to implementing information technology (IT) governance: Taking a strategic approach to implementing information technology (IT) governance helps organizations address the speed of technological advancements, IT services proliferation, and the greater dependency on IT to meet organizational objectives. Effective IT governance contributes to control efficiency and effectiveness, and allows the organization’s investment in IT to realize both financial and […]
What is Data Governance? Data governance is a requirement in today’s fast-moving and highly competitive enterprise environment. Now that organizations have the opportunity to capture massive amounts of diverse internal and external data, they need a discipline to maximize their value, manage risks, and reduce cost. Data governance is a collection of processes, roles, policies, […]
How EPM can facilitate business planning and performance management: Enterprise Performance Management is basically a set of management processes, often supported by technology, that help to improve the strategic decisions people in organisations make every day. In the end it is the quality of those decisions that will separate successful companies from the rest. Performance […]
Data marts contain repositories of summarized data collected for analysis on a specific section or unit within an organization, for example, the sales department. A data warehouse is a large centralized repository of data that contains information from many sources within an organization. A Data Warehouse is a blend of technologies and components which allows the strategic use of data. A data mart is simple form of […]
