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In this month's newsletter:

Latest BarnOwl Insight

The American Wild West of the 19th century is often romanticized as a land of cowboys, outlaws, and uncharted territories. Beneath the dramatic backdrop of dusty plains and rugged mountains, however, lay a lesser known but equally important story: the birth of banking in a region that embodied risk, opportunity, and innovation.

 

The emergence of financial institutions in the Wild West not only facilitated commerce and expansion but also reflected the unique challenges and needs of frontier life.

BarnOwl Info Sharing Insight

Thank you very much Christelle for your excellent presentation on ‘IRMSA South African Risk Report 2024/25)’ at the BarnOwl info-sharing event held on 26th September 2024. Thank you to all those who attended the session.

 

The annual IRMSA risk report has for many years identified the same or similar risks year on year. Sadly, almost all of the top risks have deteriorated over the past 10 years.

 

We needed a change of direction to avert a ‘failed state’ and the elections at the end of May 2024 brought one by ushering in a new Government of National Unity (GNU), which has injected much-needed confidence into the country.

BarnOwl Tip of the Month 

Did you know?

 

BarnOwl version 11.3.0 (and above) enables custom fields to be configured with pre-populated information for Audit Steps. Pre-populated Audit Steps allow you to build an audit knowledge base, which helps to guide the auditor during an audit and simplifies the audit process.

 

Three (3) simple steps to configuring and using pre-populated Audit Steps

 

Step 1: Configure custom fields for Audit Steps (System Administrator in SMC (Server Management Console))

Step 2: Pre-populate Audit Step custom fields per Project Type (System Administrator in SMC)

Step 3: Use the pre-populated Audit Steps in your audit projects (Auditor)