Editor's Blog
Where Does Internal Audit Sit? It’s Important!
GUEST BLOG POST This may be an odd question to ask, but as a leader of internal audit and risk...
Research Digest
Report: Companies Increasing Internal Audit Budgets, Staff
A new survey finds that internal audit departments are generally increasing their budgets and adding more staff. According to the...
Insight 360°
Internal Audit’s Increasing Role in Hunting for Fraud
How can internal auditors look for fraud and assess fraud risks while remaining trusted advisors to their audit clients and...
Sponsored Articles
The City of Vaughan’s Audit Universe Is Vast—Here’s How We Navigate It
Sponsored Article What to audit… what not to audit. Have you ever wondered how a municipality decides which processes need to be improved, what new services are required or how risks are avoided? One of the ways is through completing an internal audit. At the City of Vaughan, our job
Featured news
CAEs Diverting Internal Audit Resources to AI-Related Risks
The rapid growth and adoption of generative AI (GenAI) has resulted in a scramble to provide internal audit coverage over potential risks arising from use of the technology, according to a survey by Gartner. Gartner surveyed 102 chief audit executives (CAEs) to rate the importance of providing assurance over 35
SEC Releases Scaled-Back Final Rules on Climate Disclosures
The Securities and Exchange Commission voted to finalize its rules on climate-change disclosures titled, “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” In an about face that the SEC began signaling last month, the Commission cut key provisions from the proposal, including a requirement to disclose Scope 3 emissions,
The IIA Provides Resources to Aid in Adoption of New Standards
The Institute of Internal Auditors has released a collection of tools and resources to help internal auditors incorporate the new Global Internal Audit Standards into their practice. The new Standards, which were released in early January, will become effective in January of 2025. According to the IIA, “the new Standards
PCAOB Fines Audit Firm Haynie and Partners $590K for Audit Failures
The Public Company Accounting Oversight Board (PCAOB) has imposed fines and penalties on top 100 audit firm Haynie & Co. and several of its partners of more than $590,000 for audit failures and violations of PCAOB’s rules and standards. The PCAOB found that the individual audit partners involved each violated
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