One of the big concerns about the rapidly deteriorating economy as a result of the Coronavirus Crisis is the potential for fraud and abuse to rear its ugly head. Major downturns often bring to light frauds that either have been ongoing and are now exposed, or it prompts new frauds Read More
A new report explores the long-term impact of the Coronavirus Crisis on internal audit functions around the globe. The report, “COVID-19 and Internal Audit: Preparing for the New Normal in 2020 and Beyond,” released by the Internal Audit Foundation, the Institute of Internal Auditors, and AuditBoard, provides practical direction as Read More
Robotic process automation (RPA) is quickly gaining prominence among internal audit shops as a must-have technology to increase inefficiency and automate some labor-intensive processes. RPA is the use of software or other technology to create scripts or “bots” to handle high-volume, repeatable tasks that previously required people to perform. These Read More
