Day: May 10, 2022

Preparing for a QAR

Preparing for an Internal Audit Quality Assurance Review

On By John Kaneklides

Internal audit spends most of its time assessing various functions and processes across the organization. But how well does it know itself? After all, Aristotle once said, “knowing yourself is the beginning of all wisdom.” Luckily, there is an accepted review process for assessment of internal audit, known as a Read More

U.K. Parliament

U.K. Leaders Promise Audit Reform in Speech to Parliament

On By Joseph McCafferty

The U.K. government has issued a 140-page document that outlines a long-awaited proposal to overhaul of the auditing industry. The proposal included plans to revise the definition of “public-interest entities” regarding regulation to include major private firms and to create a new regulatory body to oversee the auditing industry. Missing Read More