Day: October 10, 2024

internal audit communication with board and audit committee

Improving Internal Audit’s Communication with the Audit Committee

On By Nirpendra Ajmera, Mark McEvoy, and Megean Ward

A strong relationship between internal audit leaders and the board and audit committee is essential for the department to accomplish its objectives and provide value to the organization. Yet, so many internal audit leaders don’t work at improving communications with the board or make it a point to build strong Read More

TD Bank to Pay $3B in Plea to Settle Money-Laundering Case

On By IA360 Staff

Canadian-based TD Bank will pay more than $3 billion in a historic settlement with U.S. authorities who said that the financial institution’s lax practices allowed significant money laundering over multiple years. The bank pleaded guilty to conspiracy to commit money laundering, the largest bank in U.S. history to do so, Read More