Month: January 2025

Crafting Memorable Internal Audit Reports with Storytelling Techniques

One of the most exciting aspects of parenthood is passing down the stories and books that shaped our childhoods. With little effort, we often recall our favorite stories and their memorable plots—like the heartwarming lessons from Charlotte’s Web or the playful risks in The Cat in the Hat. But consider Read More

CAEs face board scrutiny

Chief Audit Execs Will Face Increased Board Scrutiny in 2025

W ith the rise of AI and regulatory uncertainty, Chief Audit Executives (CAEs) are expected to face mounting pressure from the board to address emerging risks and strengthen mitigation efforts. According to Gartner, a technological research and consulting firm, as AI has emerged as both a valuable business asset and Read More

Compliance

The IIA’s New Global Standards Take Effect

The Institute of Internal Auditors’ new Global Internal Audit Standards took effect on January 9, ushering in a new era in the practice of internal auditing. The Standards were first released in January of 2024 as part of the broader International Professional Practices Framework Evolution project. They provide a basis for Read More

A Guide to Driving Meaningful Change in Internal Audit Culture

As we know, internal audit teams can sometimes overlook company culture when identifying areas of risk and concern. A 2023 AuditBoard report, for example, found that 80 percent of the organizations it surveyed do not actively conduct audits or assessments of their culture. This gap may also point to a Read More