Fill out the form below to download: The 2021 Audit Management Playbook Are you an audit leader looking to take your internal audit team to the next level in 2021? Get started with the definitive guide to audit management, which contains best practices, resources, and tools for each stage of Read More
The Securities and Exchange Commission has charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects. Under Armour has agreed to pay $9 million to settle the action. According to the Read More
The D.C. Housing Authority’s former internal auditor resigned after she says she faced retaliation and intimidation from agency heads over an audit that found $1.3 million in wasted funds. In deposition testimony, the former director of DCHA’s internal audit office, Joanne Wallington, says DCHA Director Tyrone Garrett, chief operating officer Read More
The Navy has been queueing up a 70 percent budget cut to the Naval Audit Service, led by special interests and without Congressional approval. The move is unprecedented, and it could lead to significant misuse and even greater waste. With the Navy’s goal to have over 355 ships in its fleet Read More
GUEST BLOG May is International Internal Audit Awareness Month. Each year, the internal audit community supports efforts to spread the word about the great work that internal auditors do at their companies, public entities, and organizations. The aim is to promote the profession, dispel misconceptions, and remind everyone of the Read More
When looking at most internal audit job postings, we generally see requirements of what a potential new internal audit hire should already know and less about the abilities they will need to succeed once they start the job. We all know from our own personal experience that a good job Read More
The U.S. Senate voted 53-45 on Wednesday to confirm former derivative markets regulator Gary Gensler as head of the country’s top securities markets regulator, spelling a tougher regulatory regime for Wall Street. Gensler is expected to be sworn in as U.S. Securities and Exchange Commission (SEC) chairman in the coming Read More
Soon after NASA launched the Hubble Space Telescope into Earth’s orbit in 1990, scientists discovered, to their dismay, that the telescope’s primary mirror was flawed. The mirror, built to exacting specifications by an outside contractor, was ground 1/450 millimeters too flat, drastically reducing Hubble’s usefulness and the quality of its Read More
As the third line within the “Three Lines of Defense” governance model, internal audit must provide assurance over the effectiveness and efficiency of operations, reliability of financial reporting, and compliance with applicable laws and regulations. Yet internal audit’s obligations don’t end there. The third-line responsibility also includes the mission to Read More
TeamMate+ has tools to help audit teams on their journey to becoming more agile. SPONSORED ARTICLE In today’s fast-paced landscape, the risk environment is constantly changing. Strategic and operational risks are ever-evolving, driven either by external or internal factors (or both), causing risk exposure levels to escalate faster than ever Read More
